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    NOB   CA65506N1015

NOBLE MINERAL EXPLORATION INC.

(NOB)
Delayed Bourse de Toronto  -  05/20 03:54:06 pm EDT
0.0650 CAD    0.00%
05/20Noble Mineral Exploration Inc. Reports on the Proposed Programs for Number of Its Active Projects
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05/19NOBLE MINERAL : Exploration Update
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05/02Noble Mineral Exploration Inc. Provides Exploration Update
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Noble Mobilizes Drill to Dargavel/Aubin Townships to Verify Historic Gold Values

01/06/2022 | 11:10am EDT

Noble Mineral Exploration Inc. announced that mobilization of a drill and crew has begun on its Dargavel/Aubin property. The drill program is designed to test historic gold values intersected by Inco in the 1960's (Aubin Twp) and Chevron in the 1980's (Dargavel Twp). A minimum of 2,000 meters is planned. The Dargavel/Aubin Property is owned 100% by Noble subject to a 50/50 Option /JV with a private investor and to a 2% Net Smelter Royalty held by Franco Nevada. Of the many targets available, two have been chosen that appear to hold the highest potential. The Noble drill hole ended in mineralization and will be extended in order to de extent of the mineralization. Additional drilling will be done to test geophysic along strike for approximately 5.5 km. Target 2 will test a drill hole drilled by Inco (1960's) that intersected: 9.25 g/t gold over 0.3m plus, 0.51 g/t gold over 10.7m and 1.24 g/t gold over 6.5m. The current drill program will test a small proportion of targets identified by Noble. Michael Newbury P.Eng. (ON), 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 Noble.


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Financials
Sales 2020 - - -
Net income 2020 4,17 M 3,25 M 3,25 M
Net cash 2020 6,12 M 4,77 M 4,77 M
P/E ratio 2020 3,17x
Yield 2020 -
Capitalization 14,1 M 11,0 M 11,0 M
EV / Sales 2019
EV / Sales 2020 -
Nbr of Employees -
Free-Float 95,7%
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Managers and Directors
H. Vance White President, Chief Executive Officer & Director
Robert D. B. Suttie Chief Financial Officer
Michael C. Newbury Independent Director
James Birks Bovaird Independent Director
Yvan Champagne Independent Director
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