Exploration Update: Noble Retains Dr. Ed Van Hees |

Toronto, Ontario TheNewswire - June 27, 2022 Noble Mineral Exploration Inc. ( "Noble" or the "Company" ) (TSXV:NOB ) ( FRANKFURT:NB7 ) ( OTC:NLPXF) is pleased to announce that it has retained Dr. Ed van Hees as a Consultant to Noble.

Dr. Ed van Hees is a registered professional geoscientist with over 40 years of domestic and international experience working in, exploring for, and doing research on the origin and geochemistry of Orogenic gold deposits. He has worked as an exploration field geologist, mine geologist, exploration manager, consulting geologist, research scientist and professor of geology. Most recently, Dr. van Hees was employed as the Regional Resident Geologist responsible for the Timmins and Sault Ste Marie Mining Districts with the Ontario Geological Survey Resident Geology Program. Here he supervised the professional staff and authored / co-authored 7 Annual Reports of Activity and 10 Recommendations for Exploration between 2016 and 2020. Starting in 2019 he was employed as a professor for the Haileybury School of Mines where he has taught and helped develop seven geology, geochemistry, geophysics and environmental courses. From 2001 to 2015, Dr. van Hees was a professor of geology at Wayne State University in Detroit, Michigan, where he taught core geology courses including Mineralogy, Petrology, Structural Geology and Exploration / Economic Geology, as well as conducting research on the geochemistry and structural geology of Orogenic gold deposits, and the geochemistry of metal pollution. In total he has authored/co-authored 36 publications.

Ed owns a consulting company that has done contract exploration work, written NI43-101 reports and research for numerous major and junior mining companies since 1986. He was the Qualified Person for a gold producer with mining operations in Quebec, Peru and Siberia between 2012 and 2015. Prior to starting his company, he was the Area Superintendent of Area Exploration (aka Exploration Manager) for Pamour Porcupine Mines Ltd for 7 years during which time he initiated / organized and ran Pamorex, the exploration arm of the company. He has also worked as a mine production geologist in the Aunor and Pamour mines, for a cumulative total of 4 years, while conducting research for his M.Sc. thesis and Ph.D. dissertation.

Ed holds a Doctor of Science with Specialization in Economic Geology from the University of Michigan.

Vance White, President and CEO of Noble, said "we are extremely pleased to have Ed join the Noble technical team and to bring his direct knowledge and understanding of projects in northern Ontario more specifically in the Timmins and Hearst areas that not only host the balance of our Project 81 properties but also the Nagagami Niobium/Rare Earths and Boulder Copper projects."

About Noble Mineral Exploration Inc.:

Noble Mineral Exploration Inc. is a Canadian-based junior exploration company which, in addition to its shareholdings in Canada Nickel Company Inc., Spruce Ridge Resources Ltd. and MacDonald Mines Exploration Ltd., and its interest in the Holdsworth gold exploration property in the area of Wawa, Ontario, will continue to hold mineral rights to ~ 36,400 hectares, in the Timmins-Cochrane area of Northern Ontario, included in which Noble has acquired a 50% interest in 7 patents and 310 tenure identified mining claims totalling ~6,600ha in Carnegie, Kidd, Wark and Prosser Townships and an option on 4,800ha in Calder Twp. known as Project 81, as well as an additional ~11,000 hectares in the Timmins area Project 81 hosts diversified drill-ready gold, nickel-cobalt and base metal exploration targets at various stages of exploration. It will also hold its recently acquired ~14,600 hectares in the Nagagami Carbonatite Complex near Hearst, Ontario and ~14,400 hectares of mining claims in Central Newfoundland. In addition, it holds mineral rights to ~3,700 hectares in the Buckingham Graphite Property, ~518 hectares in the Laverlochere Nickel, Copper, PGNM property and ~482 hectares in the Cere-Villebon Nickel, Copper, PGM property, all of which are in the province of Quebec. More detailed information is available on the website at www.noblemineralexploration.com .

Noble's common shares trade on the TSX Venture Exchange under the symbol "NOB".

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 release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.

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 securities 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.

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Noble Mineral Exploration (TSXV:NOB,FWB:NB7,OTC Pink:NLPXF) is a junior exploration company operating under a prospect generator model in the Timmins-Cochrane area of Northern Ontario. As a prospect generator, the company intends to sign multiple joint venture partnerships that consist of large share and warrant positions. The model is expected to provide Noble Mineral with additional liquidity opportunities while de-risking early-stage exploration as the company’s partners fund exploration on the project.

Noble Mineral holds the 79,000-hectare Project 81 property which hosts numerous drill-ready gold, nickel, cobalt, platinum, palladium and VMS-base metal targets. The property is adjacent to Glencore’s (LSE:GLEN) Kidd Creek zinc–copper–silver (VMS) mine and milling complex. Noble Mineral has also signed MOUs with the Mattagami, Matachewan and TTN First Nations communities to ensure that there is mutual respect for the land and a responsible approach to exploration.

Due to the enormous size of the property, Noble Mineral has divided Project 81 into separate sections for the purpose of forming a number of joint venture exploration projects across the property. The company is planning multiple drill programs across the property that are expected to commence in the near term.

Noble Mineral recently created a pure-play nickel company, Canada Nickel Company, through the repurchase and consolidation of 100 percent of the Crawford nickel sulfide project, a part of Project 81. The company also announced its intent to complete a fully-subscribed $5 million private placement into Canada Nickel to fund the cost of the Crawford project consolidation and continue exploration and mineralogical work.

Canada Nickel is to be led by Mark Selby, who is expected to be appointed Chairman and CEO. Mark Selby was most recently President and CEO of RNC Minerals, where he led the development of the Dumont nickel-cobalt project through to a fully-permitted, construction-ready project. Before RNC Minerals, he held senior management roles at Quadra and Inco. He is recognized as a leading authority on the nickel market.

Noble Mineral has also formed numerous strategic financial and technical partnerships that apply state-of-the-art technology to help identify various types of mineralization. Some of the company’s partners include MacDonald Mines Exploration Ltd. (TSXV:BMK), a Canadian precious metals explorer; Orix Geoscience Inc., a geological consulting firm; BECI Exploration Consulting, an innovative airborne mineral exploration technology developer; CGG Multiphysics, a fully-integrated geoscience company providing leading geological, geophysical (airborne gravity gradiometer) and reservoir services; Albert Mining (TSXV:AIIM) to produce artificial intelligence (AI); IBK as their financial advisor; and Franco-Nevada (TSX:FNV) (NSR-royalty holder).

