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Noble Minerals Expands Portfolio with Acquisition of Uranium-Molybdenum Property

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Noble Minerals Expands Portfolio with Acquisition of Uranium-Molybdenum Property

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An announcement from Noble Mineral Exploration ( (TSE:NOB) ) is now available.

Noble Mineral Exploration has acquired the Taser North Property in Northern Quebec, a significant uranium-molybdenum prospect. The property, located in the Ungava Bay region, encompasses high-grade metamorphic rocks and is part of the Central Quebec Uranium Lineament. Historical exploration in 2007 revealed uranium-bearing outcrops with notable grades, indicating the property’s potential for uranium mineralization. This acquisition positions Noble to further explore these promising geological formations, potentially enhancing its operations and impact in the mineral exploration sector.

More about Noble Mineral Exploration

Noble Mineral Exploration Inc. operates in the mineral exploration industry, focusing on the acquisition and exploration of mineral properties. The company is engaged in the exploration of various minerals, including uranium and molybdenum, with a market focus on expanding its property portfolio in promising geological regions.

YTD Price Performance: 12.50%

Average Trading Volume: 135,148

Technical Sentiment Consensus Rating: Buy

Current Market Cap: C$10.68M

Learn more about NOB stock on TipRanks’ Stock Analysis page.

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