Noble Reports on Canada Nickel's Continued Exploration Success at MacDiarmid, Provides Exploration Update
(TheNewswire)
Highlights
Five holes testing central region at MacDiarmid yieldedmuti-hundred metre intervals including 0.25% nickel over 363 metres inhole MAC 25-09.
New exploration phase to commence July 14 atMidlothian
TORONTO – TheNewswire - July 8, 2025 – Noble Mineral ExplorationInc. ("Noble" or the"Company") 
NOB (OTCQB: NLPXF) is pleased to announce
additional drilling results from the MacDiarmid Project as announced
by Canada Nickel Company Inc. (“Canada Nickel”)
CNC (OTCQX: CNIKF) operating in the Timmins area of Northern Ontario.
Noble CEO Vance White said, “We congratulate CanadaNickel on the work completed and the additional drilling results onthe MacDiarmid Twp Project. It is important to note that Nobleretains NSR rights, including a 2% NSR on claims in this project thatwere acquired by Canada Nickel from Noble, subject to a 50% buybackfor $5mm held by Canada Nickel.”
As announced today by Canada Nickel, its new drilling program has successfully identified furthermineralization extending over a strike length of approximately 2,200metres and a width of about 400 metres. These results build on theinitial work completed in the eastern portion of the property in2021.
Canada Nickel’s CEO, Mark Selby, said, “Ourregional exploration program continues to reinforce the strongpotential of the Timmins Nickel District andmark a positive step forward following our earlier drilling atMacDiarmid. With our recently completedfinancing, we are set to resume drilling at our Midlothian propertythe week of July 14th. That same week, we anticipate publishinginitial resources for our Mann Central and Texmont properties, addingour fourth and fifth resources in the district. By year-end, we expectto publish three additional resource estimates, bringing the total tonine – including Crawford – and further demonstrating theremarkable scale and opportunity within the Timmins NickelDistrict.”
MacDiarmid Property
The MacDiarmid property is located 23 kilometressouthwest of Crawford, 27 kilometres northwest of Timmins. Theproperty hosts an arcuate ultramafic body that measures at least 3kilometres in length and up to 600 metres in width (covering 1.1 square kilometres or similar in size to theCrawford Main Zone target).
Drilling in the winter of 2025 focused on the centralportion of the target, testing the width and length extension from theboundaries outlined in earlier exploration campaigns during 2021 and2022. The drilling intersected predominantly long sections ofserpentinized dunite and minor peridotite with disseminated nickelsulphide mineralization consisting primarily of pentlandite andheazlewoodite. Canada Nickel has drilled a total of 12 holes atMacDiarmid, seven of which were drilled during the 2025 campaign(Figure 1). One hole, MAC25-06 targeted an EM (electromagnetic)anomaly located 800 metres north, outside of the main ultramafic body.The drillhole intersected layered metasedimentary units that in somecases contained angular clasts with varying degrees of sulphidemineralization in them but did not yield any meaningful results.MAC25-10, drilled near an interpreted fault, intersecting at depth, asection of felsic volcanics with strong sulphide mineralization. Thefault and EM anomalies remain of interest to Canada Nickel and afollow up program will be planned for fall 2025. Assay highlights fromall the 2025 drillholes are presented in this release (Table1).
