Noble Mineral JV drills 291 m of 0.293% Ni at Crawford

Mar 5, 2019

2019-03-04 09:29 ET – News Release

Mr. Vance White reports

PROJECT 81 EXPLORATION UPDATE, JV PARTNER ANNOUNCES A SIGNIFICANT NICKEL, COBALT, PGE DISCOVERY

Noble Mineral Exploration Inc.’s option and joint venture partner Spruce Ridge Resources Ltd. has released the results of its 2018 diamond drill program on the Crawford ultramafic complex. (The attached table was taken directly from the Spruce Ridge Resources news release of March 1, 2019.)

                  CRAWFORD NICKEL PROJECT -- 2018 DIAMOND DRILLING RESULTS       
                          
DDH ID          From        To        Core length        Ni       Co       Pt       Pd       Au 
                  (m)       (m)                (m)       (%)    (ppm)    (g/t)    (g/t)    (g/t)

Summary of intervals passing 0.25% Ni cut-off                                            
CR18-01       234.00    525.00             291.00     0.293      118    0.011    0.020    0.002  
Includes      238.50    393.00             154.50     0.320      120    0.012    0.029    0.001  
Includes      238.50    283.50              45.00     0.384      144    0.019    0.061    0.001  
CR18-03       475.50   606 EOH             130.50     0.299      140    0.028    0.055    0.006  
Includes      492.00    547.50              55.50     0.324      139    0.028    0.096    0.005  
Includes      492.00    516.00              24.00     0.333      140    0.060    0.201    0.011  
CR18-04       205.50   402 EOH             196.50     0.332      135    0.010    0.027    0.002  
Includes      208.50    285.00              76.50     0.358      156    0.017    0.041    0.001  
Includes      208.50    220.50              12.00     0.532      220    0.030    0.070    0.001  
Summary of intervals passing 0.20% Ni cut-off                                         
CR18-01    36.00 EOC   594 EOH             558.00     0.261      127    0.010    0.016    0.002  
CR18-02    24.00 EOC    175.50             151.50     0.224      126    0.005    0.005    0.001  
CR18-02       175.50   216 EOH              40.50     Dunite less than 0.20% Ni        
CR18-03    51.00 EOC    288.00             237.00     Mafic volcanic and marginal zone 
CR18-03       288.00   606 EOH             318.00     0.248      126    0.019    0.028    0.003  
CR18-04    42.00 EOC     72.40              30.40     Mafic volcanic                   
CR18-04        72.40    193.50             121.10     Dunite less than 0.20% Ni        
CR18-04       193.50   402 EOH             208.50     0.324      135    0.018    0.028    0.003  
Selected intervals with elevated PGEs                                                   
CR18-03       492.00    493.50                1.5     0.285      140    0.219    0.567    0.004  
CR18-03       507.00    511.50               4.50     0.339      140    0.059    0.498    0.048  
CR18-04       165.00    166.50               1.50     0.182      120    0.069    0.570    0.006  
Dumont deposit average grade for comparison            0.27      107    0.009    0.020      N/A

Noted: "EOC" refers to end of casing; "EOH" refers to end of hole. The lengths reported are 
core lengths and not true widths. The company has insufficient information to determine the 
attitude, either of the ultramafic body or of mineralized zones within it. True widths will 
be less than the core lengths by unknown factors.

The 2018 drilling program by Spruce Ridge and its joint venture partner, a group of private investors, was focused on the Crawford ultramafic complex, a 3.5-kilometre-long body of peridotite, dunite and their serpentinized equivalents. The target was defined by a helicopter-borne magnetic and electromagnetic survey and an airborne gravity survey, both conducted over of the entire project area of 100 square kilometres. An artificial intelligence (AI) review of data, provided by Albert Mining Inc., also identified the area as being prospective for nickel.

Vance White, president and chief executive officer of Noble, is quoted as saying: “We are very pleased with the results that Spruce has returned and, in particular, the core lengths containing consistent mineralization on this massive anomaly located with easy access from Highway 655. We look very much forward to Spruce continuing their program as we continue to bring in additional option and JV Partners to our extensive 79,000-hectare landholdings.”

Randy S.C. Singh, PGeo (Ontario), PEng (Ontario), vice-president, exploration and project development, of Noble and a qualified person as such term 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 Noble Mineral Exploration.

About Noble Mineral Exploration Inc.

Noble Mineral Exploration is a Canadian-based junior exploration company that, in addition to its shareholdings in Spruce Ridge Resources and MacDonald Mines Exploration Ltd. as well as its interest in the Holdsworth gold exploration property in the area of Wawa, Ont., holds in excess of 79,000 hectares of mineral rights in the Timmins-Cochrane areas of Northern Ontario known as Project 81. Project 81 hosts diversified drill-ready gold, nickel-cobalt and base metal exploration targets at various stages of exploration.

We seek Safe Harbor.

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