The 79,000 plus-hectare Project 81 property is located in the Timmins-Cochrane area of northern Ontario and is comprised of patented mineral rights, as well as additional contiguous staked mining claims. The property remains mostly underexplored and is prospective for gold, silver, nickel, cobalt, platinum group metals (PGM), chromium, copper, lead, VMS and zinc deposits.

Project 81 is within three kilometers of Glencore’s Kidd Creek zinc-copper-silver mine complex, 30 kilometers from the Porcupine-Destor main break and within 25 kilometers of the city of Timmins, Ontario. The property is accessible by paved highway and has access to high-voltage transmission lines, hydropower, water, mining personnel and mining service suppliers and contractors.

Noble Mineral recently began negotiating the reduction of the net smelter return (NSR) for the Project 81 patented mineral rights from five percent to two percent. “We’re pleased to have reached this understanding in relation to the NSR on Project 81, as we believe the significant reduction of the NSR Royalty will attract more option and joint venture partners to pursue and fund the exploration of our Project 81,” said Noble Mineral President and CEO Vance White.

The Crawford nickel sulfide project covers 9,000 hectares of the larger Project 81 property and is approximately 14 kilometers north of the Kidd Creek mine. Noble Mineral recently consolidated the Crawford project into the Canada Nickel Company.

In 2017, Noble Mineral engaged Orix Geoscience Inc. to compile the historical data for several sections of Project 81, including the Crawford property. Orix identified several historical drill holes with significant nickel assay results. Drill highlights include 433.43 meters grading 0.25 percent nickel, 236.2 meters grading 0.34 percent nickel and 253.4 meters grading 0.24 percent nickel.

Noble Mineral then completed an airborne magnetic and EM survey that displayed strong magnetic anomalies over nickel-bearing bodies on the property. The anomaly has a two-kilometer strike length which could be favorable to large tonnage, low-grade and near-surface nickel deposits. It could also be amenable to low-cost, open-pit mining methods.

In 2018, Noble Mineral and its joint venture partner completed an airborne gravity gradiometer survey and an AI study over the entire township area which led to a drill program on the property. Highlights from the program include 291 meters grading 0.293 percent nickel, 118 ppm cobalt, 0.011 g/t platinum, 0.020 palladium and 0.002 g/t gold and 130.5 meters grading 0.299 percent nickel, 140 ppm cobalt, 0.028 g/t platinum, 0.055 palladium and 0.006 g/t gold and 196.5 meters grading 0.332 percent nickel, 135 ppm cobalt, 0.010 g/t platinum, 0.027 g/t palladium and 0.002 g/t gold.

In 2019, Noble Mineral released the results of its mineralogical studies which sought to determine if nickel occurs in the sulfide state and if it could be economically extracted. Twelve samples were tested and found that most of the mineralization is contained in nickel sulfides. Noble Mineral intends to follow up these results with metallurgical testing.

During the company’s 2019 winter drill program, Noble Mineral intersected 12 meters of zinc mineralization with some sections that graded greater than one percent zinc. Another hole encountered up to 18 meters of massive to semi-massive sulfide that contained anomalous and low-grade zinc.

Noble Mineral completed the project property transfer to Canada Nickel in December 2019. Since taking over the project, Canada Nickel has completed its inaugural drill program on the property, completing nine holes for a total of 5,267 meters. Four of the holes returned mineralization over a total of 500 meters, extending the strike length to over 1.4 kilometers. The area of interest remains open along strike, at depth and to the north.

A higher-grade area to the north of the structure was defined across a one-kilometer strike length. The company intersected 390 meters grading 0.271 percent nickel, 0.014 percent cobalt, including 134 meters grading 0.357 percent nickel, 0.015 percent cobalt and 0.09 g/t platinum and palladium. The structure remains open to the north, west and at depth.

Canada Nickel plans to mobilize a second drill to the property to begin drilling on additional targets and to establish an initial resource. The company also plans to accelerate its mineralogy and metallurgical testing.

Between the 1960s and 1980s, drilling and exploration were conducted at the Lucas gold project. No significant exploration work, however, has been completed on the property since the 1980s. Historic (non-NI 43-101 compliant) drill highlights include 9.14 meters grading 3.14 g/t gold and 8.84 meters grading 3.5 g/t gold. The project also has six discrete parallel IP anomalous trends that require follow-up exploration.

In 2012 and 2018, Noble Mineral completed airborne electromagnetic and magnetic geophysical surveys on the property. The surveys outlined an anomalous gold trend that was followed up with a 3,183.93-meter drill program over 650 meters of the 1,700-meter strike length. Highlights from the 2018 drill program include five meters grading 1.42 g/t gold and 9.5 meters grading 1.84 g/t gold.

The company believes that the gold mineralization at Lucas is structurally-controlled and occur as discrete lenses stacked within the pyrite-gold mineralized tuff unit. Noble Mineral intends to conduct follow-up drilling during future work programs.

The 10,000-hectare Kingsmill property hosts a nickel-cobalt deposit with a strike length of 2,500 meters, a width between 400 meters and 800 meters and a depth of over 600 meters. The deposit has an average grade of 0.25 percent nickel and 113 ppm cobalt.

In 2012, Noble Mineral completed airborne electromagnetic and magnetic geophysical surveys on the property which were followed by a 4,922-meter drill program. Highlights from the program include 114.2 meters grading up to 0.25 percent nickel and 437.6 meters grading up to 0.28 percent nickel.

Preliminary metallurgical studies have also been conducted on the drill core samples. In 2018, a peroxide fusion analysis was performed on 32 samples from the 2012 drill program to evaluate and compare the cobalt grade of the deposit.

Noble Mineral also has signed an option and joint venture agreement with a group of private investors for 2,000 hectares and a 51 percent interest in the Carnegie project. In 2017, the joint venture completed 2,100-line-kilometers of airborne electromagnetic and magnetic surveys over the property, an airborne gravity gradiometer survey, and an AI study over the entire 10,000-hectare township.

The 4,855-hectare Mahaffy township project is approximately 20 kilometers northwest of the Kidd Creek mine. The work completed on the project includes airborne electromagnetic and magnetic geophysical surveys as well as an airTEM survey. The airTEM survey displayed a strong magnetic body that strikes east-southeast for seven kilometers.

There are also two EM conductor trends on the property that occur near, but not within, magnetic features. Noble Mineral believes that the trends are altered structures that could host gold, nickel, copper and PGEs. Noble Mineral plans to follow up on these trends with a drill program in the upcoming work season.

