Noble announces a Downhole Electromagnetic Survey is planned for 2 drillholes in the recent Timmins Area Diamond Drill Program

Executive Summary

• Noble Mineral Exploration contracted Abitibi Geophysics to run a downhole electromagnetic (BHEM) survey on two drill holes (CG‑25‑01 and CG‑25‑02) in the Carnegie Township area, part of its 50/50 partnership with Canada 11530313 Canada Inc.
• Assay results from the surveyed holes reveal significant polymetallic mineralization, including up to 1.90% Zn, 0.65% Zn over 2.7 m (max 1.0%), 0.13% Cu, up to 37 ppb Au, 4.6 g/t Ag, and elevated Ni (212 ppm) and Co (189 ppm).
• The BHEM survey is intended to identify off‑hole conductive zones that could guide future drilling, enhancing exploration efficiency for potential volcanogenic massive sulphide (VMS) targets similar to the Kidd Creek Mine.

Key Details

• Survey Contractor: Abitibi Geophysics – downhole electromagnetic (BHEM) survey on two holes.
• Survey Methodology: Single‑loop surface transmitter (~500 m × 500 m) with sensitive probes lowered into each borehole to detect conductive zones.
• Drill Hole CG‑25‑01 Results:
• 6.5 m interval containing 0.64% Zn (141.0–147.5 m).
• Within that, a 1 m section with 1.90% Zn.
• Conductive mineralization includes ~5% pyrrhotite (local peaks 10‑15%).
• Drill Hole CG‑25‑02 Results:
• Up to 37 ppb Au and 4.6 g/t Ag over 0.9 m.
• 0.65% Zn over 2.7 m (max 1.0%).
• 0.13% Cu over 1.9 m.
• Elevated Ni (212 ppm) and Co (189 ppm).
• Exploration Rights: Land recently transferred to Canada Nickel; Noble retains a 5‑year exploration right for VMS mineralization and precious metals.
• Partnership Structure: 50/50 joint venture with Canada 11530313 Canada Inc.; program supports ongoing follow‑up of the 2019 drill campaign.
• Management Comment: “We are very pleased to get this program started with the support of our partners… The search for mineralization similar to the Kidd Creek Mine continues.” – Vance White, President & CEO.
• Qualified Person Review: Technical content approved by Wayne Holmstead, P.Geo., independent QP per NI 43‑101.

Notable Quotes

“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.” – Vance White, President & CEO, Noble Mineral Exploration Inc.