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Cobalt Blockchain nixes deal to earn up to a 75% stake in Dargavel property

Cobalt Blockchain Inc., formerly Peat Resources Ltd., terminated a letter of intent with Noble Mineral Exploration Inc. over the Dargavel Township gold-nickel property in Ontario.

This comes after Noble Mineral said it would be unable to provide geological information on the property in the near future, according to a Sept. 7 release.

In October 2017, the company agreed to earn up to a 75% stake in certain target areas of Dargavel Township, which forms part of Noble Mineral's Project 81 property.