The 2,400-hectare Lennox project and 8,300-hectare Calder and Bradburn projects are approximately 33 kilometers north of the Kidd Creek mine. Modern airborne electromagnetic and magnetic geophysical surveys were completed on the properties in 2012. Follow-up orientation and definition airborne magnetic and EM surveys were completed in 2017.

Noble Mineral has identified several drill-ready targets within the Calder, Lennox and Bradburn townships.. The first target is a copper-gold-silver target with a 900-meter strike length residing in the Calder township. The second target is in Lennox township and is a 1,700-meter trend that has seen limited historical exploration. In the 1960s, Inco drilled 13.4 meters grading 0.24 percent copper. The third target is a 400-meter VMS copper-lead-zinc trend in Bradburn township. Bradburn also hosts what Noble Mineral’s believes is the faulted extension of the Kingsmill nickel deposit.

The 3,681-hectare MacDiarmid property is 10 kilometers west of the Kidd Creek mine. In 2018, an airborne electromagnetic and magnetic geophysical survey was completed on the property. The survey outlined a well-developed EM magnetic feature with a 2.5-kilometer strike length that appears to be dipping steeply to the south. Noble Mineral intends to conduct follow up drilling on the property in the near term.

Noble Mineral is in discussions for two additional option and joint venture partnerships for Project 81. Noble Mineral also intends to follow up on the known mineralized structures with drill programs on various parts of the property.

Vance White has served as President and Director of the company since 2003. He has been actively involved in the mineral exploration and production industry for over 40 years. He has also been a director and/or officer of several other reporting issuers, including Dickenson Mines Limited (taken over in 1980’s to form Goldcorp) and was the founder of AfriOre Limited (taken over by Lonmin in the 1990’s).

Robert Suttie currently works with Marrelli Support Services as its Vice President. He possesses over 20 years of experience, 10 of which were in public accounting prior to his tenure with the Marrelli organization. He specializes in management advisory services, accounting and the financial disclosure needs of the Marrelli group’s public client base. In addition to Noble, Suttie also serves as CFO for a number of other junior mining companies listed on the TSX and TSXV, leveraging his skills and experience to become integral to the reporting issuers.

Randy Singh has worked as a geologist in various capacities for a number of major companies, including Utah Mines Ltd., HBMS, Noranda, Syncrude and Placer Dome in Canada, the US, Mexico, Guyana, Venezuela, Ghana and Zimbabwe, as well as for a number of juniors including Golden Star Resources, Guyana Gold Corp., Venezuelan Goldfields, Mount Grant Mines, South American Goldfields, Queenstake Resources and Gold Port Resources. He has also worked as an engineer for Syncrude Canada Ltd., EBA Engineering and Thurber Consultants.

Denis Frawley is a corporate and securities lawyer at Ormston List Frawley LLP, where he has been practicing since 2006. He regularly advises companies involved in the mineral resource exploration and mining industries on matters related to corporate law, securities law, corporate governance matters and related areas. He also routinely advises private and public companies on financings, mergers and acquisitions, joint ventures and general commercial and business matters. In addition, as part of his practice advising public companies, he frequently advises on reverse takeovers and other transformative transactions.

Prior to founding Ormston List Frawley LLP, he was a partner in Toronto at another leading Canadian law firm. He received his LL.B (common law) and B.C.L. (civil law) from McGill University in 1996, and his B.Soc.Sc (Economics) from the University of Ottawa in 1992. He is permitted to practice in Ontario and New York.

For a majority of his career, Birks Bovaird’s focus has been on the provision and implementation of corporate financial consulting and strategic planning services. He was previously the VP of Corporate Finance for one of Canada’s major accounting firms. He presently is the Chairman of Energy Fuels Inc., a premier US-based integrated uranium miner listed on the TSX and NYSE. He is Chairman of GTA Resources and Mining Inc. as well as a member of the audit committee. He has previously been involved with numerous public resource companies, both as a member of management and as a director. He is a graduate of the Canadian Director Education Program and holds an ICD.D designation.

Michael Newbury is a professional engineer, banker and project finance specialist with over 30 years experience in the operation, financing and evaluation of natural resource projects. His mining and technical expertise, as well as financial and engineering capabilities, enable the evaluation and assessment of projects, to the development of operational plans and financial structures that manage project risk, minimize equity requirements and maximize shareholder value.

Newbury has a B.Sc. from McGill University, managed Barclays Bank’s World Mining Group and the Credit Suisse Corporate Banking Group. He was one of the initial partners in Endeavour Financial and provided his technical expertise to that group for over 10 years. He has extensive experience in the evaluation and financial structuring of natural resource projects in emerging market countries including Russia, Uzbekistan, Kazakhstan, South Africa, China and Venezuela. Currently, he operates as an independent consultant and is on the Boards of a number of junior mining companies. He is Noble Mineral Exploration Inc.’s designated Qualified Person (QP) for geological reporting.

As the President of Blue Source Canada, the largest developer and marketer of greenhouse gas (GHG) reduction projects in Canada, Yvan Champagne oversees project sourcing, offset sales and brokerage and advisory services for the Canadian market. An experienced leader and entrepreneur in carbon markets, he has a great passion for and understanding of environmental technologies and GHG reduction projects.

His broad experience includes GHG project screening, assessment and contracting, advising companies and organizations across Canada on sustainable environmental strategies and programs, government relations consulting in the energy sector, public affairs and marketing, and growing companies in new markets. Champagne obtained his B.A. in Political Science from Yale University with a focus on environmental policy and business-government relations. He is also a graduate of the Kellogg-Schulich Executive MBA Program.

Dr. Samuel Peralta has 35 years of business experience in the energy and technology sectors, overseeing business development, product and process innovation and corporate transformation. He holds a Ph.D. in physics, with industry background in energy, mobile platforms and digital media, advanced sensors and semiconductors. Currently, he is CEO of Windrift Bay, which develops and manages a portfolio of technology and media properties. He was previously Director of Business and Corporate Development at Kinectrics, overseeing $70 million annually in high-tech programs for the energy industry.

Previously, he was CEO of Qvadis, a smartphone software provider; CTO for OH Solar, a photovoltaic firm based on an acquisition from Texas Instruments; and served in key positions at Ontario Power Generation and the Ontario Laser and Lightwave Research Centre. Dr. Peralta has served on the Board of Directors of public, private and non-profit firms, with committee leadership in governance, finance and audit and special projects (M&A), including for the boards of Qvadis, Envergence, OPEL Solar, Axiom NDT, POET Technologies and the Organization of Canadian Nuclear Industries. He is currently sitting on the boards of Cobalt Blockchain Inc., Noble Mineral Exploration and Windrift Bay.

