Core Insights - Noble Mineral Exploration Inc. announced successful exploration drilling results from its joint venture partner Canada Nickel Company Inc. in East Timmins Nickel Ltd. [1] - Canada Nickel reported strong results from its properties, particularly the Mann West property, which delivered the highest grade interval to date with 0.63% nickel over 4.5 metres [2][3] - The regional exploration program is yielding excellent outcomes, with each of the Three Giants properties showing strong drilling results and a target footprint larger than the flagship Crawford Nickel Sulphide Project [3] Company Overview - Noble Mineral Exploration Inc. holds a 20% interest in the Mann property, which is located 22 kilometres east of Crawford and is primarily owned by Canada Nickel [4] - Canada Nickel is advancing nickel-sulphide projects to meet the demand for electric vehicles and stainless steel, with a focus on producing net zero carbon nickel and cobalt products [17] - Noble holds mineral rights in approximately 70,000 hectares in Northern Ontario and has various exploration targets at different stages [19][20] Drilling Results - The Mann West property has been drilled extensively, with 40 holes completed to date, and an initial resource estimate is expected by April 2025 [5] - Significant drilling highlights from Mann West include hole MAN24-79, which intersected 0.27% nickel over 452.3 metres, with higher grades of 0.63% nickel over 4.5 metres [7] - Mann South also showed promising results, with hole MAN24-88 intersecting 0.23% nickel over 435.1 metres [12] Future Prospects - Canada Nickel plans to publish six additional resource estimates by mid-2025, bringing the total to eight regional resources, highlighting the vast scale of nickel resources in the Timmins Nickel District [3] - The ongoing exploration and drilling activities are expected to enhance the understanding of the mineral potential in the region, which is critical for future development [4][10]
Noble Mineral highlights Successful Exploration Results announced by Canada Nickel, including Highest Grade to Date at Mann West