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.