Noble Mineral – Exploration Update – Work Programs in Progress and Planned on Multiple Projects in Ontario and Quebec
TSX.V: NOB FWB: NB7 OTCQB: NLPXF
Noble Mineral – Exploration Update – Work Programs in Progress and
Planned on Multiple Projects in Ontario and Quebec
Toronto, Ontario – November 9, 2022 – Noble Mineral Exploration Inc. (“Noble” or the “Company”) (TSX-V:NOB,
FRANKFURT: NB7, OTCQB:NLPXF) is pleased to report on progress for a number of its active projects.
• Analyses from Calder drill project expected this week.
• Core logging and sampling complete on the Nagagami Niobium and Rare Earths Property.
• Airborne survey over the Boulder project has been completed, with initial results received.
• Airborne Survey planned for Island Pond Property, Newfoundland.
• Drill program planned on Buckingham Graphite property.
• Drill program planned on Cere Villebon Property.
Calder Township Drill Program
The Calder Township drill program has been completed. The targeted conductors were explained by semi massive to
massive sulphide in intermediate to mafic volcanic rocks. A total of two holes were drilled for a total of 865 meters.
Preliminary analyses are expected this week.
Additional drilling is planned and will be developed based on the results obtained from this exploration, as well as other
information.
Nagagami Carbonatite Niobium and Rare Earths Project, Ontario (14,000 hectares)
Drilling has been completed on the Company’s Nagagami Project near Hearst, Ontario. A total of 1 ,302 meters were
drilled in two holes. The target of the drilling was a magnetic low on the Nagagami Carbonatite Complex where on
comparable complexes, niobium and rare earth mineralization has been discovered and mined. An example of this is
the St Honore, (Niobec) Carbonatite Complex in Quebec.
The core has been logged, sampled and submitted to the lab. Ways are being investigated with the lab in order to
expedite results.
Additional drilling is planned with favourable results.
Figure 1: Drill Hole Location on the Nagagami Carbonatite Complex. Background is total field magnetics.
Figure 2: Exploration Manager, Wayne Holmstead observing core.
Figure 3: Example of core from Nagagami Carbonatite Complex.
Boulder Project Airborne Survey (4,500 hectares)
The airborne survey on the Boulder Project is completed and preliminary results have been received.
In 2019 Ontario Geological Survey analyzed a sample from the 140 kg boulder and determined that the boulder
contained: 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 primarily of the mineral cuprite. The purpose of the airborne survey is to detect conductive and
magnetic zones which could be the potential source of the boulder.
Figure 4: Airborne system used for the Boulder Airborne Survey.
Figure 5: Preliminary total field magnetics for Boulder Airborne Survey.
Island Pond Property, Central Newfoundland (14,400 ha)
The Company is planning to commence an airborne magnetic-electromagnetic survey, which it expects to be completed
in early 2023. The survey was delayed due to the availability of the contractor.
Buckingham Graphite Property, Quebec
Initial lab results have been received from a property visit earlier in the summer . A total of 13 grab samples were taken
from various locations on the property . Graphitic Carbon values varied from 13.84 to 86.52% . Some of the highest
values were from a section of the property that had not been previously drilled. Compilation of the data is continuing, and
a drill program is expected to begin in early 2023.
Figure 6: Lab certificate with Graphitic Carbon values for grab samples from Buckingham Graphite Property .
Figure 7: Noble technician using Beep Mat to discover new graphite mineralization.
Figure 8: New graphite mineralization found with Beep Mat.
Cere Villebon Property, Quebec
The Cere Villebon property consists of 15 claims (483 hectares). The property is road and power accessible, located only
4 kilometers east of Highway 117, the highway that connects Montreal to Val d’Or.