Figure 1. – MacDiarmid – CNCDrillholes Over Total Magnetic Intensity
Click Image To View Full Size
Table 1 – MacDiarmid drillinghighlights
Hole ID | From (m) | To (m) | Length (m)* | Ni % | Co % | Pd g/t | Pt g/t | Cr % | Fe % | S % |
MAC25-07 | 31.8 | 230.0 | 198.2 | 0.26 | 0.01 | 0.003 | 0.004 | 0.405 | 5.71 | 0.02 |
and | 239.4 | 414.6 | 175.2 | 0.25 | 0.01 | 0.005 | 0.004 | 0.458 | 6.56 | 0.02 |
including | 396.0 | 414.6 | 18.6 | 0.30 | 0.01 | 0.015 | 0.011 | 0.317 | 5.88 | 0.05 |
MAC25-08 | 36.0 | 50.2 | 14.2 | 0.26 | 0.01 | 0.003 | 0.003 | 0.279 | 5.89 | 0.05 |
and | 93.7 | 112.9 | 19.2 | 0.25 | 0.01 | 0.003 | 0.003 | 0.183 | 5.73 | 0.06 |
and | 127.3 | 359.3 | 232 | 0.26 | 0.01 | 0.003 | 0.003 | 0.399 | 6.22 | 0.01 |
and | 401.1 | 413.6 | 12.5 | 0.24 | 0.01 | 0.003 | 0.003 | 0.382 | 5.00 | 0.01 |
MAC25-09 | 42.0 | 405.0 | 363 | 0.25 | 0.01 | 0.007 | 0.004 | 5.39 | 5.64 | 0.02 |
MAC25-10 | 42.0 | 81.8 | 39.8 | 0.23 | 0.01 | 0.003 | 0.003 | 0.588 | 6.18 | 0.05 |
and | 94.1 | 251.9 | 157.8 | 0.22 | 0.01 | 0.003 | 0.003 | 0.557 | 6.35 | 0.03 |
and | 340.3 | 402.0 | 61.7 | 0.01 | 0.01 | 0.003 | 0.003 | 0.012 | 8.05 | 3.60 |
MAC25-11 | 70.0 | 324.0 | 254 | 0.27 | 0.01 | 0.003 | 0.003 | 0.339 | 5.42 | 0.01 |
MAC25-12 | 47.6 | 340.5 | 292.9 | 0.13 | 0.01 | 0.014 | 0.013 | 0.376 | 8.04 | 0.06 |
*True width undetermined. All lengths are drillholelengths.
Table 2: Drillhole Orientation
Hole ID | Easting (mE) | Northing (mN) | Azimuth (⁰) | Dip (⁰) | Length (m) |
MACDIARMID | |||||
MAC25-06 | 458148 | 5391664 | 205 | -60 | 379 |
MAC25-07 | 457950 | 5390700 | 45 | -60 | 415 |
MAC25-08 | 458075 | 5390575 | 45 | -60 | 414 |
MAC25-09 | 458215 | 5390460 | 45 | -60 | 405 |
MAC25-10 | 457736 | 5390762 | 45 | -60 | 402 |
MAC25-11 | 458816 | 5390635 | 165 | -50 | 321 |
MAC25-12 | 457896 | 5390914 | 30 | -50 | 441 |
Statement Regarding TSXVenture
Neither TSX Venture Exchange nor its Regulation Services Provider (asthat term is defined in policies of the TSX Venture Exchange) acceptsresponsibility for the adequacy or accuracy of this release.
Quality Assurance and Control,Drilling and Assaying
Edwin Escarraga, MSc, P.Geo., a "Qualified Person" asdefined by National Instrument 43-101, is responsible for the on-goingdrilling and sampling program, including quality assurance (QA) andquality control (QC). The NQ sized core is collected from the drill insealed core trays and transported to the core logging facility. Thecore is marked and sampled at 1.5 metre lengths and cut with a diamondblade saw. One set of samples is transported in secured bags directlyfrom the Canada Nickel core shack to Actlabs Timmins, while a secondset of samples is securely shipped to SGS Lakefield for preparation,with analysis performed at SGS Burnaby. All are ISO/IEC 17025accredited labs. Analysis for precious metals (gold, platinum andpalladium) are completed by Fire Assay while analysis for nickel,cobalt, sulphur and other elements are performed using a peroxidefusion and ICP-OES analysis. Certified standards and blanks areinserted at a rate of 3 QA/QC samples per 20 core samples making abatch of 60 samples that are submitted for analysis.
Qualified Person and DataVerification
Stephen J. Balch P.Geo.
(ON), VP Exploration of Canada Nickel and a "Qualified
Person" as such term is defined by National Instrument 43-101,
has verified the data disclosed in this news release, and has
otherwise reviewed and approved the technical information in this news
release on behalf of Canada Nickel Company
Inc.
About Canada Nickel Company
Inc.