Stephen Balch has over 30 years of experience in mineral exploration as an exploration geophysicist. He is one of Canada’s leading experts on geophysical techniques used to identify nickel-copper sulfide and platinum-group-metal targets. Since 2010, he has served as President and a director of Triumph Instruments, a company that conducts airborne time-domain electromagnetic surveys in North America, China and Mexico.

Since 2001, he has been President of Balch Exploration Consulting Inc., a company that provides consulting services to major mining and junior exploration companies. He previously served as the President and a director of Canadian Mining Geophysics Ltd., a geophysical data recording company, from 2007 to 2015. He was President, CEO and a director of Chevrier Metals Corp. (formerly Tawsho Mining Inc.), previously a TSXV listed mining exploration company, from 2013 to 2016, as well as a director of RHC Capital Corporation (formerly Rockefeller Hughes Corporation), a TSXV listed exploration company developing oil and gas resources in Texas, from 2013 to 2016.

Toronto, Ontario TheNewswire - May 19, 2022 Noble Mineral Exploration Inc. ( "Noble" or the "Company" ) (TSXV:NOB ) ( FRANKFURT:NB7 ) ( OTC:NLPXF) is pleased to report on the proposed programs for a number of its active projects.

Analyses received for Dargavel Drill Program

Early Exploration Permit for drill program applied and circulated to First Nations for review for the Lennox Calder Project. Drilling expected to begin in July

Crews prepare to mobilize to Buckingham Graphite Property for Phase 1 exploration

Nagagami drill program set for September. Permit approved and talks with Constance Lake First Nation continue.

Airborne Survey on Cousineau boulder project expected to be flown in July.

An airborne geophysical survey on Island Pond, Newfoundland is scheduled for early summer

Ground program on Laverlochere and Cere Villebon planned for this summer.

Dargavel Township Gold Trend, Ontario (4,300 ha)

Analyses have been received for the Dargavel Township gold property. In January of 2022 the Company drilled 1253 meters in seven holes on it's 50% interest in Dargavel Twp in Project 81. This drill program qualified for a $200,000 OJEP grant from the Ontario Government. One hole was abandoned in overburden but in the six holes that reached bedrock, five had anomalous gold values. (See Table 1)

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Table 1: Significant gold values from the 2022 Dargavel drill program.

* True widths not known at this time.

Noble will carry out a 2-3 drill hole program to test an untested geophysical target on its Calder Twp option. This drill program is scheduled for late summer 2022.

An Early Exploration Permit has been applied for and has been circulated to the local First Nations for review.

Buckingham Graphite Project, Quebec (3,700 ha)

Crews are mobilizing to the property in order to complete Phase 1 of the planned exploration program

Historical work included a trenching program was initiated by a third party in 2014 based on airborne survey results and limited ground geophysics. Trenching verified that graphite mineralization was causing the detected electromagnetic anomaly. All samples returned graphite mineralized intersections with a best result of 8.2% Cg over 4.75* meters, including 12.1% Cg over 1* meter and 12.5% Cg over 3.5* meters. Another trench was excavated about 75m NE of the first trench where one section yielded 21.6% Cg over 14.5* meters and 16.8% Cg over 3.9* meters. (*True widths not known at this time)

In 2015, a 20 kilogram bulk sample was taken from Trench 22C and subjected to initial flotation testing for graphite. The bulk sample was submitted to a simple flotation test, without process optimization or chemical treatment, such as addition of acid leach or alkaline roast. The head grade obtained was 20.7% Cg and returned an overall combined flotation concentrate purity of 94.8%. The results of the testing indicated 32% of the flakes were large (+65 mesh) to jumbo (+28 mesh) in size and the purity obtained in these large fractions ranged from 94.8 to 96.1%.

The 2022 field work will be a two phase program to include:

Re-processing of airborne data from the 2013 survey

Property visit to locate trenches, grab samples and drill hole collars

Beep Mat survey to locate new graphite mineralization

Nagagami Carbonatite Niobium and Rare Earths Project, Ontario (14,000 ha)

Consultations are progressing with the Constance Lake First Nation (CLFN), and it is anticipated that Noble and CLFN will enter into an Exploration Agreement in the near future. An Early Exploration Permit has been received from the Province and helicopter supported drilling is expected to begin in September.

Past work in the Nagagami area has been spotty in the past. Part of this is due to the fact that the complex is not exposed on surface. Algoma Ore Properties performed the original airborne magnetic survey in the area that identified the complex. Limited drilling was aimed at the magnetic ring structure in search of iron deposits. Despite drilling in the wrong geology for niobium and rare earth metals, one of the Algoma drillholes returned 0.3% Nb205 from a grab sample of syenite taken at 230 feet downhole. Fluorite was noted in one drill hole as red-brown, waxy hydronephelite (an alteration form of nepheline) comprising 5-10% of the rock. The existence of fluorite is characteristic of carbonatite style mineralization.

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Figure 1: Comparison of the Nagagami Complex (left) with the Niobec Mine in Quebec

The Cousineau Boulder Project (4,500 ha)

In 2019 Ontario Geological Survey analyzed a sample from the 140kg boulder and determined that the boulder contained: 71.8% copper; 3.5% lead, 1.09% zinc; 252 g/T of silver, 3.79 g/T of gold; 4.43 g/T of palladium; and 2.22 g/T of platinum and consisted primarily of the mineral cuprite

During the Fall of 2021 Noble launched an exploration program on the property to in an effort to identify the source of the boulder. Basal till samples collected from two fence lines of hand auger holes, located about 100 m and 1 km north of the boulder location, produced 35 gold grains. These gold grains defined a southeast-northwest trending dispersion train that indicates they were transported southeast by a glacial transport from a source area located to the northwest. The dispersion train appears to begin near a northeast trending magnetic anomaly to the northwest of the property. The gold grains are predominantly reshaped (24) but also include modified (7) and pristine (4), supporting evidence of local source. The cost of the staking, sampling and assaying to date has been.

Work will continue during the 2022 field season including a helicopter airborne survey, expected to be completed in July.

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Figure 2: The Cousineau Boulder cut in half.

