Noble Mineral receives AI study results for Project 81

Jul 12, 2018

2018-07-12 09:27 ET – News Release

Mr. Vance White reports

PROJECT 81 EXPLORATION UPDATE CARDS-ARTIFICIAL INTELLIGENCE (AI) REPORT

Noble Mineral Exploration Inc. has released the results of the recently completed artificial intelligence (AI) study report by Albert Mining Inc., of Brossard, Que., using its proprietary computer-aided resources detection software (CARDS) AI technology and data mining techniques to further enhance and upgrade the target selection process within Project 81.

CARDS is a state-of-the art computer system that uses the latest AI and pattern recognition algorithms to analyze large digital exploration data sets, such as with Project 81, and produce exploration targets. CARDS uses many layers of gridded data (variables) to learn the “signature” of known mineralized sites (positive cells) in a given area, which are then scored, and cells with high similarity to the “sought signature” are identified.

Project 81 is a 70,000-hectare underexplored, contiguous land package covering 12 townships just three kilometres north of the Kidd Creek mine.

The current AI study covered Carnegie and Crawford townships (approximately 17,000 hectares — 171.28 square kilometres), and the target objectives were copper-zinc (Cu-Zn) and nickel (Ni) targets. Noble is very pleased with the results of the study, which generated 12 Cu-Zn targets that show 80-per-cent-plus similarity prediction using the AGEO (aggregation of GEO-referenced model) Cu-Zn model and nine Ni targets that show 90-per-cent-plus similarity prediction using the AGEO Ni model. AGEO is one of two algorithms used to determine and validate the accuracy of prediction of the model, the other being the C-Cluster algorithm, which is used to compare and validate predictions generated by the AGEO algorithm

The study incorporated a total of 2,632 training points that were subjected to evaluation using merged helicopter-borne time-domain electromagnetic (HTEM) and magnetic surveys completed by Triumph Geophysics in 2017 for Noble Minerals, at 25-metre resolution, together with the historical diamond drill hole database compiled by Orix Geoscience, of Toronto, to construct the Cu-Zn and Ni “predictive models.” CARDS uses data mining techniques and pattern recognition algorithms to analyze and compile the exploration data into many layers of gridded variables, in order to identify target zones with high statistical similarity to known areas of mineralization.

Noble Mineral’s Project 81 is located within the Kidd-Munro assemblage of the western Abitibi subprovince in Ontario and is one of the largest ultramafic-rich volcanic successions of any age in the world, and it hosts the giant Kidd Creek VMS (volcanic-associated massive sulphide) deposit, an important example of bimodal-mafic (ultramafic) VMS deposits.

Noble Minerals will be sharing the results of this study with its joint venture partner, Spruce Ridge Resources Ltd., on the Crawford township property.

Randy S.C. Singh, PGeo (Ontario), PEng (Ontario), vice-president, exploration and project development, 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.

About Noble Mineral Exploration Inc.

Noble Mineral is a Canadian-based junior exploration company which, apart from its shareholdings in MacDonald Mines Exploration Ltd. and its interest in the Wawa-Holdsworth gold exploration property in Wawa, Ont., has as its flagship program, Project 81, a contiguous land package of approximately 70,000 hectares covering 12 townships immediately north of the Kidd Creek mine (celebrating its 51st year of operation).

We seek Safe Harbor.

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