Noble Mineral Exploration Inc. has signed a drill contract for 1,000 meters in two holes located in Carnegie Township near Timmins, Ontario, Canada. The two 500-meter holes have been located to follow up on drilling done in 2022 and to further define the geology and mineralization. An additional 1,000 meters across two holes have been scheduled for Southwest Carnegie Township in early 2026, after freeze-up, due to swampy conditions at the proposed drill site.
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. Noble holds mineral and/or exploration rights in approximately 70,000 hectares in Northern Ontario and approximately 24,000 hectares elsewhere in Quebec upon which it plans to generate option and joint venture exploration programs.
In the Timmins-Cochrane areas of Northern Ontario, Noble holds mineral rights and/or exploration rights in approximately 18,000 hectares known as Project 81, which hosts diversified drill-ready gold, nickel-cobalt and base metal exploration targets at various stages of exploration. The company also holds approximately 2,215 hectares in Thomas Township/Timmins, as well as an additional 20% interest in approximately 38,700 hectares in the Timmins area.
Noble's common shares trade on the TSX Venture Exchange under the symbol "NOB." The company's website, https://www.noblemineralexploration.com, provides additional information about its operations and holdings. The announcement represents a continued commitment to exploration in the Timmins region, which has historically been a significant mining district in Canada.
The drilling program aims to build upon previous work and could potentially lead to further resource definition in the area. The timing of the Southwest Carnegie Township drilling in early 2026 accounts for environmental conditions, demonstrating consideration of operational challenges in northern exploration. This development matters as it represents ongoing investment in mineral exploration in Northern Ontario, contributing to regional economic activity and potential future resource development.