Island Pond Property Central Newfoundland (14,400 ha)

The property, known as Island Pond, is located within an area of Central Newfoundland that is geologically mapped as a single unit of Cambrian-Ordovician siliclastic sediments trapped between a series of non-magnetic Devonian Plutons to the west and southeast. The plutons themselves are not considered to be of exploration interest but they could have altered the rocks around them. From the regional magnetic data, a strong magnetic trend exists within the siliclastics that is interpreted to be an unmapped volcanic intrusion. A preliminary structural interpretation, based solely on regional scale aeromagnetic surveys, suggests a multi-fold metamorphic history with a very high potential for repetition of stratigraphy within these newly staked claims. Spruce Ridge Resources (SHL) Foggy Pond Property, contiguous to the east, shows a similar magnetic feature. SHL has reported their preliminary interpretation indicating the possibility for a repetition of known copper and gold mineralization on a western limb. Preliminary interpretation of recently acquired high resolution magnetic data over Foggy Pond show localized magnetic anomalies that could be ophiolite slivers along a major northeast trending structure analogous to the Grub Line located just east of New Found Gold's high-grade gold discovery located approximately 75 km to the east.

Historic exploration on the Spruce Ridge Great Burnt and South Pond Property was found to contain economic concentrations of copper and possibly gold within volcanic rocks that intruded the siliclastic sediments. The magnetic trend at Island Pond is over 22 km in strike length and up to 3.5 km wide. This region of Newfoundland has received almost no exploration due to the thin but extensive overburden cover and lack of forest suitable for the logging industry (which would have resulted in a road infrastructure). Island Pond is contiguous to Spruce Ridge's recently staked Foggy Pond Property (see Spruce Ridge press release Dec-22-2021) and is located 14 km northwest of Spruce Ridge's South Pond gold-copper discovery and 56 km southeast of the historic Buchans high-grade zinc mine.

An airborne geophysical survey is scheduled for early summer.

Drilling and resource estimates done by the Groupe La Fosse Platinum Inc., in 1987, evaluated a historical resource of 421,840 tonnes grading 0.52% copper, 0.72 % nickel and 1.08 g/t combined platinum-palladium (Groupe La Fosse Platinum Inc., 1987 Annual Report). This estimate is historical in nature, non-compliant to NI 43-101 Mineral Resources and Mineral Reserves standards, and therefore should not be relied upon. A Qualified Person has not done sufficient work to classify the historical estimate as current mineral resources, and these estimates should only be considered as an indication of the mineral potential of the Property.

Diamond Drill Hole FV-87-1 drilled by LaFosse Platinum in 1987 into the North Zone intersected 27.38* meters of 0.70% nickel, 0.68% copper, 0.23 g/t platinum, 0.64 g/t palladium and 0.08 g/t gold including 7.65* meters of 0.94% nickel, 1.02% copper .

* Exact width not known at this time.

Future work will include a complete compilation of past drilling and a site visit to surface sample the zone and explore for additional mineralization.

The Laverlochere property is located on the southern part, of the east-west trending Belleterre-Angliers greenstone belt that is made up of an assemblage of sedimentary and volcanic rocks of Archaen age. Several Nickel-Copper-Platinum Group deposits and showings have been discovered in the Belleterre-Angliers greenstone belt. Approximately 30 km east of the Laverlochere property, the Kelly Lake property reportedly contains a deposit of 1.4 million tonnes of 0.7% Cu, 0.7 Ni, 1/3 g/t Pt+Pd and a potential for minor amounts of Cobalt and Rhenium and in the same general area, Blondeau Nickel has outlined a 227,000t deposit. Grading 0.45% Cu and 0.45% Ni. Historic exploration in the area has outlined four separate zones of Nickel- Copper-Platinum Group mineralization in gabbroic bodies interbedded in mafic to felsic volcanics (these reserves are 43-101 non-compliant and historic in nature).

On the Laverlochere property, historic trenching and drilling on the north shore of Lac Rousselot led to the discovery of a band of iron formation, striking N60°E. The iron formation is brecciated and contains pyrite-rich lenses and veinlets of quartz. A trench, approximately 1,080 m to the southeast of the iron formation, exposed a silica bearing that contains considerable veinlets or dike-like masses of quartz that are well mineralized with chalcopyrite and pyrite. A 1.8 by 3.0 m shaft was sunk on a 3 m long by 30 cm wide, mineralized quartz lense. The lense strikes northwest and cuts across N30°W striking sheared andesites. The mineralization is primarily chalcopyrite and a 30 cm sample across the quartz lense analyzed 0.57% copper and 2.6 g/t gold .

In 1969, Inco drilled three holes under Lac Rousselot. Drillhole 32375 was drilled to a depth of 309 m and in the upper section (0 to 93.9 m) intersected mainly andesitic and gabbroic rocks that were locally, weakly mineralized in pyrite, pyrrhotite and chalcopyrite. The lower part of the hole (from 93.9 to 309 m) intersected serpentinized peridotite that was systematically analyzed for copper, nickel and cobalt. The analyses reportedly revealed a 214.7 meter mineralized interval grading 0.01% Copper, 0.29% Nickel and 0.02% Cobalt (Exact width not known at this time).

Drill hole 32376, intersected mainly intermediate volcanics, gabbroic, and dioritic rocks down to 97.6 m that were weakly mineralized with pyrite, chalcopyrite and pyrrhotite. From 97.6 m to the bottom of the hole at 108.8 m peridotite was intersected. Eight samples of core from the gabbro, andesite and a chlorite bearing schist were analyzed for copper, nickel and zinc. Three were also analyzed for platinum and palladium and gave the following results for palladium of 0.12 g/t, 0.28 g/t and 0.31 g/t and for platinum 0.16 g/t, 0.37 g/t and 0.12 g/t . The peridotite graded 0.02% Cu and 0.224% Ni over the 11.2 meter interval (Exact width not known at this time).

Future work will include a complete compilation of past work and a property visit to identify historical and new mineralization on the property.

Historical exploration results disclosed in this news release are non-compliant with the requirements of National Instrument 43-101.

Michael Newbury PEng (ON), a "qualified person" as such term is defined by National Instrument 43-101, has reviewed the data disclosed in this news release, and has otherwise reviewed and approved the technical information in this news release on behalf of Noble.

About Noble Mineral Exploration Inc.:

Noble's common shares trade on the TSX Venture Exchange under the symbol "NOB."

