Noble Mineral Reveals Closing of 2nd Tranche of its Non-Brokered Private Positioning

  • The AirTEM air-borne study just recently finished on the NHSP Residential Or Commercial Property in the Havre St. Pierre area of Quebec has actually discovered an electro-magnetic abnormality around 800m x 700m in size. Comparable abnormalities on the Go Metals Corp residential or commercial property in the very same geological environment led to discovery of enormous sulphide mineralization with excellent grades of copper and nickel and raised platinum, palladium, cobalt and gold worths.

  • Ground Magnetometer, VLF-EM and Caused Polarization studies have actually been started on the Stone Task in preparation for an overburden drilling project in an effort to determine the source of an extremely mineralized stone discovered in the location.

NHSP Residential Or Commercial Property

Noble is pleased to report the conclusion of an AirTEM air-borne magnetic-electromagnetic study on 188 claims (10,152 hectares) of tactical ground in the area of Go Metals Corp, HSP Nickel Copper Platinum Group Task north of Havre St Pierre situated in Quebec. The study covers around 18 km of the overall 29 km of potential contact covered by the Noble claims. The contact of the Havre St Pierre Anorthositic Complex is near where Go Metals Corp reported the discovery of enormous sulphide mineralization with considerable grades of copper and nickel and raised platinum, palladium, cobalt and gold worths. (Go Metals News Release Dated September 13, 2022).

The Noble declares cover part of the Havre St. Pierre Anorthositic Complex, which consists of recognized nickel, copper and PGE mineralization. The claims cover magnetic functions comparable to Go Metal’s, HSP Nickel-Copper discovery. Nickel, Copper and Platinum Group mineralization tends to build up near the invasive contact that is recognized by a sharp contrast in between magnetic high and severe magnetic low (the anorthosite). The Noble declares cover around 29 km of potential contact. (Figure 1). The electro-magnetic study was done to determine extra potential targets for more examination.

The AirTEM study achieved success in recognizing an 800 meter long conductive zone related to a magnetic high within the margin of the anorthositic complex found on Noble claims. The EM abnormality was discovered to be related to the NE contact margin of a location.


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Figure 1: Noble Claims relative to Go Metals, HSP Claims on an overall field magnetic background.


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Figure 2: Noble Mineral s Airborne Study Grid


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Figure 3: Place of Conductors on Apparent Conductivity Background


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Figure 4: Place of Conductors on Electromagnetic field background

Future work will consist of examination of the air-borne study, ground follow-up that consists of trenching and diamond drilling of recognized targets. Ground follow-up and subsequent work will require to be postponed up until next Spring since of the beginning of winter season weather condition in the are.

Stone Task, Hearst Ontario

A sample of the metalliferous stone, gave the Timmins Mining District Regional Local Geologist in 2019 by a Mr. A. Cousineau, was sent for chemical analysis to Geolabs in Sudbury to develop its metal and mineralogical makeup. Geolabs identified that the stone included: 71.8% copper; 3.5% lead, 1.09% zinc; 252 g/T of silver, 3.79 g/T of gold; 4.43 g/T of palladium; and 2.22 g/T of platinum and consisted mainly of cuprite (van Hees et al., 2020). The kind of copper mineralization discovered in the stone is uncommon for copper mineralization discovered in the Superior Province of the Canadian Guard. The main mineral is cuprite, a soft, heavy, red oxide mineral (Cu2O) that is an essential ore of copper worldwide.

In 2021, Noble introduced an expedition program on the residential or commercial property in an effort to determine the source of the stone. Basal till samples gathered from 2 fence lines of hand auger holes, situated about 100 m and 1 km north of the stone area, produced 35 gold grains. These gold grains specified a southeast-northwest trending dispersion train that suggests they were carried southeast by the continental glacier from a source location situated to the northwest. The dispersion train appears to start near a northeast trending magnetic abnormality to the northwest of the residential or commercial property. The gold grains are primarily improved (24) however likewise consist of customized (7) and beautiful (4 ), supporting a regional source for the mineralization.

Work is continuing the Stone Task near Hearst, Ontario. An application has actually been produced an Ontario Junior Expedition Grant that might supply as much as $200,000 on a $400,000 program. The magnetometer, VLF-EM and Caused Polarization geophysical studies have actually started in preparation for overburden drilling in an effort to determine the source of an extremely mineralized stone discovered in the location.


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Figure 5: Stone job location with glacial ice motion instructions in Method Town and prospective targets (yellow stars).

Kidd2/Carnegie Task, Timmins Ontario

As formerly revealed, the drilling of the Kidd2/Carnegie job has actually been postponed up until December. The hold-up is brought on by an abnormally damp spring and summertime season making access to the drill websites extremely tough. Helicopter assistance was thought about; nevertheless, management identified that the extra cost was extreme and would much rather see the cash invested in the ground. The drill specialist has actually notified Noble that they would dedicate 2 drills to the program in order to finish the program in an expeditious way permitting the business to satisfy its timeline for the OJEP grant. The business’s partner concurred with this choice. (For information on the job see Noble News release dated July 18, 2023)

Recommendation: van Hees, E.H., P. Bousquet, J. Suma-Momoh, C.M. Daniels, S.L.K. Hinz, C. Boucher, P. Sword, L. Wang, S.P. Fudge, A. Millette and C. Patterson, 2020. Report of Activities 2019, Local Geologist Program, Timmins Regional Local Geologist Report: Timmins and Sault Ste. Marie Districts; Ontario Geological Study, Open File Report 6366, 160p.

