MARKET WIRE NEWS

First Hole Completed in Timmins Area Diamond Drill Program

Source: TheNewsWire

(TheNewswire)

Toronto, Ontario – TheNewswire - January 19, 2026 – Noble MineralExploration Inc. (“Noble” orthe “Company”) (TSX-V:NOB, FRANKFURT: NB7, OTCQB:NLPXF) is pleased toannounce the results of the first hole drilled in Carnegie Townshipnear Timmins, Ontario, Canada.  The drill program is part of a 50/50partnership with Canada 11530313 Canada Inc. and will include two500-meter holes that have been located to follow up on drilling donein 2019.  Recent analysis of downhole geophysics from that programindicated that conductors may have been missed and additional downhole geophysics has been done on the new hole (Figure 1).  Heavysnowfall and extreme low temperatures have hampered the drilling butthe first hole is now complete, analyses received and down holesurveying done.

In drill hole CG-25-01, a 6.5m section analyzed 0.64%zinc with associated, anomalous values in copper, silver and lead from141.0 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 weaklylaminated sulphide rich graphitic sediment.  Mineralization consistedof about 5% pyrrhotite, with local concentrations of up to 10-15%. 

A Mise à la masse (MALM) survey was competed down holein the anomalous section.  Mise-a-la-Masse (MALM survey) is adownhole geophysical technique used in exploration and mining to mapconductive ore bodies by injecting current directly into them,revealing continuity and shape at surface.


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Figure 1: Mise à la masse (MALM) survey resultsprojected to surface.  Red to pink colours represent the conductivehorizon where anomalous zinc, copper, silver and lead values wereintersected in hole CG-25-01.

A surficial magnetometer survey was conducted on thesame grid as the MALM survey and detected a magnetic anomalycoincident with the MALM anomaly indicating that the zone is bothmagnetic and electromagnetic (Fig 2).  These properties will make iteasier to trace the zone on surface with traditional surfacegeophysical techniques.


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Figure 2: Surficial magnetic survey over the same zoneas the MALM survey.

Hole CG-25-02 is collared about 200m to the northwestto intersect the same zone at about 200-meter vertical depth.

An additional 1000m (2 holes) have been scheduled forSouthwest Carnegie Township.

The program is being carried out on lands recentlytransferred to Canada Nickel but on which Noble retains a 5-yearExploration Right for volcanogenic massive sulphide mineralization andprecious metals.

Vance White, President and CEO of Noble, said “We arevery pleased to get this program started with the support of ourpartners at 11530313 Canada Inc. The search for mineralization similarto the Kidd Creek Mine continues.”

The technical content of this release has been reviewedand approved by Wayne Holmstead, P.Geo., an independent QualifiedPerson as defined by National Instrument 43-101 – Standards ofDisclosure for Mineral Projects.

  

About Noble Mineral Exploration Inc.

Noble Mineral Exploration Inc. is a Canadian-basedjunior exploration company, which has holdings of securities in CanadaNickel Company Inc., Homeland Nickel Inc., East Timmins Nickel Inc.(20%), and its interest in the Holdsworth gold exploration property inthe area of Wawa, Ontario.

Noble holds mineral and/or exploration rights in~70,000ha in Northern Ontario and ~24,000ha elsewhere in Quebec uponwhich it plans to generate option/joint venture exploration programs.

Noble holds mineral rights and/or exploration rights in~18,000 hectares in the Timmins-Cochrane areas of Northern Ontarioknown as Project 81, ~2,215 hectares in Thomas Twp/Timmins, as well asan additional 20% interest in ~38,700 hectares in the Timmins areaheld by East Timmins Nickel. Project 81 hosts diversified drill-readygold, nickel-cobalt and base metal exploration targets at variousstages of exploration. Noble also holds ~4,600 hectares in theNagagami Carbonatite Complex and its ~3,200 hectares in the BoulderProject both near Hearst, Ontario.  ~3,700 hectares in the BuckinghamGraphite Property, ~10,152 hectares in the Havre St Pierre  Nickel,Copper, PGM property, and ~1,573 hectares in the Cere-Villebon Nickel,Copper, PGM property, ~569 hectare Uranium/Rare Earth property(Chateau), ~461 hectare Uranium/Molybdenum property (Taser North), ~4,465 hectares REE Mehmet Property, and the ~3300 hectare Gull LakeREE Property all of which are in the Province of Quebec and the ~ 647 hectareChapiteau REE property in Labrador.

. https://www.noblemineralexploration.com

 Noble’s common shares trade on the TSX VentureExchange under the symbol “NOB”.

 Cautionary Statement

 Neither TSX Venture Exchange nor its RegulationServices Provider (as that term is defined in the policies of the TSXVenture Exchange) accepts responsibility for the adequacy or accuracyof this release. No stock exchange, securities commission or otherregulatory authority has approved or disapproved the informationcontained herein.

The foregoing information may contain forward-lookingstatements relating to the future performance of Noble MineralExploration Inc. Forward-looking statements, specifically thoseconcerning future performance, are subject to certain risks anduncertainties, and actual results may differ materially from theCompany’s plans and expectations. These plans, expectations, risksand uncertainties are detailed herein and from time to time in thefilings made by the Company with the TSX Venture Exchange andsecurities regulators.  Noble Mineral Exploration Inc. does notassume any obligation to update or revise its forward-lookingstatements, whether as a result of new information, future events orotherwise.

 Contacts: H.Vance White, President

Phone:        416-214-2250

Fax:                416-367-1954

Email:        info@noblemineralexploration.com

Investor Relations: info@noblemineralexploration.com      

 

Copyright (c) 2026 TheNewswire - All rights reserved.

Noble Mineral Exploration Inc.

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