Brossard, Quebec – July 18, 2019 – Albert Mining Inc. (the “Company” or “Albert Mining”) (TSXV:AIIM) a leader in the use of Artificial Intelligence (AI) and advanced knowledge-extraction techniques since 2005 in the mining sector, is pleased to announce that Noble Mineral Exploration and its JV partner Spruce Ridge Resources Ltd., recently published positive results from mineralogical studies over the Ni main target on its Crawford Property generated last July 2018 through use of Albert Mining’s CARDS AI Technology.
Noble Mineral Exploration Inc. (TSXV:NOB) – (“Noble” or the “Company”) announced that its Option and JV partner Spruce Ridge Resources Ltd (TSXV:SHL) has released exciting results of mineralogical studies on drill core samples identified by CARDS from the Company’s Crawford Nickel-Cobalt project near Timmins, Ontario.
The recent 1,818-metre, 4-hole drill program resulted in wide intersections of up to 558 m of serpentinized dunite and peridotite with consistent concentrations of nickel, cobalt, palladium and platinum. The study was successful in determining whether the nickel (and other elements) occurs in the sulphide state, which could be economically extracted from the ultramafic host rocks identified by Albert’s CARDS system. You can see the map with prediction at 91 % similarity:
Mr. Michel Fontaine, President & CEO at Albert Mining, stated: “The potential is huge! CARDS has proven once again that AI can drastically reduce the cost of exploration. In this case CARDS predicted 12 potential targets, and Noble Minerals was able to validate the best target quickly and cost effectively. “
Mr. Dinesh Kandanchatha, Chairman of Albert Mining, stated: “CARDS has the potential to dramatically change the economics and tools of base metal exploration. There is no other AI based Digital Exploration company that has our track record and flexible business model.”
More detailed information is available on the website http://www.noblemineralexploration.com. Noble’s common shares trade on the TSX Venture Exchange under the symbol “NOB”.
About Albert Mining Inc. – Powered by Artificial Intelligence (AI) since 2005
Albert Mining is a services company using Artificial Intelligence (AI) with an extensive portfolio of gold, copper and zinc properties in Quebec. Albert can count on a multidisciplinary team that includes professionals in geophysics, geology, Artificial Intelligence, and mathematics. The Company’s objective is to develop a new royalty stream by significantly enhancing and participating in the exploration success rate of mining.
For further information, please contact:
President and CEO of Albert Mining Inc.
This news release contains certain “forward-looking statements” or “forward-looking information” (collectively referred to herein as “forward-looking statements”) within the meaning of applicable securities legislation. Such forward-looking statements include, without limitation, forecasts, estimates, expectations and objectives for future operations that are subject to a number of assumptions, risks and uncertainties, many of which are beyond the control of the Company. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words “expects”, “plans”, “anticipates”, “believes”, “intends”, “estimates”, “projects”, “potential” and similar expressions, or are events or conditions that “will”, “would”, “may”, “could” or “should” occur or be achieved. This news release contains forward-looking statements, pertaining to, among other things, the following: the resumption of the trading of Albert shares on the TSX Venture Exchange. Statements regarding future production, capital expenditures and development plans are subject to all of the risks and uncertainties normally incident to the exploration for and development and production of oil and gas that may cause actual results or events to differ materially from those anticipated in such forward-looking statements. These risks include, but are not limited to, inflation or lack of availability of goods and services, environmental risks, drilling risks, regulatory changes and certain other known and unknown risks detailed from time to time in Albert Mining’s public disclosure documents, copies of which are available on Albert Mining’s SEDAR profile at www.sedar.com.
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