Noble Reports Updates on Homeland Nickel
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TSX.V: NOB FWB: NB7 OTCQB: NLPXF
Noble Reports Updates on Homeland Nickel
TORONTO, August 18, 2025 – Noble Mineral Exploration Inc. ("Noble" or the "Company")
(TSXV: NOB) (OTCQB: NLPXF) is pleased to report that the News Release issued today giving
an Exploration and Corporate Update for Homeland Nickel in which Noble has a significant
shareholding was issued today the contents of which are below. This all relates to the White House
announcing immediate measures to be introduced to significantly increase the US production of
lithium, nickel, copper, and rare earths, with an eye to increased production, the creation of jobs
and, significantly, the reduction of US reliance on foreign nations.
“Homeland Nickel Exploration Update at Red Flat and Property Acquisition”
Toronto, Ontario – August 18, 2025 – Homeland Nickel Inc. (“Homeland Nickel ” or the
“Company”) (TSX-V: SHL, OTC: SRCGF) is pleased to announce it has received a Surface Use
Determination (SUD) from the Forest Service regarding its proposed Plan of Operation to drill 44
sonic holes at its 100% wholly owned Red Flat Nickel Laterite Project (“Red Flat”), located in
Southern Oregon, 12 kilometres inland from the community of Gold Beach. The Company has
also staked several mining claims over known nickel laterite at Woodcock Mountain.
Red Flat Exploration Update
The SUD completed by the Forest Service has approved all 44 sonic holes subject to certain
conditions that the Company finds reasonable, including moving the location of one hole by 30
feet and a request for independent sampling to confirm Homeland Nickel’s drill program results.
The next step will be to visit with the Forest Service Ranger based in Gold Beach (tentatively
scheduled for early September) and to complete a National Environmental Policy Act (NEPA)
review that will address the Company’s plans to drill to bedrock where its depth is less than 50
feet below surface.
Commenting on the approval, President and CEO Steve Balch said, “The Forest Service has
approved our drill program subject to a NEPA evaluation. While we are very pleased with this
result, we are unsure of the timeline for the NEPA evaluation but are hoping to complete the drill
program in the early fall of 2025, if such an evaluation can be expedited”.
New Mining Claims at Woodcock Mountain
Homeland Nickel has also staked several mining claims at Woodcock Mountain (196 mining
claims totaling 4,050 acres), an area previously identified by the United States Geological Survey
(USGS) as having significant concentrations of nickel laterite. Woodco ck Mountain is located
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within the same geological formation as Cleopatra, Red Flat, and Eight Dollar Mountain (“Eight
Dollar”), and is located 7 km west of Cave Junction, approximately 12 km south of Eight Dollar.
Commenting on the staking, Mr. Balch continued, “With Woodcock Mountain, we now have four
large properties to explore, all with significant nickel laterite exposures. Woodcock Mountain has
several historical assays over 1.0% nickel, including a 15- foot interval that graded 1.5% nickel.
Both Eight Dollar and Woodcock Mountain are located outside the withdraw area in Southern
Oregon and should be easier to permit. We will push our exploration efforts on all four properties
with the goal of defining resources as expeditiously as possible”.
Figure 1: Plan map showing the location of Homeland Nickel’s four nickel laterite properties (coordinates in WGS 84 / UTM Zone 10N) close to
the communities of Gold Beach and Grants Pass.
Qualified Person
Stephen J. Balch (BSc., P.Geo. #2250 – Ontario), President and CEO of Homeland Nickel and a
"Qualified Person" within the meaning of NI 43 -101, has verified the data disclosed in this news
release, and has otherwise reviewed and approved its technical content on behalf of the Company.
About Homeland Nickel
Homeland Nickel is a Canadian -based mineral exploration company focused on critical metal
resources with nickel projects in Oregon, United States and copper and gold projects in
Newfoundland, Canada. The Company holds a significant portfolio of mining securities including
1.995 million shares of Canada Nickel Company Inc. (TSX -V: CNC), 9.960 million shares of
Noble Mineral Exploration Inc. (TSX -V: NOB), 11.522 million shares of Benton Resources Inc.
