Noble Mineral Exploration (TSXV: NOB) as of August 31st owned Canada Nickel Company (TSXV: CNC) shares worth $3,348,437. CNC was $1.16 per share on August 31st and has since gained by 36.21% to a closing price today of $1.58 per share.
NOB as of August 31st owned Spruce Ridge Resources (TSXV: SHL) shares worth $810,000. SHL was $0.045 per share on August 31st and has since gained by 122.22% to a closing price today of $0.10 per share.
The most important CNC development in recent months was CNC's August 22nd confirmation of a significant nickel discovery at Mann Northwest located to the east of Crawford. CNC believes based on their geophysical surveys and initial drill holes at Mann Northwest that the property has potential to contain a larger nickel resource than Crawford. NOB currently owns 100% of Mann Northwest.
NOB owns 2% NSR royalties in CNC's Mahaffy, MacDiarmid, and Bradburn properties.
NOB owns 25,000 hectares of additional staked and patented mineral rights surrounding CNC's properties.
NOB owns 100% of the copper project directly north of SHL's Great Burnt Copper Project in Newfoundland.
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. 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.
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