Noble Mineral optionee drills 210 m of 0.26% Ni at Mann

Aug 23, 2023

2023-08-23 12:20 ET – News Release

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, CEO 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 eleven 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% interest in the property owned by Noble Minerals (see press release November 22, 2021). Drilling began at Mann Northwest, which has a target footprint of 6.0 km2, – compared to Crawford target footprint of 1.6 km2 (see Figure 1).

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 drillholes, assays for the other three drillholes are pending (Table 1)

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 g/t Pt+Pd. 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% Ni in peridotite and finished in 28.9 metres of 0.52g/t Pt+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% Ni over 291.5 metres. The hole ended in dunite at 402 metres only interrupted by diabase dykes near the bottom.

MAN23-04 drilled near the southern end of the target and intersected 301.5 metres of peridotite with 0.18% Ni, followed by 16 metres of 0.41 metres of Pt+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+Pd. 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, 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 P.Geo. (ON), VP Exploration of 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 Company Inc.

Vance White, President & CEO 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 Exploration Inc. 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, Ontario, will continue to hold ~20,000 hectares of mineral rights in the Timmins-Cochrane areas of Northern Ontario known as Project 81, as well as an additional ~11,000 hectares in the Timmins area and ~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 ~14,600 hectares in the Nagagami Carbonatite Complex and its ~4,600 hectares in the Boulder Project both near Hearst, Ontario, as well as its ~482 hectares in the Cere-Villebon Nickel, Copper, PGM property, its ~3,700 hectares in the Buckingham Graphite Property, its ~10,152 hectares in the Havre St Pierre Nickel, Copper, PGM property, its ~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 website at:

We seek Safe Harbor.

https://noblemineralexploration.com/