NOB Jumps 61.90% as Canada Approves Crawford Nickel Mine

Noble Mineral Exploration (TSXV: NOB) owns 2,091,184 common shares in Canada Nickel Company (TSXV: CNC), owner of the newly approved, soon-to-be-developed Crawford Nickel Mine: the world's second-largest nickel reserve and resource globally.

NOB also owns over 10 million common shares in Homeland Nickel (TSXV: SHL), owner of the Cleopatra Property in Oregon, which contains a historical resource of approximately 40 million tonnes (Mt) of laterite grading over 0.9% nickel: the largest undeveloped nickel resource in the continental United States.

NOB previously held 19,500,000 Homeland Nickel (TSXV: SHL) shares and recently distributed 9,000,000 Homeland shares to NOB shareholders as a special dividend at a ratio of approximately 0.03406078 of a Homeland share for each Noble share held.

With Crawford set for development, NIA expects Canada Nickel to soon announce a major spin-off of East Timmins Nickel as a new publicly traded company of which NOB owns a 20% stake. It is possible NOB would consider spinning off its East Timmins shares to NOB shareholders as part of the future IPO of East Timmins Nickel.

East Timmins Nickel owns 100% of the Mann Township nickel projects, a short distance from Crawford.

East Timmins Nickel's Mann West alone has a maiden resource estimate of 0.9 Mt of nickel indicated and 1.3 Mt of nickel inferred, for 2.2 Mt of total nickel resources based on only 40 drill holes totaling 17,703 meters.

For comparison, Crawford has 3.7 Mt of proven and probable nickel reserves after 446 drill holes totaling 172,081 meters.

Here is a comparison graphic of Crawford vs. Mann West showing it is possible Mann West could see an additional 50% to 100% in future resource growth, potentially surpassing Crawford:

East Timmins Nickel's Mann Central has a maiden resource estimate of 0.51 Mt of nickel indicated and 1.15 Mt of nickel inferred, for 1.66 Mt of total nickel resources based on only 34 drill holes totaling 12,234 meters.

Here is a comparison map of Crawford vs. Mann Central showing it is possible Mann Central could see an additional 75% to 250% in future resource growth, potentially surpassing Crawford:

Between Mann West and Mann Central, the odds are high that the Mann Township properties of East Timmins Nickel will surpass Crawford.

NOB also owns 2% NSR royalties on several Canada Nickel properties, including in Mahaffy and MacDiarmid Townships:

Earlier this month, NOB announced a deal to acquire Canada Nickel's Lucas Gold Project!

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 and previously received US$50,000 cash for a six-month marketing contract which has since expired. NIA’s President has purchased 20,000 shares of SHL and intends to buy more shares. NIA is receiving compensation from SHL of US$75,000 cash for a six-month marketing contract. This message is meant for informational and educational purposes only and does not provide investment advice.