Noble Mineral drills 6.5 m of 0.64% Zn in Ontario

Executive Summary

• First hole of the Timmins‑area diamond drill program (hole CG‑25‑01) completed, intersecting a 6.5 m interval with 0.64 % Zn and a 1 m sub‑interval grading 1.90 % Zn, accompanied by anomalous Cu, Ag, Pb and pyrrhotite.
• Downhole MALM and surface magnetometer surveys identified coincident electromagnetic and magnetic anomalies, confirming the continuity of the conductive sulphide zone.
• A second hole (CG‑25‑02) has been collared to intersect the same target at greater depth; an additional 1,000 m (two holes) are scheduled for the southwest portion of Carnegie Township.

Key Details

• Hole CG‑25‑01: 6.5 m interval from 141.0–147.5 m downhole containing 0.64 % Zn; within this, a 1 m section grades 1.90 % Zn. Mineralization occurs in weakly laminated, sulphide‑rich graphitic sediment with ~5 % pyrrhotite (local peaks of 10–15 %).
• Geophysical Work: Downhole MALM survey completed on the anomalous interval; surface magnetometer survey over the same grid detected a magnetic anomaly coincident with the MALM response, indicating both electromagnetic and magnetic properties.
• Hole CG‑25‑02: Collared ~200 m northwest of CG‑25‑01 to intersect the same zone at approximately 200 m vertical depth.
• Future Drilling: Additional two holes (≈1,000 m total) planned for southwestern Carnegie Township to further test the target.
• Partnership Structure: Program conducted under a 50/50 joint venture with 11530313 Canada Inc.; lands recently transferred to Canada Nickel Company Inc., but Noble retains a five‑year exploration right for VMS and precious metals.
• 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 reviewed and 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.