Investor Relations: ir@noblemineralexploration.com

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Noble Mineral Exploration Inc. ( "Noble" or the "Company" ) (TSXV:NOB ) ( FRANKFURT:NB7 ) ( OTC:NLPXF) is pleased to report on the proposed programs for a number of its active projects

Dargavel Township Gold Trend, Ontario (4,300 ha)

In January of 2022, the Company drilled 1253 meters in seven holes on its 50% interest in Dargavel Twp in Project 81. This drill program qualified for a $200,000 OJEP grant from the Ontario Government. 291 Samples were submitted to ActLabs in Timmins for assay and due to backlogs at the lab, Noble has been advised that results should be forthcoming within the next two weeks. Upon receipt of the results Noble will determine how to proceed in what would likely be a winter follow up drill program.

Nagagami Carbonatite Niobium and Rare Earths Project, Ontario (14,000 ha)

Consultations have been initiated with the Constance Lake First Nation (CLFN) and it is anticipated that Noble and CLFN will enter into an Exploration Agreement in the coming days upon the execution of which a helicopter supported minimum 1500-meter drill program is proposed for which Noble has recently received an Early Exploration Permit from the Province.

Click Image To View Full Size

Figure 1: Comparison of the Nagagami Complex (left) with the Niobec Mine in Quebec

The Cousineau Boulder Project (4,500 ha)

Work will continue during the 2022 field season including a helicopter airborne survey, glacial till investigations and diamond drilling.

Click Image To View Full Size

Figure 2: The Cousineau Boulder cut in half.

Buckingham Graphite Project, Quebec (3,700 ha)

A trenching program was initiated by a third party in 2014 based on airborne survey results and limited ground geophysics. Trenching verified that graphite mineralization was causing the detected electromagnetic anomaly. All samples returned graphite mineralized intersections with a best result of 8.2% Cg over 4.75* meters, including 12.1% Cg over 1* meter and 12.5% Cg over 3.5* meters. Another trench was excavated about 75m NE of the first trench where one section yielded 21.6% Cg over 14.5* meters and 16.8% Cg over 3.9* meters. (*True widths not known at this time)

In 2015, a 20-kilogram bulk sample was taken from Trench 22C and subjected to initial flotation testing for graphite. The bulk sample was submitted to a simple flotation test, without process optimization or chemical treatment, such as addition of acid leach or alkaline roast. The head grade obtained was 20.7% Cg and returned an overall combined flotation concentrate purity of 94.8%. The results of the testing indicated 32% of the flakes were large (+65 mesh) to jumbo (+28 mesh) in size and the purity obtained in these large fractions ranged from 94.8 to 96.1%.

The 2022 field work will be a two-phase program to include:

Re-processing of airborne data from the 2013 survey

Property visit to locate trenches, grab samples and drill hole collars

Beep Mat survey to locate new graphite mineralization

Island Pond Property Central Newfoundland (14,400 ha)

An airborne geophysical survey is scheduled for early summer.

* Exact width not known at this time.

Future work will include a complete compilation of past drilling and a site visit to surface sample the zone and explore for additional mineralization.

In 1969, Inco drilled three holes under Lac Rousselot. Drillhole 32375 was drilled to a depth of 309 m and in the upper section (0 to 93.9 m) intersected mainly andesitic and gabbroic rocks that were locally, weakly mineralized in pyrite, pyrrhotite and chalcopyrite. The lower part of the hole (from 93.9 to 309 m) intersected serpentinized peridotite that was systematically analyzed for copper, nickel and cobalt. The analyses reportedly revealed a 214.7-meter mineralized interval grading 0.01% Copper, 0.29% Nickel and 0.02% Cobalt (Exact width not known at this time).

Drill hole 32376, intersected mainly intermediate volcanics, gabbroic, and dioritic rocks down to 97.6 m that were weakly mineralized with pyrite, chalcopyrite and pyrrhotite. From 97.6 m to the bottom of the hole at 108.8 m peridotite was intersected. Eight samples of core from the gabbro, andesite and a chlorite bearing schist were analyzed for copper, nickel and zinc. Three were also analyzed for platinum and palladium and gave the following results for palladium of 0.12 g/t, 0.28 g/t and 0.31 g/t and for platinum 0.16 g/t, 0.37 g/t and 0.12 g/t . The peridotite graded 0.02% Cu and 0.224% Ni over the 11.2-meter interval (Exact width not known at this time).

Future work will include a complete compilation of past work and a property visit to identify historical and new mineralization on the property.

Noble will carry out a 2-3 drill hole program to test an untested geophysical target on its Calder Twp option. This drill program is scheduled for late summer 2022.

All exploration results disclosed in this news release are historical and are therefore non-compliant with the requirements of National Instrument 43-101.

About Noble Mineral Exploration Inc.:

Noble Mineral Exploration Inc. is a Canadian-based junior exploration company which, in addition to its shareholdings in Canada Nickel Company Inc., Spruce Ridge Resources Ltd. and MacDonald Mines Exploration Ltd., and its interest in the Holdsworth gold exploration property in the area of Wawa, Ontario, will continue to hold ~25,000 hectares of mineral rights in the Timmins-Cochrane areas of Northern Ontario known as Project 81, as well as an additional ~11,000 hectares in the Timmins area and ~14,400 hectares of mining claims in Central Newfoundland. Project 81 hosts diversified drill-ready gold, nickel-cobalt and base metal exploration targets at various stages of exploration. It will also hold its recently acquired ~14,600 hectares in the Nagagami Carbonatite Complex near Hearst, Ontario, as well as ~3,700 hectares in the Buckingham Graphite Property, ~518 hectares in the Laverlochere Nickel, Copper, PGNM property and ~482 hectares in the Cere-Villebon Nickel, Copper, PGM property, all of which are in the province of Quebec. More detailed information is available on the website at www.noblemineralexploration.com .

Noble's common shares trade on the TSX Venture Exchange under the symbol "NOB."

Investor Relations: ir@noblemineralexploration.co

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140 kg Boulder Discovered Containing 71.8% Copper, 252 g/t Silver, 3.79 g/t Gold and 6.65 g/t Platinum Group Metals

Noble Mineral Exploration Inc. ( "Noble" or the "Company" ) (TSXV:NOB ) ( FRANKFURT:NB7 ) ( OTC:NLPXF) is pleased to announce that the company has Optioned a 100% interest in 204 claim units by staking to hold in 214 claims in Way Township. The claims extend from about 4 to 15 km southwest of the town of Hearst, Ontario. The staked area is equivalent to approximately 4,500 hectares or 45 km 2

Noble has acquired by staking 214 claims (4,500 hectares or 45 sq. km) on the prospective mineral area;

The exploration model is the occurrence of a supergene alteration zone of a Volcanogenic Massive Sulphide deposit;

A 140 kg boulder found in the area near Jogues about 11 km SW of Hearst Ont. contains significant concentrations of base and precious metals;

On analysis the sample was found to contain 71.8% copper, 252 g/t silver, 3.79 g/t gold and 6.65 g/t platinum group metals;

There has not been any recent exploration since the 1960's when Algoma explored for iron ore.

