Next week's #1 biggest play will be Noble Mineral Exploration (TSXV: NOB) currently trading for $0.055 per share!
NOB owns 100% of the Mann Northwest Property in Ontario being explored by Canada Nickel Company (TSXV: CNC). NOB has optioned the Mann Northwest Property to CNC where the exploration is being paid for by CNC so that CNC can earn an 80% stake in the project, which will leave NOB with a 20% stake.
On August 23rd, CNC announced successful drilling results for NOB's Mann Northwest Property:
Drill hole MAN23-01 intercepted 412.2m of 0.19% nickel, 0.01% cobalt, 0.028 g/t palladium, and 0.019 g/t platinum plus an additional 81m of 0.24% nickel, 0.01% cobalt, 0.003 g/t palladium, and 0.004 g/t platinum.
Drill hole MAN23-02 intercepted 348.5m of 0.23% nickel, 0.01% cobalt, 0.025 g/t palladium, and 0.015 g/t platinum plus an additional 28.9m of 0.03% nickel, 0.01% cobalt, 0.294 g/t palladium, and 0.229 g/t platinum.
Drill hole MAN23-03 intercepted 291.5m of 0.23% nickel, 0.01% cobalt, 0.005 g/t palladium, and 0.006 g/t platinum plus an additional 23m of 0.22% nickel, 0.01% cobalt, 0.003 g/t palladium, and 0.006 g/t platinum.
Drill hole MAN23-04 intercepted 301.5m of 0.18% nickel, 0.01% cobalt, 0.009 g/t palladium, and 0.011 g/t platinum plus an additional 16m of 0.01% nickel, 0.01% cobalt, 0.238 g/t palladium, and 0.176 g/t platinum.
Drill hole MAN23-05 intercepted 366.5m of 0.20% nickel, 0.01% cobalt, 0.019 g/t palladium, and 0.013 g/t platinum.
CNC drilled three additional holes at NOB's Mann Northwest Property to the northwest of these five holes and the results are pending. Each of these three additional drill holes intercepted favorable types of mineralization in a range of 390m up to 415m. These first eight drill holes have established a strike length of 2.7 km and the target remains open in all directions.
The Mann Northwest target's geophysical footprint is 6.0 km2 or more than triple the size of CNC's flagship Crawford Nickel Project footprint and NOB will retain a 20% stake in Mann Northwest!
CNC has a current market cap of approximately CAD$167.32 million making it the #1 highest market cap TSX Venture nickel exploration company!
Past performance is not an indicator of future returns. NIA is not an investment advisor and does not provide investment advice. Always do your own research and make your own investment decisions. This message is not a solicitation or recommendation to buy, sell, or hold securities. NIA has received compensation from NOB of US$50,000 cash for a six-month marketing contract. This message is meant for informational and educational purposes only and does not provide investment advice.