Exploration Update Dargavel GOLD Target Drilling Results
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TSX.V: NOB FWB: NB7 OTC.PK: NLPXF
PROJECT 81
EXPLORATION UPDATE
DARGAVEL GOLD TARGET DRILLING RESULTS
Toronto, Ontario – March 11, 2021 – Noble Mineral Exploration Inc. (“Noble” or the “Company”)
(TSX-V: NOB, FRANKFURT: NB7, OTC.PK: NLPXF ) is pleased to provide an update on the 2020
Diamond Drilling Campaign on Project 81- Dargavel Gold Trend (Figure 1, Figure 2). NOB completed
6 NQ size diamond drill hole totalling 1390.5m resulting in 822 core samples (Table 1) being sent to
Activation Laboratories Ltd (Actlabs) in Timmins, Ontario for Au, Ag, Pt, Pd and 32 element ICP
analysis. The late release of these results was all due to the late receipt of the final results from
Actlabs.
The objective of the drilling campaign was to duplicate and expand on gold, platinum and palladium
results published in historical drill hole (25013) drilled in the 1960 by CANICO and drill hole (K84-03)
drilled the 1980’s by Chevron Canada Resources Ltd. The 2020 program found anomalous Au values
but not with the same widths or grade as the historical. Uncertainty on the precise location of the
historical drilling may be at fault. However, the program established that the Dargavel Gold Trend
might be much larger and continuous than originally thought. (Tables 2 & 3).
Figure 1: Project 81 - Dargavel Gold Property
Location Map
Figure 2: Project 81- Dargavel Gold Property
Geology Map with Drill Hole Locations
Table 1: Noble's 2020 Diamond Drillhole Summary
3D geological modelling and 3D magnetic inversion studies have indicated that the mineralization to
the SE of drill holes DAR 20-01 to DAR 20-03 is very prospective and that the current drill holes need
to be deepened.
DAR 20 -01 returned 0.73g/t Au over 3.05m in a semi -massive sulphide, hosted by an altered
tuffaceous unit.
DAR 20-03 returned 0.64 g/t Au over 4.10m, including 1.45g/t Au over 1.5m in a brecciated tuffaceous
unit.
DAR 20-05 which returned 0.67g/t Au over 18.0m and a combined 3.65g/t Au+Pt+Pd over 1.5m in a
sulphide rich, altered mafic intrusive unit , and is a completely new discovery that targeted an
interpreted fold nose previously not tested. This discovery ties in the historical mineralization to the
NW to that in the SE.
DAR 20-06 which returned 0.52g/t Au over 19.8m, and 2.41g/t Au over 1.5m in a tuffaceous unit ended
in mineralization and NOB believes that this hole needs to be deepened. NOB also believes that this
was the top of a larger gold mineralized alteration zone.
Table 2: Assay Highlights from 2020 Drilling Program
DDH Assay (g/t) From (m) To (m) Interval (m)
DAR-20-01 0.73 Au 64.25 67.30 3.05
DAR-20-03 0.64 Au 83.40 87.50 4.10
DAR-20-04 0.34 Au 74.45 76.00 1.55
0.35 Au 139.00 140.50 1.50
DAR-20-05 0.67 Au 72.50 90.50 18.00
Including
2.84 Au 74.00 75.50 1.50
2.15 Au 84.50 86.00 1.50
AND 2.13 Au, 0.93
Pd and 0.58 Pt 155.00 156.50 1.50
DAR-20-06
2.41 Au 396.50 398.00 1.50
0.52 Au 415.20 435.00 19.80
Table 3. Noble's 2020 Twinned Drillholes Comparison
Noble's 2020 Drilling Historical 1980's Drilling
DDH Au
(g/t)
Interval
(meters) Dip Length
(m) DDH Au
(g/t)
Interval
(meters) Dip Length
(m)
DAR-20-01 0.73 3.05
(64.25-67.30) -50 109.5 25013 0.97 7.19
(59.86-67.06 m) -55 110.3
DAR-20-06
0.24 1.50
(79.50-810)
-50 435
K-84-3
7.1 2
(72-74m)
-45 218 1.05 0.90
(291.10-2920) 3.8 2.1
(319-321.1m)
0.52 19.80
(415.20 – 4350)
Drillhole Azimuth Dip Length (m) Easting Northing Elevation Samples Taken
DAR-20-01 215 -50 109.5 461317.0 5429472.0 268 63
DAR-20-02 215 -50 129 461274.0 5429497.0 267 73
DAR-20-03 220 -50 108 461370.0 5429434.0 270 53
DAR-20-04 160 -50 276 463404.0 5427276.0 271 159
DAR-20-05a 180 -60 48 463463.0 5427242.0 270 0
DAR-20-05 180 -60 285 463464.4 5427244.0 270 176
DAR-20-06 235 -50 435 466252.4 5424552.8 260 298
Sections DAR 20-01, DAR 20-03
Sections DAR 20-05, DAR 20-06
Graphic Logs DAR 20-01, DAR 20-03
Graphic Logs DAR 20-05, DAR 20-06
Randy S C Singh PGeo (ON), PEng (ON), VP Exploration & Project Development of Noble and a
"qualified person" as such term is defined by National Instrument 43 -101, has verified the technical
data disclosed in this news release on behalf of Noble Mineral Exploration Inc.
About Noble Mineral Exploration Inc.:
Noble Mineral Exploration Inc. 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 i ts interest in the Holdsworth gold exploration property in the area of
Wawa, Ontario, holds approximately 72,000 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. More detailed information
is available on the website at www.noblemineralexploration.com .
Noble’s common shares trade on the TSX Venture Exchange under the symbol “NOB”.
Cautionary Statement:
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in
the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy
of this release. No stock exchange, securities commission or other regulatory authority has approved
or disapproved the information contained herein.
The foregoing information may contain forward-looking statements relating to the future performance
of Noble Mineral Exploration Inc. Forward- looking statements, specifically those concerning future
performance, are subject to certain risks and uncertainties, and actual results may differ materially
from the Company’s plans and expectations. These plans, expectations, risks and uncertainties are
detailed herein and from time t o time in the filings made by the Company with the TSX Venture
Exchange and securities regulators. Noble Mineral Exploration Inc. does not assume any obligation
to update or revise its forward- looking statements, whether as a result of new information, fu ture
events or otherwise.
Contacts:
H. Vance White, President
Phone: 416-214-2250
Fax: 416-367-1954
Email: [email protected]
Investor Relations
Email: [email protected]