A sample of the metalliferous boulder, brought to the Timmins Mining District Regional Resident Geologist in 2019 by a Mr. A. Cousineau, was submitted for chemical analysis to Geolabs in Sudbury to establish its metal and mineralogical makeup. Geolabs determined that the boulder contained: 71.8% copper; 3.5% lead, 1.09% zinc; 252 g/T of silver, 3.79 g/T of gold; 4.43 g/T of palladium; and 2.22 g/T of platinum and consisted primarily of cuprite (van Hees et al., 2020).

The type of copper mineralization found in the boulder is unusual for copper mineralization found in the Superior Province of the Canadian Shield. The primary mineral is cuprite, a soft, heavy, red oxide mineral (Cu 2 O) that is an important ore of copper worldwide.

In 2021, Noble launched an exploration program on the property to in an effort to identify the source of the boulder. Basal till samples collected from two fence lines of hand auger holes, located about 100 m and 1 km north of the boulder location, produced 35 gold grains. These gold grains defined a southeast-northwest trending dispersion train that indicates they were transported southeast by a glacial transport from a source area located to the northwest. The dispersion train appears to begin near a northeast trending magnetic anomaly to the northwest of the property. The gold grains are predominantly reshaped (24) but also include modified (7) and pristine (4), supporting evidence of local source.

Work will continue during the 2022 field season including an airborne survey, glacial till investigations and eventual diamond drilling.

Vance White, President and CEO of Noble, said "this is a very significant discovery of a highly mineralized boulder in an area that has not seen much past exploration. The discovery of the source of the boulder would be an important mineral find. Even a small deposit of this material would be extremely valuable at current metal prices. Noble will continue its exploration program to establish the source of the boulder"

Figure 1: Photo of the Cousineau Boulder

Click Image To View Full Size

Figure 2: Photo of Cousineau Boulder cut in half

van Hees, E.H., P. Bousquet, J. Suma-Momoh, C.M. Daniels, S.L.K. Hinz, C. Boucher, P. Sword, L. Wang, S.P. Fudge, A. Millette and C. Patterson, 2020. Report of Activities 2019, Resident Geologist Program, Timmins Regional Resident Geologist Report: Timmins and Sault Ste. Marie Districts; Ontario Geological Survey, Open File Report 6366, 160p.

On signing - 325,000 shs + 325,000 3-year wts exercisable at $0.175

1 st Anniversary - 325,000 shs + 325,000 3-year wts exercisable at $0.175

Expln Spend to earn 50% - $300,000 (including staking costs and ground exploration in the fall 2021)

Expln Spend to earn 100% - $700,000 (earning 10% per $140,000 in expenditures to include airborne and follow up)

2% NSR with buyback as to 50% at $1,000,000 for first five years and at $1,500,000 to end of life.

If the property is dropped, then it is to be returned to vendors with a minimum one year's assessment credits.

The Transaction is subject to the approval of the Board of Directors, as well as to TSX Venture Exchange approval and to compliance with securities and other laws and regulations.

About Noble Mineral Exploration Inc.:

Noble Mineral Exploration Inc. is a Canadian-based junior exploration company which, in addition to its shareholdings in Canada Nickel Company Inc., Spruce Ridge Resources Ltd. and MacDonald Mines Exploration Ltd., and its interest in the Holdsworth gold exploration property in the area of Wawa, Ontario, will continue to hold ~25,000 hectares of mineral rights in the Timmins-Cochrane areas of Northern Ontario known as Project 81, as well as an additional ~11,000 hectares in the Timmins area and ~14,400 hectares of mining claims in Central Newfoundland. Project 81 hosts diversified drill-ready gold, nickel-cobalt and base metal exploration targets at various stages of exploration. It will also hold its recently acquired ~14,600 hectares in the Nagagami Carbonatite Complex near Hearst, Ontario, as well as ~3,700 hectares in the Buckingham Graphite Property, ~518 hectares in the Laverlochere Nickel, Copper, PGNM property and ~482 hectares in the Cere-Villebon Nickel, Copper, PGM property, all of which are in the province of Quebec. More detailed information is available on the website at www.noblemineralexploration.com .

Noble's common shares trade on the TSX Venture Exchange under the symbol "NOB".

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Toronto, Ontario TheNewswire - April 20, 2022 - Noble Mineral Exploration Inc. (the "Company" or "Noble") (TSXV:NOB ) ( FRANKFURT:NB7 ) ( OTC:NLPXF) announced that it has closed the Sale Transaction and Option Transaction with Canada Nickel Company Inc. which were approved at the shareholders' meeting held on March 14, 2022. For further details on the Sale Transaction and Option Transaction, please refer to the news releases issued on November 22, 2021, February 24, 2022, and March 15, 2022.

H. Vance White, President and CEO of Noble, added: " We're very pleased to have closed these Transactions and look forward to Canada Nickel advancing the Mann Township properties."

About Noble Mineral Exploration Inc.:

Noble Mineral Exploration Inc. is a Canadian-based junior exploration company which, in addition to its shareholdings in Canada Nickel Company Inc., Spruce Ridge Resources Ltd. and MacDonald Mines Exploration Ltd., and its interest in the Holdsworth gold exploration property in the area of Wawa, Ontario, will continue to hold approximately ~25,000 hectares of mineral rights in the Timmins-Cochrane areas of Northern Ontario known as Project 81, as well as an additional ~11,000 hectares in the Timmins area and ~14,400 hectares of mining claims in Central Newfoundland. Project 81 hosts diversified drill-ready gold, nickel-cobalt and base metal exploration targets at various stages of exploration. It will also hold its recently acquired ~14,600 hectares in the Nagagami Carbonatite Complex near Hearst, Ontario, as well as ~3,700 hectares in the Buckingham Graphite Property, ~518 hectares in the Laverlochere Nickel, Copper, PGNM property and ~482 hectares in the Cere-Villebon Nickel, Copper, PGM property, all of which are in the province of Quebec. More detailed information is available on the website at www.noblemineralexploration.com .

Noble's common shares trade on the TSX Venture Exchange under the symbol "NOB".

