Mr. Vance White reports

NOBLE REPORTS ON MANN TOWNSHIP RESULTS FROM CANADA NICKEL

Noble Mineral Exploration Inc. has noted a news release issued on Aug. 22, reporting results from Northwest Mann township, currently under option to Canada Nickel Company Inc., as shown below.

Canada Nickel Company has released drilling results from a further three holes, and assay results from the first five of eight holes drilled on its Mann Northwest property located in the prolific Timmins nickel district in Ontario.

Highlights:

• First eight holes drilled at Mann Northwest intersected multihundred-metre intervals of mineralized peridotite and minor dunite across combined strike length of 2.7 kilometres;
• Target remains open in all directions;
• Mann Northwest target geophysical footprint of six square kilometres is more than triple the size of Crawford project footprint;
• Hole MAN23-02 returned 0.26 per cent Ni (nickel) over core length of 210 metres, including 0.31 per cent nickel over 33 metres. Hole ended with 0.52 gram per tonne (g/t) Pt+Pd (platinum plus palladium) over 29 metres.

Mark Selby, chief executive officer of Canada Nickel, commented: "Our regional exploration program continues to deliver with today's confirmation of another discovery at Mann Northwest, part of Canada Nickel's Timmins nickel district. Mann Northwest has a target footprint more than three times that of Crawford and is one of 11 properties with a target footprint larger than Crawford. Three additional holes extended the strike length of mineralization by more than 1,100 metres to 2,650 metres, and assays from first five holes confirmed grades in line with expectations."

Mann Northwest property

The Mann property is located 22 kilometres east of Crawford, 20 kilometres south of Cochrane and 45 kilometres northeast of Timmins. Canada Nickel has an ability to earn an 80-per-cent interest in the property owned by Noble Minerals (see press release from Nov. 22, 2021). Drilling began at Mann Northwest, which has a target footprint of six square km compared with Crawford target footprint of 1.6 square km.

Drilling started in the Northwest zone, with a total of eight holes drilled, all of them intersecting mineralized sections of predominantly well-serpentinized peridotite and minor dunite. This release discloses assay results from the first five drill holes, and assays for the other three drill holes are pending.

The first five holes delineated mineralization along 1,150 metres of strike length and a width of at least 500 metres. The additional three holes extended the potential strike length to 2,650 metres. The target remains open in all directions.

MAN23-01 drilled to the southwest and intersected peridotite from top to bottom only, interrupted by 23.5 metres of pyroxenite with 0.44 gram per tonne platinum plus palladium. Initial samples were taken for mineralogical testing (Qemscan), confirming samples are very well serpentinized with varying amounts of heazlewoodite and pentlandite.

MAN23-02 intersected 348.5 metres at 0.23 per cent nickel in peridotite and finished in 28.9 metres of 0.52 g/t Pt plus Pd in pyroxenite.

MAN23-03 drilled to the northeast and intersected mineralized peridotite at the top and dunite at the bottom, with an average grade of 0.23 per cent Ni over 291.5 metres. The hole ended in dunite at 402 metres only interrupted by diabase dikes near the bottom.

MAN23-04 drilled near the southern end of the target and intersected 301.5 metres of peridotite with 0.18 per cent Ni, followed by 16 metres of 0.41 metre of Pt plus Pd in pyroxenite.

MAN23-05 drilled to the southwest and intersected a sequence of peridotite with minor dunite and pyroxenite. The hole assayed 366.5 metres of 0.20 Ni, including 11.0 metres of 0.44 g/t Pt plus Pd. The hole ended in mineralized peridotite.

MAN23-13 drilled to the southwest approximately 750 metres northwest of MAN23-05. The hole intersected 404.5 metres of interlayered dunite, peridotite and pyroxenite with predominantly moderate to strong serpentinization.

MAN23-14 drilled to the northeast collaring and terminating in mineralized dunite with intervals of peridotite. The hole is moderate to well mineralized and moderate to well serpentinized across core length of 390.0 metres.

MAN23-15 drilled to the northeast testing a fold hinge of a major structure, and it intersected 415 metres of a sequence of dunite, peridotite, pyroxenite and gabbro. The hole has sections of very-well-mineralized and well-serpentinized ultramafic.

Stephen J. Balch, PGeo (Ontario), vice-president of exploration for Canada Nickel, and a qualified person as 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 Canada Nickel.

Vance White, president and chief executive officer, said: "We are very pleased to see the work on another Canada Nickel optioned property. We look forward to additional results to come from the ground optioned to Canada Nickel that should be forthcoming in the near term."

About Noble Mineral Exploration Inc.

Noble Mineral is a Canadian-based junior exploration company, which, in addition to its shareholdings in Canada Nickel Company Inc., Spruce Ridge Resources Ltd., Go Metals Corp. and MacDonald Mines Exploration Ltd., and its interest in the Holdsworth gold exploration property in the area of Wawa, Ont., will continue to hold approximately 20,000 hectares of mineral rights in the Timmins-Cochrane areas of Northern Ontario known as Project 81, as well as an additional approximately 11,000 hectares in the Timmins area and approximately 14,400 hectares of mining claims in central Newfoundland. Project 81 hosts diversified drill-ready gold, nickel-cobalt and base metal exploration targets at various stages of exploration. It will also hold its approximately 14,600 hectares in the Nagagami carbonatite complex and its approximately 4,600 hectares in the Boulder project both near Hearst, Ont., as well as its approximately 482 hectares in the Cere-Villebon nickel, copper, platinum group metal property, its approximately 3,700 hectares in the Buckingham graphite property, its approximately 10,152 hectares in the Havre St. Pierre nickel, copper, PGM property and its approximately 518 hectares in the Laverlochere nickel, copper, PGM property, all of which are in the province of Quebec. More detailed information is available on the company's website.

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