Mr. H. Vance White reports

NOBLE ANNOUNCES A DOWNHOLE ELECTROMAGNETIC SURVEY IS PLANNED FOR 2 DRILLHOLES IN THE RECENT TIMMINS AREA DIAMOND DRILL PROGRAM

Noble Mineral Exploration Inc. has contracted Abitibi Geophysics to conduct a downhole electromagnetics survey on two holes in the Carnegie township area near Timmins, Ont. The BHEM program is part of a 50/50 partnership with 11530313 Canada Inc. and will include surveying two holes that were recently drilled in follow-up of a drill program done in 2019.

The BHEM survey utilizes a single-loop configuration, where a large square transmitter loop measuring approximately 500 metres by 500 metres is laid out on surface. This loop generates a controlled electromagnetic field that penetrates the subsurface.

A total of two drill holes (CG-25-01 and 02) are being surveyed. Sensitive probes will be lowered down each borehole to measure the response of the surrounding rocks to the electromagnetic field.

This method is particularly effective at identifying off-hole conductive zones -- potential mineralized bodies that may not have been intersected directly by drilling -- thereby helping to refine future drill targets and improve exploration efficiency.

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. Conductive mineralization consisted of about 5 per cent pyrrhotite, with local concentrations of up to 10 to 15 per cent.

Analyses on drill hole CG-25-02 have confirmed the presence of a polymetallic mineralized system similar to and assumed to be the same mineralized section as the one described above. The results define a polymetallic mineralized system, highlighted by:

• Up to 37 parts per billion gold and 4.6 grams per tonne silver over 0.9 metre;
• 0.65 per cent zinc over 2.7 m (with a high of 1.0 per cent) and 0.13 per cent copper over 1.9 m;
• Elevated nickel (up to 212 parts per million) and cobalt (up to 189 ppm) (true width not known at this time).

The program is being carried out on lands recently transferred to Canada Nickel 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 is a Canadian-based junior exploration company, which has holdings of securities in Canada Nickel Company Inc., Homeland Nickel Inc. and East Timmins Nickel Inc. (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, and 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 uranium/rare earth property (Chateau), the approximately 461-hectare uranium/molybdenum property (Taser North), the approximately 4,465-hectare REE Mehmet property, the approximately 3,300-hectare Gull Lake REE property, and the approximately 1,232-hectare Opawica scandium and 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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