Canada Nickel Company Inc. is advancing the next generation of
nickel-sulphide projects to deliver nickel required to feed the high
growth electric vehicle and stainless steel markets. Canada Nickel has applied in multiple jurisdictions to
trademark the terms NetZero NickelTM, NetZero CobaltTM, NetZero IronTM
and is pursuing the development of processes to allow the production
of net zero carbon nickel, cobalt, and iron products. Canada Nickel
provides investors with leverage to nickel in low political risk
jurisdictions. Canada Nickel is currently anchored by its 100% owned
flagship Crawford Nickel-Cobalt Sulphide Project in the heart of the
prolific Timmins-Cochrane mining camp. For more information, please
visit www.canadanickel.com.
About Noble Mineral ExplorationInc.
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, ~14,000ha elsewhere in Quebec andNewfoundland, upon which it plans to generate option/joint ventureexploration programs.
Noble holds mineral rights and/or exploration rights in~18,000 hectares in the Timmins-Cochrane areasof Northern Ontario known as Project 81, ~2,215 hectares in ThomasTwp/Timmins, as well as an additional 20% interest in ~38,700 hectaresin the Timmins area and ~175 hectares of mining claims in CentralNewfoundland. Project 81 hosts diversified drill-ready gold,nickel-cobalt and base metal exploration targets at various stages ofexploration. Noble also holds ~4,600 hectares in the NagagamiCarbonatite Complex and its ~3,200 hectares in the Boulder Projectboth near Hearst, Ontario, as well as ~3,700 hectares in theBuckingham Graphite Property, ~10,152 hectares in the Havre St Pierre Nickel, Copper, PGM property, and ~1,573 hectares in theCere-Villebon Nickel, Copper, PGM property, ~569 hectare Uranium/RareEarth property (Chateau) and a ~461 hectare Uranium/Molybdenumproperty (Taser North), all of which are in the province ofQuebec.
Noble’s common shares trade on the TSX VentureExchange under the symbol “NOB.”
More detailed information on Noble is available on thewebsite at www.noblemineralexploration.com.
Cautionary Note and StatementConcerning Forward Looking Statements
This press release contains certain information thatmay constitute "forward-looking information" underapplicable Canadian securities legislation. Forward lookinginformation includes, but is not limited to, the potential of the MannWest Nickel Sulphide Project, timing for filing a technical report insupport of the Mineral Resource Estimate, the significance of drillresults, the ability to continue drilling, the impact of drilling onthe definition of any resource, timing and completion (if at all) ofadditional mineral resource estimates, the potential of the TimminsNickel District, strategic plans, including future exploration anddevelopment plans and results, and corporate and technical objectives. Forward-looking information is necessarily based upon severalassumptions that, while considered reasonable, are subject to knownand unknown risks, uncertainties, and other factors which may causethe actual results and future events to differ materially from thoseexpressed or implied by such forward-looking information. Factorsthat could affect the outcome include, among others: future pricesand the supply of metals, the future demand for metals, the results ofdrilling, inability to raise the money necessary to incur theexpenditures required to retain and advance the property,environmental liabilities (known and unknown), general business,economic, competitive, political and social uncertainties, results of exploration programs, risks of the mining industry, delays inobtaining governmental approvals, failure to obtain regulatory orshareholder approvals. There can be no assurance that suchinformation will prove to be accurate, as actual results and futureevents could differ materially from those anticipated in suchinformation. Accordingly, readers should not place undue reliance onforward-looking information. All forward-looking informationcontained in this press release is given as of the date hereof and isbased upon the opinions and estimates of management and informationavailable to management as at the date hereof. Noble disclaims anyintention or obligation to update or revise any forward-lookinginformation, whether because of new information. Neither TSX VentureExchange nor its Regulation Services Provider (as that term is definedin policies of the TSX Venture Exchange) accepts responsibility forthe adequacy or accuracy of this release. No stock exchange,securities commission or other regulatory authority has approved ordisapproved the information contained herein.
Contacts:
H. Vance White, President
Phone: 416-214-2250
Fax: 416-367-1954
Email: info@noblemineralexploration.com
Investor Relations
Email: ir@noblemineralexploration.com
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