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FAQ: Noble Mineral's Thomas Carbonatite Drilling Program Near Timmins, Ontario
TL;DR
Noble Mineral Exploration's drilling contract for the Thomas Rare Earth property offers investors potential first-mover advantage in untapped rare earth element resources near Timmins, Ontario.
Noble identified a magnetic donut-shaped carbonatite signature, conducted magnetometer surveys, and will drill the magnetic low to test for rare earth element mineralization.
This exploration could help secure new domestic sources of rare earth elements, reducing geopolitical dependencies and supporting sustainable technology development for future generations.
Carbonatites are rare carbonate-rich rocks that form unique donut-shaped magnetic signatures and are the world's primary source of rare earth elements.
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Noble Mineral Exploration Inc. has signed a drill contract to begin drilling on the Thomas Rare Earth property near Timmins, Ontario, targeting a carbonatite structure that may contain rare earth elements, niobium, zirconium, and phosphate oxide.
The Thomas Carbonatite is a magnetic feature in Thomas Township identified by Noble's research as resembling a classic carbonatite signature. Carbonatites are the world's primary source of rare earth elements (REE), niobium, zirconium, and phosphate oxide, making this an important potential mineral discovery.
The project is located in Thomas Township near Timmins, Ontario, Canada.
Noble's staff identified a magnetic feature resembling a classic carbonatite signature, typically donut-shaped with a magnetic high surrounding an extreme magnetic low. To the best of their knowledge, this magnetic structure has never been drilled and does not outcrop on surface.
The drilling program (Phase 2) aims to drill into the magnetic low to confirm the existence of a carbonatite and test for economic mineralization of rare earth elements, niobium, zirconium, and phosphate oxide.
In 2023, Noble completed a magnetometer and VLF-EM survey to identify the exact position of the magnetic low and the depth of the overburden in preparation for the current drilling program.
Noble has been awarded an Ontario Junior Exploration Program (OJEP) grant by the Ontario Government, which provides a 50% rebate on exploration programs of up to $200,000 on a $400,000 exploration program in Ontario.
Vance White, President and CEO of Noble, stated they are pleased to start the drill program on this exciting untested project given geopolitical interest in finding new rare earth element sources, and they appreciate Ontario's OJEP assistance.
Wayne Holmstead P.Geo. #2509, a qualified person as defined by National Instrument 43-101, has verified the data and reviewed and approved the technical information on behalf of Noble.
Noble Mineral Exploration Inc. is a Canadian-based junior exploration company with holdings in Canada Nickel Company Inc., Homeland Nickel Inc., East Timmins Nickel Inc. (20%), and the Holdsworth gold exploration property near Wawa, Ontario, plus mineral/exploration rights in approximately 70,000ha in Northern Ontario and 24,000ha in Quebec.
Curated from NewMediaWire
