Could This Be the Next Kidd Creek? Noble Thinks It’s Worth Finding Out
Noble Announces a Downhole Electromagnetic Survey Planned for 2 Drillholes in the Recent Timmins Area Diamond Drill Program
Toronto, Ontario – March 23, 2026
Noble Mineral Exploration Inc. (“Noble” or the “Company”) (TSX-V: NOB, FRANKFURT: NB7, OTCQB: NLPXF) has contracted Abitibi Geophysics to conduct a downhole Electromagnetics (BHEM) survey on 2 holes in the Carnegie Township area near Timmins, Ontario. The BHEM program is part of a 50/50 partnership with Canada 11530313 Canada Inc. and will include surveying 2 holes that were recently drilled in follow up of a drill program done in 2019.
The BHEM survey utilizes a single-loop configuration, where a large square transmitter loop measuring approximately 500 metres by 500 metres is laid out on surface. This loop generates a controlled electromagnetic field that penetrates the subsurface.
A total of two drill holes (CG-25-01 and 02) are being surveyed. Sensitive probes will be lowered down each borehole to measure the response of the surrounding rocks to the electromagnetic field.
This method is particularly effective at identifying off-hole conductive zones—potential mineralized bodies that may not have been intersected directly by drilling—thereby helping to refine future drill targets and improve exploration efficiency.
Drill Hole Results
In drill hole CG-25-01, a 6.5m section analyzed 0.64% zinc with associated anomalous values in copper, silver, and lead from 141.0 to 147.5 meters down hole (true width not known at this time). A 1-meter section within the wider section was found to run 1.90% zinc. The anomalous mineralization was found to occur in a weakly laminated sulphide rich graphitic sediment. Conductive mineralization consisted of about 5% pyrrhotite, with local concentrations of up to 10–15%.
Analyses on drill hole CG-25-02 have confirmed the presence of a polymetallic mineralized system similar to and assumed to be the same mineralized section as described above. The results define a polymetallic mineralized system, highlighted by:
- Up to 37 ppb gold and 4.6 g/t silver over 0.9m
- 0.65% zinc over 2.7m (with a high of 1.0%) and 0.13% copper over 1.9m
- Elevated nickel (up to 212 ppm) and cobalt (up to 189 ppm)
- True width not known at this time
The program is being carried out on lands recently transferred to Canada Nickel but on which Noble retains a 5-year Exploration Right for volcanogenic massive sulphide mineralization and precious metals.
Management Commentary
— Vance White, President and CEO, Noble Mineral Exploration Inc.
The technical content of this release has been reviewed and approved by Wayne Holmstead, P.Geo., an independent Qualified Person as defined by National Instrument 43-101 – Standards of Disclosure for Mineral Projects.
About Noble Mineral Exploration Inc.
Noble Mineral Exploration Inc. is a Canadian-based junior exploration company, which has holdings of securities in Canada Nickel Company Inc., Homeland Nickel Inc., East Timmins Nickel Inc. (20%), and its interest in the Holdsworth gold exploration property in the area of Wawa, Ontario.
Noble holds mineral and/or exploration rights in approximately 70,000 ha in Northern Ontario and approximately 24,000 ha in Quebec upon which it plans to generate option/joint venture exploration programs. Project 81 hosts diversified drill-ready gold, nickel-cobalt and base metal exploration targets at various stages of exploration.
Noble’s common shares trade on the TSX Venture Exchange under the symbol “NOB.” For more information, visit www.noblemineralexploration.com
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Disclaimer: Past performance is not an indicator of future returns. NIA is not an investment advisor and does not provide investment advice. Always do your own research and make your own investment decisions. NIA is receiving compensation from NOB of US$50,000 cash for a six-month marketing contract and previously received US$50,000 cash for a six-month marketing contract which has since expired. This message is meant for informational and educational purposes only and does not provide investment advice.