Noble Mineral moves drill, crew to Dargavel/Aubin

Jan 6, 2022

2022-01-06 09:45 ET – News Release

Mr. Vance White reports

EXPLORATION UPDATE NOBLE MOBILIZES DRILL TO DARGAVEL/AUBIN TOWNSHIPS TO VERIFY HISTORIC GOLD VALUES

Noble Mineral Exploration Inc. has begun mobilizing a drill and crew on its Dargavel/Aubin property. The drill program is designed to test historic gold values intersected by Inco in the 1960’s (Aubin Twp) and Chevron in the 1980’s (Dargavel Twp). A minimum of 2,000 meters is planned. The Dargavel/Aubin Property is owned 100% by Noble subject to a 50/50 Option /JV with a private investor and to a 2% Net Smelter Royalty held by Franco Nevada.

Of the many targets available, two have been chosen that appear to hold the highest potential.

Target 1 in Dargavel Township (Figure 1) is planned to test the area where past drilling by Chevron (1984) and Noble (2020) intersected the following values:

7.9 g/t gold over 2.0m within 2.6 g/t gold over 7.9m * (Chevron 85-4, Figure 2)
Follow-up drilling by Noble intersected 0.44 g/t gold over 38.5m * (Noble DAR-20-06, Figure 2)

The Noble drill hole ended in mineralization and will be extended in order to define the true extent of the mineralization. Additional drilling will be done to test geophysical anomalies along strike for approximately 5.5 km.

Target 2 will test a drill hole drilled by Inco (1960’s) that intersected:

9.25 g/t gold over 0.3m plus
0.51 g/t gold over 10.7m and
1.24 g/t gold over 6.5m * (Inco Hole 27089, Figure 2)

The current drill program will test a small proportion of targets identified by Noble. Figure 2 shows historic and Noble drill holes that have shown indications of gold mineralization

Vance White, President and CEO of Noble, said” We are excited to continue the exploration on the Dargavel Township Property. Previous work carried out by Noble on the property detected gold mineralization in the five out of six holes drilled. What was not defined by the last program was the strike length of the zone or the width of the zone. The present program of geophysics and diamond drilling will help to define these unknowns.”

Michael Newbury, PEng (Ont.), 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.

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. 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 40,000 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 44,000 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 recently acquired Nagagami carbonatite complex near Hearst, Ont., as well as the Buckingham graphite property, the Laverlochere nickel, copper and PGM (platinum group metals) property, and the Cere-Villebon nickel, copper and PGM property, all of which are in the province of Quebec.

We seek Safe Harbor.

https://noblemineralexploration.com/