Exploration and Development in Canada's
    Most Prolific Mining District

Project 81 - Overview (last update - 2024-01-09)

Property Overview

 

Location:

Northern Ontario, Timmins Cochrane Area

Target Commodity:

Nickel (Ni), Gold (Au), Chromium (Cr), Copper (Cu), Zinc (Zn), Silver (Ag), Platinum Group Metals (PGM)

Property Size:

Project 81: Owns one contiguous block of land totaling ~25,000ha staked and patented mineral rights, including a 50% interest in~6,000 ha claims in Carnegie, Prosser, Wark and Kidd Twps (6,600ha)
Noble has optioned or agreed to purchase 307 and staked 256 mining claims ~11,992ha in Mann, Hanna, Duff and Reaume Twps

Stage of Development:

Early-Stage Exploration

Current Work Program:

2000m diamond drilling now underway following up on a line cutting Induced Polarization Survey performed on the Carnegie property with results used to identify drill targets.  

Potential:

Large nickel body identified

Net Ownership:

Noble owns the mineral rights subject to a 2% NSR on the patented mineral rights in Project 81

Noble retains (subject to a graduated buyback as to 50%) a 2% NSR on all staked and vended claims in Bradburn/Calder, Mahaffey and MacDiarmid Twps


Noble has a 50% ownership on the mining claims in Carnegie, Kidd, Wark and Prosser Twps

JV/Strategic Partner:

NOB is focused on seeking Joint Venture partners to further expand on all its exploration and development programs.

Carnegie Twp – Group of Private Investors – NR 2023-07-11
Crawford Twp – Canada Nickel Company Inc – NR 2018-05-08
Calder Twp – Private Investor
Dargavel Twp – Private Investor
Kingsmill Twp – Canada Nickel Company Inc
Aubin Twp - Canada Nickel Company Inc
Nesbitt Twp- Canada Nickel Company Inc
Mahaffy Twp –Canada Nickel Company Inc
MacDiarmid Jamieson Twps - Canada Nickel Company Inc
Mann, Reaume, Hanna, Duff – Optioned to Canada Nickel Company Inc
Carnegie Twp – 50% – Private Company – NR 2021-08-24
Kidd Twp – 50% – Private Company – NR 2021-08-24
Wark Twp – 50% – Private Company – NR 2021-08-24
Prosser Twp – 50% – Private Company – NR 2021-08-24

Way Twp - Noble 50% with right to earn 100%

Thomas Twp - Noble 100% - NR 2023-08-17

 

Operator:

Noble Mineral Exploration. ('NOB')/Canada Nickel Company Inc

 

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Noble Provides Update on Conditional Sale of Surface Rights to Block A of Project 81

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Noble Provides Project 81 Update

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2012 Year in Review

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Noble Mineral Exploration Inc. Announces Acquisition of Additional Claims, Kingsmill & Aubin Twps.

Noble Mineral Exploration Inc. Commences Diamond Drilling on the Lucas Gold Target

Noble Mineral Exploration Inc. Announces a Private Placement of Shares and Mobilization of Lucas Gold Target Drill Program

Noble Mineral Exploration Inc. Announces Final Drill Results on the Kingsmill Nickel Anomaly

Noble Mineral Exploration Inc. Announces IP Survey Results over the Lucas Gold Target

Noble Mineral Exploration Announces the Confirmation of an Extensive Mineralized Nickel Deposit at Kingsmill

ROF Confirms Extensive Width of Mineralized Nickel Body at Kingsmill

ROF Intersects 502.6m of 0.25%Ni in 2nd Drill Hole at Kingsmill, Project 81 (Drill Hole terminated in mineralization)

ROF Intersects 437.6m of 0.28% Ni at Kingsmill, Project 81

ROF Receives Final Heliborne Magnetic Geophysical Interpretations over the Kingsmill Anomaly

ROF Commences Drilling on the Kingsmill Nickel Target

ROF Signs Memorandum of Understanding with First Nations

ROF Receives Preliminary Heliborne Geophysical Results and Signs Drill Contract; Proposes Company Name Change

Ring of Fire Resources Inc. Reports Additional Historic Results from Lucas Township Primary Gold Target, Project 81

Ring of Fire Resources Inc. Reports Historic Results from Lucas Township Primary Gold Target

Ring of Fire Resources Inc. Acquires Mineral Claims in Lucas, Duff & Tully Twps, Timmons, Ontario from Metals Creek Resources

Ring of Fire Resources Inc. Stakes Potential Faulted Extension of its Kingsmill Nicket Target - Project 81

Ring of Fire Resources Inc. Announces commencement of Airborne Geophysical Survey - Project 81

Ring of Fire Resources Inc. Engages IBK Capital for the Private Placement of Common Share Units; Signs Contract to Initiate Airborne Survey over Project 81

Ring of Fire Closes Acquisition of Project 81

Franco-Nevada Commits to Funding Ring of Fire Resources' Purchase of Project 81; Ring of Fire Executes Definitive Purchase and Sale Agreement with Abibow Canada Inc.

Ring of Fire Resources Inc. Presents Historical Data for "Project 81" Mineral Properties near Timmins, Ontario

Ring of Fire Resources Inc. Signs Exclusivity Agreement to Purchase High Potential Mineral Properties near Timmins, Ontario

Presentations

Investors' Presentation

Lucas TWP Presentation

Calder, Lennox & Bradburn Twps, Trends and Targets Presentation

Kingsmill Twp Presentation

MacDiarmid Twp Presentation

Mahaffy Twp Presentation

Reports

Ring of Fire Resources Inc. - Project 81 Timber Valuation for the AbitibiBowater Smooth Rock Falls Freehold

NI 43-101 Technical Report on the Project 81 Area

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