Mr. Vance White reports

NOBLE MINERALS INITIATES AN AIRTEM AIRBORNE SURVEY NEAR GO METALS, HSP PROJECT, HAVRE ST. PIERRE, QUEBEC

Noble Mineral Exploration Inc. has initiated an AirTEM airborne magnetic-electromagnetic survey on 188 claims (10,152 hectares) of strategic ground in the vicinity of Go Metals Corp.'s HSP nickel, copper, platinum group project north of Havre St. Pierre located in Quebec. The survey covers approximately 18 kilometres of prospective contact of the Havre St. Pierre anorthositic complex where Go Metals announced the discovery of wide intervals of nickel and copper sulphides (Go Metals press release dated Sept. 13, 2022).

The Noble claims cover the Havre St. Pierre anorthositic complex, which contains known nickel, copper and platinum group element mineralization. The claims cover magnetic features similar to Go Metal's HSP nickel-copper discovery. Nickel-copper-platinum-group mineralization tends to accumulate near the intrusive contact that is identified by a sharp contrast between magnetic high and extreme magnetic low (the anorthosite). The Noble claims cover approximately 29 km of prospective contact. The electromagnetic survey will identify additional prospective targets for further investigation.

The helicopter-borne, AirTEM, time-domain electromagnetic and magnetic surveys will consist of 456 line km to cover 18 km of strike length. The claims are road accessible and power lines cross the property. The Noble property is located about 90 km north of the town of Havre St. Pierre.

Future work will include evaluation of the airborne survey, and ground follow-up that includes trenching and diamond drilling of identified targets.

Boulder project, Hearst, Ont.

Work is continuing on the Boulder project near Hearst, Ont. An application has been made for an Ontario Junior Exploration grant that could provide up to $200,000 on a $400,000 program. Work will include induced polarization surveys and overburden drilling in an attempt to identify the source of a highly mineralized boulder found in the area.

A sample of the metalliferous boulder, brought to the Timmins mining district regional resident geologist in 2019 by an A. Cousineau, was submitted for chemical analysis to Geolabs in Sudbury to establish its metal and mineralogical makeup. Geolabs determined that the boulder contained: 71.8 per cent copper; 3.5 per cent lead, 1.09 per cent zinc; 252 grams per tonne of silver, 3.79 g/t of gold; 4.43 g/t of palladium; and 2.22 g/t of platinum and consisted primarily of cuprite. The type of copper mineralization found in the boulder is unusual for copper mineralization found in the Superior province of the Canadian Shield. The primary mineral is cuprite, a soft, heavy, red oxide mineral (Cu2O (cuprous oxide)) that is an important ore of copper worldwide.

In 2021, Noble launched an exploration program on the property in an effort to identify the source of the boulder. Basal till samples collected from two fence lines of hand auger holes, located about 100 metres and one km north of the boulder location, produced 35 gold grains. These gold grains defined a southeast-northwest-trending dispersion train that indicates they were transported southeast by the continental glacier from a source area located to the northwest. The dispersion train appears to begin near a northeast-trending magnetic anomaly to the northwest of the property. The gold grains are predominantly reshaped (24) but also include modified (seven) and pristine (four), supporting a local source for the mineralization.

Kidd2/Carnegie project, Timmins, Ont.

As previously announced, the drilling of the Kidd2/Carnegie project has been delayed until December. The delay is caused by an unusually wet spring and summer season making access to the drill sites very difficult. Helicopter support was considered; however, management determined that the additional expense was excessive and would much rather see the money spent on the ground. The drill contractor has informed Noble that they would commit two drills to the program in order to complete the program in an expeditious manner allowing the company to meet its timeline for the OJEP grant. The company's partner agreed with this decision (for details on the project see Noble press release dated July 18, 2023).

Historical exploration results disclosed in this news release are non-compliant with the requirements of National Instrument 43-101.

Mitch Lavery (OGQ), a qualified person as such term is defined by National Instrument 43-101, has reviewed the Quebec data disclosed in this news release, and has otherwise reviewed and approved the technical information in this news release on behalf of Noble.

Michael Newbury, PEng (Ontario), a qualified person as such term is defined by National Instrument 43-101, has verified the Ontario data disclosed in this news release, and has otherwise reviewed and approved the technical information in this news release on behalf of Noble.

About Noble Mineral Exploration Inc.

Noble Mineral Exploration is a Canadian-based junior exploration company which, in addition to its shareholdings in Canada Nickel Company Inc., Spruce Ridge Resources Ltd., Go Metals 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 25,000 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 approximately 3,700 hectares in the Buckingham graphite property, approximately 10,152 hectares in the Havre St. Pierre nickel, copper, PGM property, approximately 518 hectares in the Laverlochere nickel, copper, PGM property and approximately 482 hectares in the Cere-Villebon nickel, copper, PGM property, all of which are in the province of Quebec.

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