Project 81 Noble Commissioned Airborne EM/MAG Geophysical Survey over Carnegie and Crawford Townships
Toronto, May 8, 2017 - Noble Mineral Exploration Inc. ("Noble" or the "Company") (TSX-V:NOB, FRANKFURT: NB7, OTC.PK:NLPXF) is pleased to announce that, it has entered into a contract with Balch Exploration Consulting Inc ("BECI") to carry out a ~2100 Line Kilometre helicopter airborne EM and Mag Survey over Carnegie and Crawford Townships -the completion of this Airborne Geophysical Survey over these two southern townships namely Carnegie and Crawford will provide Noble with a complete and a comprehensive Modern Geophysical dataset coverage over the entire ~70,000 Hectares Project 81 Property that were staked and acquired from Abitibi Forest Products (now Resolute Forest Products) in 2011. Project "81" lies immediately north of this world class VMS Deposit - The Kidd Creek Mine, which is currently celebrating its 50th continuous year of production.
The completion of this survey on these 2 southern townships, will provide Noble with a comprehensive and complete Modern Airborne Geophysical data coverage of the entire Project 81 Property in order to properly evaluate this very large, contiguous land package immediately north of the Kidd Creek VMS deposit.
Noble completed an EM and MAG Airborne Geophysical Survey over the northern 8 townships in 2012.
BECI's HTEM (Time Domain) EM System is a modular and rigid helicopter time domain electromagnetic system (HTEM) designed for mineral exploration, geologic and groundwater mapping and geotechnical applications HTEM features a scalable and powerful transmitter with a maximum 450 A current pulse that produces effective dipole moments ranging from 100,000 (6 m diameter) to 410,000 Am2 (15 m diameter) and exploration depths to 500 m and more. Each system is light and portable relative to its size.
HTEM is controlled by an electronics module known as the TDS-2400 (Time Domain System) that is designed to draw power from the helicopter generator (to a maximum of 85 A @ 28 VDC or 2.4 kW). The TDS-2400 features an efficient power booster circuit that continuously charges the transmitter driver located on the airframe through a series of voltage settings to a maximum 448 V. Maximum transmitter current is 450 A.
HTEM features a fully programmable base frequency and duty cycle, both which can be changed during the survey. In a typical application where the ground conductance is unknown the operator can fly specified test lines at different base frequencies to optimize the signal to noise ratio of the|\ system based on the actual measured Earth response within the survey area.
HTEM is manufactured from high-strength structural fiberglass components. These components are non-magnetic, non-conductive, water resistant and ultraviolet light (UV) protected. The modular nature of the airframe makes assembly, disassembly and field repairs quick and simple.
Vance White, Noble's President and CEO commented: "We're pleased to get this survey underway as this survey together with a proposed Airborne Gravity Gradiometer Survey over the entire ~70,000 Hectare Project 81 Area will provide us with multiple target in addition to those drill ready targets already identified in the northern 8 townships. Noble believes that VMS deposits of the Kidd Creek Type occur in clusters."
Randy Singh P.Geo(ON), P.Eng (ON), VP Exploration & Project Development of Noble and a "qualified person" as such term is defined by National Instrument 43-101, has verified the data disclosed in this news release, and has otherwise reviewed and approved the technical information in this news release on behalf of the Company.
About Noble Mineral Exploration Inc.:
Noble Mineral Exploration Inc. is a Canadian-based junior exploration company which, in addition to its shareholdings in MacDonald Mines Exploration Ltd. and its interest in the Holdsworth gold exploration property in the area of Wawa, Ontario, holds in excess of 70,641 hectares of mineral rights in the Timmins - Cochrane areas of Northern Ontario known as Project 81. Project 81 hosts diversified drill-ready gold and base metal exploration targets at various stages of exploration. More detailed information is available on the website at www.noblemineralexploration.com.
Noble's common shares trade on the TSX Venture Exchange under the symbol "NOB".
Cautionary Statement:
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.
The foregoing information may contain forward-looking statements relating to the future performance of Noble Mineral Exploration Inc. Forward-looking statements, specifically those concerning future performance, are subject to certain risks and uncertainties, and actual results may differ materially from the Company's plans and expectations. These plans, expectations, risks and uncertainties are detailed herein and from time to time in the filings made by the Company with the TSX Venture Exchange and securities regulators. Noble Mineral Exploration Inc. does not assume any obligation to update or revise its forward-looking statements, whether as a result of new information, future events or otherwise.
Contacts:
H. Vance White, President
Phone: 416-214-2250
Fax: 416-367-1954
Email: info@noblemineralexploration.com
Investor Relations
Email: ir@noblemineralexploration.com
Click Image To View Full Size
Click Image To View Full Size
Copyright (c) 2017 TheNewswire - All rights reserved.