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(TSX-V: BEX), 81,150 shares of Vinland Lithium Inc. (TSX -V: VLD) and 2.761 million shares
of Magna Terra Minerals Inc. (TSX -V: MTT). Homeland Nickel ’s common shares trade on the
TSX Venture Exchange under the symbol “SHL”. More detailed information can be found on the
Company’s website at:
http://www.homelandnickel.com
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
news release. No stock exchange, securities commission or other regulatory authority has approved
or disapproved the information contained herein.
This news release contains statements that constitute “forward -looking statements”. Forward-
looking statements are statements that are not historical facts and include, but are not limited to,
disclosure regarding possible events, that are based on assumpt ions and courses of action, and in
certain cases, can be identified by the words “expects”, “plans”, “anticipates”, “believes”,
“intends”, “estimates”, “projects”, “potential” and similar expressions, or that events or conditions
“will”, “would”, “may”, “could” or “should” occur, or the negative forms of any of these words
and other similar expressions. Forward- looking statements include statements related to future
plans for the Company, and other forward- looking information. Forward -looking statements are
based on various assumptions including with respect to the anticipated actions of securities
regulators, stock exchanges, and government entities, management plans and timelines, as well as
results of operations, performance, business prospects and opport unities. Although the forward-
looking statements contained in this news release are based upon what the management of the
Company believes are reasonable assumptions on the date of this news release, such assumptions
may prove to be incorrect. Forward- looking statements involve known and unknown risks and
uncertainties, they should not be read as guarantees of future performance or results, and they will
not necessarily be accurate indications of whether such results will be achieved. A number of
factors co uld cause actual results, performance or achievements to differ materially from the
results discussed in the forward -looking statements, including, but not limited to: an inability to
develop and successfully implement exploration strategies; general business, economic,
competitive, political and social uncertainties; the lack of available capital; impact of the evolving
situation in Ukraine on the business of the Company; and other risks detailed from time-to-time in
the Company’s ongoing filings with securities regulatory authorities, which filings can be found
at www.sedarplus.ca. The Company cannot assure readers that actual results will be consistent
with these forward -looking statements. Readers are cautioned not to place undue reliance on
forward-looking statements in this press release. These forward-looking statements are made as of
the date of this news release and the Company disclaims any intent or obligation to update any
forward-looking statement, whether because of new information, future events or otherwise, unless
otherwise required by law.
Contact
Stephen Balch, President & CEO
Phone: 905-407-9586
Email: [email protected]
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About Noble Mineral Exploration Inc.
Noble Mineral Exploration Inc. is a Canadian-based junior exploration company which, in addition
to its holdings of securities in Canada Nickel Company Inc., Homeland Nickel Inc., East Timmins
Nickel, and its interest in the Holdsworth gold exploration property in the area of Wawa, Ontario,
will continue to hold ~2,215 hectares in Thomas Twp in the Timmins area and ~175 hectares of
mining claims in Central Newfoundland. It will also hold its ~4,845 hectares in the Nagagami
Carbonatite Complex and its ~4,600 hectares in the Boulder Project both near Hearst, Ontario, as
well as ~3,700 hectares in the Buckingham Graphite Property, ~10,152 hectares in the Havre St
Pierre Nickel, Copper, PGM property, ~482 hectares in the Cere-Villebon Nickel, Copper, PGM
property, all of which are in the province of Quebec, ~569 hectares in the Chateau (Uranium, Rare
Earths, Phosphorus, Silver) Property in Kitivik, northern Quebec , and the ~461 hectare Taser
Uranium-Molybdenum property in northern Quebec . Noble’s common shares trade on the TSX
Venture Exchange under the symbol “NOB”.
More detailed information on Noble is available on the website at
www.noblemineralexploration.com.
Cautionary Statement Concerning Forward-Looking Statements
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 to time in the filings made by the Company
with the TSX Venture Exchange and securi ties 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, future events or otherwise.
Contacts:
H. Vance White, President
Phone: 416-214-2250
Fax: 416-367-1954
Email: [email protected]
Investor Relations
Email: [email protected]