Mr. H. Vance White reports

FIRST HOLE COMPLETED IN TIMMINS AREA DIAMOND DRILL PROGRAM

Noble Mineral Exploration Inc. has released the results of the first hole drilled in Carnegie township near Timmins, Ont., Canada. The drill program is part of a 50/50 partnership with 11530313 Canada Inc. and will include two 500-metre holes that have been located to follow up on drilling done in 2019. Recent analysis of downhole geophysics from that program indicated that conductors may have been missed and additional downhole geophysics has been done on the new hole. Heavy snowfall and extreme low temperatures have hampered the drilling but the first hole is now complete, analyses have been received and downhole surveying has been done.

In drill hole CG-25-01, a 6.5-metre section analyzed 0.64 per cent zinc with associated, anomalous values in copper, silver and lead from 141.0 to 147.5 metres downhole (true width not known at this time). A one-metre section within the wider section was found to run 1.90 per cent zinc. The anomalous mineralization was found to occur in a weakly laminated, sulphide-rich graphitic sediment. Mineralization consisted of about 5 per cent pyrrhotite, with local concentrations of up to 10 to 15 per cent.

A mise a la masse (MALM) survey was competed downhole in the anomalous section. MALM is a downhole geophysical technique used in exploration and mining to map conductive orebodies by injecting current directly into them, revealing continuity and shape at surface.

A surficial magnetometer survey was conducted on the same grid as the MALM survey and detected a magnetic anomaly coincident with the MALM anomaly, indicating that the zone is both magnetic and electromagnetic. These properties will make it easier to trace the zone on surface with traditional surface geophysical techniques.

Hole CG-25-02 is collared about 200 metres to the northwest to intersect the same zone at about 200-metre vertical depth.

An additional 1,000 metres (two holes) have been scheduled for southwestern Carnegie township.

The program is being carried out on lands recently transferred to Canada Nickel Company Inc. but on which Noble retains a five-year exploration right for volcanogenic massive sulphide mineralization and precious metals.

Vance White, president and chief executive officer of Noble, said: "We are very pleased to get this program started with the support of our partners at 11530313 Canada Inc. The search for mineralization similar to the Kidd Creek mine continues."

The technical content of this release has been reviewed and approved by Wayne Holmstead, PGeo, an independent qualified person as defined by National Instrument 43-101, Standards of Disclosure for Mineral Projects.

About Noble Mineral Exploration Inc.

Noble Mineral Exploration is a Canadian-based junior exploration company, which has holdings of securities in Canada Nickel Company, Homeland Nickel Inc., East Timmins Nickel Inc. and (20 per cent) and its interest in the Holdsworth gold exploration property in the area of Wawa, Ont.

Noble holds mineral and/or exploration rights in approximately 70,000 hectares in Northern Ontario and approximately 24,000 hectares elsewhere in Quebec, upon which it plans to generate option/joint venture exploration programs.

Noble holds mineral rights and/or exploration rights in approximately 18,000 hectares in the Timmins-Cochrane areas of Northern Ontario known as Project 81, approximately 2,215 hectares in Thomas township/Timmins as well as an additional 20-per-cent interest in approximately 38,700 hectares in the Timmins area held by East Timmins Nickel. Project 81 hosts diversified drill-ready gold, nickel-cobalt and base metal exploration targets at various stages of exploration. Noble also holds approximately 4,600 hectares in the Nagagami carbonatite complex and its approximately 3,200 hectares in the Boulder project, both near Hearst, Ont.; approximately 3,700 hectares in the Buckingham graphite property; approximately 10,152 hectares in the Havre St. Pierre nickel/copper/platinum group metal property; approximately 1,573 hectares in the Cere-Villebon nickel/copper/PGM property; the approximately 569-hectare Chateau uranium/rare earth property; the approximately 461-hectare Taser North uranium/molybdenum property; the approximately 4,465-hectares Mehmet rare earth element property; and the approximately 3,300-hectare Gull Lake REE property, all of which are in the province of Quebec, and the approximately 647-hectare Chapiteau REE property in Labrador.

Noble's common shares trade on the TSX Venture Exchange under the symbol NOB.

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