Island Pond Residential Or Commercial Property, Newfoundland

Beneficial outcomes revealed on the Benton Resources, Great Burnt Home in the area of Noble’s Island Pond residential or commercial property. Benton News Release (Nov 1, 2023) “Benton Strikes Several High-Grade Copper Zones in First 2 Holes Consisting Of 8.31% Cu over 13m and Continues to Converge Copper-Rich Enormous Sulphides in Drilling at Great Burnt”

The Terrific Burnt Main Zone has an NI 43-101 certified resource prepared in 2022 for Spruce Ridge Resources Ltd. by P&E Mining Professionals Inc. of 667,000 Tonnes at 3.21% copper (shown) and 482,000 Tonnes at 2.35% copper (presumed), included within mining lease 211( 10210M). The Copper resource stays open up to the south and at depth. Emphasizes of the drill programs to date consist of:

  • GB20-05: 27.20 m of 8.06% Cu, consisting of 7.75 m of 16.88% Cu

  • GB20-20: 22.75 m of 6.89% Cu, consisting of 12.55 m of 10.59% Cu

  • GB18-05: 20.94 m of 6.21% Cu, consisting of 6.98 m of 10.71% Cu

  • GB18-06: 9.97 m of 7.45% Cu, consisting of 5.03 m of 11.42% Cu

  • GB16-08: 7.50 m of 9.45% Cu, consisting of 3.00 m of 19.30% Cu

  • GB16-09: 5.75 m of 6.68% Cu, consisting of 1.50 m of 11.70% Cu

Expedition at the South Pond Zone has actually recognized capacity for both copper and gold along numerous kilometers of strike. Emphasizes of the 2021 drill program consist of:

  • SP21-01: 1.69 g/t Au over 51.00 m, consisting of 3.19 g/t Au over 11.00 m, within 10 m of surface area

  • SP21-03: 2.36 g/t Au over 15.00 m, consisting of 11.33 g/t Au over 1.00 m

  • SP21-08: 1.75 g/t Au over 21.20 m, consisting of 2.82 g/t Au over 10.20 m

  • SP21-11: 1.34 g/t Au over 17.60 m, consisting of 2.48 g/t Au over 4.20 m

  • SP21-14: 2.06 g/t Au over 21.00 m

  • SP21-16: 1.72 g/t Au over 10.00 m

The conductive zone that hosts the above mineralization crosses the Noble Mineral s claims and has actually not been checked out by drilling to date. (Figure 6)

Note: Widths priced estimate hold true core length, real widths are approximated at around 70% of core lengths

Figure 6: Noble’s Island Pond Claims in relation to Benton’s Great Burnt and South Pond Claims

Historic expedition results divulged in this press release are non-compliant with the requirements of National Instrument 43-101.

Mitch Lavery, P.Geo (OGQ) a “certified individual” as such term is specified by National Instrument 43-101, has actually evaluated the Quebec information divulged in this press release, and has actually authorized the technical info in this press release on behalf of Noble.

Michael Newbury PEng (ON), a “certified individual” as such term is specified by National Instrument 43-101, has actually confirmed the Ontario information divulged in this press release, and has actually authorized the technical info in this press release on behalf of Noble.

About Noble Mineral Expedition Inc.:

Noble Mineral Expedition Inc. is a Canadian-based junior expedition business which, in addition to its shareholdings in Canada Nickel Business Inc., Spruce Ridge Resources Ltd., Go Metals Corp. and MacDonald Mines Expedition Ltd., and its interest in the Holdsworth gold expedition residential or commercial property in the location of Wawa, Ontario, will continue to hold ~ 25,000 hectares of mineral rights in the Timmins-Cochrane locations of Northern Ontario called Task 81, in addition to an extra ~ 11,000 hectares in the Timmins location and ~ 14,400 hectares of mining claims in Central Newfoundland. Task 81 hosts varied drill-ready gold, nickel-cobalt and base metal expedition targets at numerous phases of expedition. It will likewise hold its ~ 14,600 hectares in the Nagagami Carbonatite Complex and its ~ 4,600 hectares in the Stone Task both near Hearst, Ontario, in addition to ~ 3,700 hectares in the Buckingham Graphite Residential Or Commercial Property, ~ 10,152 hectares in the Havre St Pierre Nickel, Copper, PGM residential or commercial property, ~ 518 hectares in the Laverlochere Nickel, Copper, PGM residential or commercial property and ~ 482 hectares in the Cere-Villebon Nickel, Copper, PGM residential or commercial property, all of which remain in the province of Quebec. More comprehensive info is offered on the site at www.noblemineralexploration.com

Noble’s typical shares trade on the TSX Endeavor Exchange under the sign “NOB”.

Cautionary Declaration:

Neither TSX Endeavor Exchange nor its Guideline Solutions Supplier (as that term is specified in the policies of the TSX Endeavor Exchange) accepts duty for the adequacy or precision of this release. No stock market, securities commission or other regulative authority has actually authorized or disapproved the info included herein.

The foregoing info might consist of positive declarations connecting to the future efficiency of Noble Mineral Expedition Inc. Positive declarations, particularly those worrying future efficiency, go through specific threats and unpredictabilities, and real outcomes might vary materially from the Business’s strategies and expectations. These strategies, expectations, threats and unpredictabilities are detailed herein and from time to time in the filings made by the Business with the TSX Endeavor Exchange and securities regulators. Noble Mineral Expedition Inc. does not presume any responsibility to upgrade or modify its positive declarations, whether as an outcome of brand-new info, future occasions or otherwise.

Contacts:

H. Vance White, President

Phone: 416-214-2250

Fax: 416-367-1954

Email: [email protected]

Financier Relations: [email protected]

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