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 release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. 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 securities 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.

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Noble Mineral Exploration Inc. (the "Company" or "Noble") (TSXV:NOB ) ( FRANKFURT:NB7 ) ( OTC:NLPXF) announced that it has completed the debt settlement that was announced on April 14, 2022, having received approval of board its Board of Directors and the TSX Venture Exchange. 436,262 common shares of Noble were issued in that transaction in settlement of f $61,076.70 of debt at $0.14 per share. The shares issued are subject to a 4-month hold period expiring August 19, 2022

Noble also announced that it was now able to provide additional details regarding the previously announced special in-kind distribution. More details on that distribution can be found in the Company's news release of March 9, 2022.

Shareholders are reminded that the distribution is being made at the rate of 0.01725 of a share of Canada Nickel Company Inc. (trading symbol TSX-V: CNC) (" CNC ") per whole share of Noble held (the " Distribution "). No fractional shares or cash in lieu thereof (or any other form of payment) will be payable as part of the Distribution (with the number of CNC shares due to any shareholder rounded down to the nearest whole share). The close of business on Monday, April 18, 2022 (the " Record Date ") was established as the record date for the D istribution .

Based on the number of Noble shares outstanding at the close of business on the Record Date, approximately 3,737,269 CNC shares will be distributed through the D istribution , although due to rounding the final number will be slightly lower. In connection with the Dividend, acting on authorization previously granted by Noble's shareholders, the Board of Directors implemented a reduction of Noble's stated capital. Based on the closing price of $2.69 per CNC share on the Record Date, the Company will be treating $2.52 per whole CNC share as a return of capital to Noble's shareholders, and $0.17 per whole CNC share as income distributed to Noble's shareholders. However, Noble disclaims any responsibility for the tax treatment adopted by any or all shareholders with respect to the D istribution , as the tax position that applies to any shareholder will depend on a number of factors that are particular to that shareholder. Shareholders are encouraged to seek their own advice as to the tax treatment of the Distribution applicable to them.

H. Vance White, President and CEO of Noble, added: "We're very pleased to be completing this distribution. Applying the closing price for CNC's shares on the Record Date, the D istribution results in more than $10 Million being distributed to Noble's shareholders. If you factor in the distribution of CNC shares completed by Noble in 2020, at today's price nearly $37 Million of value will have been distributed by Noble to its shareholders in the form of CNC shares in recent years. Noble will retain more than 2.9 million shares of CNC after the D istribution has been completed, and the D istribution has encouraged a number of Noble warrant-holders to exercise their warrants in recent weeks, leaving Noble with a healthy cash position of approximately $3mm."

Due Bill Trading In Effect

Shareholders are reminded that the D istribution will be paid on or about Monday April 25, 2022 (the " Distribution Payment Date "), and Noble's shares trade on a "Due Bill" basis from the opening of trading on April 14, 2022 (the last trading day before the Record Date) until the close of business on April 25, 2022 (the " Due Bill Period' ). The Due Bill is effectively the entitlement to receive the D istribution . Any shareholder who sells shares of Noble during the Due Bill Period will also sell the entitlement to the D istribution . The Company's common shares will begin trading on an ex- dividend basis, or without the entitlement to the D istribution , from the opening of trading on April 26, 2022 (being the next trading day after the D istribution Payment Date).

The Due Bills will be redeemed on April 27, 2022, once all trades with the attached Due Bills entered during the Due Bill Period have settled.

Registered holders of Noble entitled to the D istribution , being those holding Noble share certificates and/or Noble shares under the Direct Registration System (" DRS "), will receive the D istribution by way of DRS statements. The Company is also coordinating arrangements with depositories for the issuance and distribution of the D istribution to those holding their Noble common shares through brokerage accounts. Shareholders so holding their Noble shares through brokerage accounts should contact their brokers for further information regarding payment of the D istribution .

About Noble Mineral Exploration Inc.:

Noble Mineral Exploration Inc. is a Canadian-based junior exploration company which, in addition to its shareholdings in Canada Nickel Company Inc., Spruce Ridge Resources Ltd. and MacDonald Mines Exploration Ltd., and its interest in the Holdsworth gold exploration property in the area of Wawa, Ontario, will continue to hold approximately ~25,000 hectares of mineral rights in the Timmins-Cochrane areas of Northern Ontario known as Project 81, as well as an additional ~11,000 hectares in the Timmins area and ~14,400 hectares of mining claims in Central Newfoundland. Project 81 hosts diversified drill-ready gold, nickel-cobalt and base metal exploration targets at various stages of exploration. It will also hold its recently acquired ~14,600 hectares in the Nagagami Carbonatite Complex near Hearst, Ontario, as well as ~3,700 hectares in the Buckingham Graphite Property, ~518 hectares in the Laverlochere Nickel, Copper, PGNM property and ~482 hectares in the Cere-Villebon Nickel, Copper, PGM property, all of which are in the province of Quebec. More detailed information is available on the website at www.noblemineralexploration.com .

Noble's common shares trade on the TSX Venture Exchange under the symbol "NOB."

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CMX Gold & Silver Corp. ("CMX" or the "Company") (Canadian Securities Exchange: CXC) (CNSX:CXC.CN) is pleased to announce that it has completed the first tranche of the non-brokered private placement (the "Offering") described in its news release of June 1, 2022. The Company issued an aggregate of 2,860,000 units (the "Units") at a price of CDN$0.09 per Unit for gross proceeds of CDN$257,400. Each Unit consists of one common share in the capital of the Company (a "Share") and one-half of one non-transferable common share purchase warrant (each whole common share purchase warrant, a "Warrant"). Each whole Warrant is exercisable to acquire one Share at an exercise price of CDN$0.18 per Share until July 14, 2024 which is 24 months from the date of issuance.

Insiders of the Company acquired an aggregate of 710,000 Units in the Offering, which participation constituted a "related party transaction" as defined under Multilateral Instrument 61-101 Protection of Minority Security Holders in Special Transactions ("MI 61-101"). Such participation is exempt from the formal valuation and minority shareholder approval requirements of MI 61-101 as neither the fair market value of the Units acquired by the insiders, nor the consideration for the Units paid by such insiders, exceed 25% of the Company's market capitalization. As required by MI 61-101, the Company advises that it expects to file a material change report relating to the Offering less than 21 days before completion of the Offering, which is necessary to complete the Offering in an expeditious manner and is reasonable in the circumstances.

The proceeds of the Offering will be used for work programs on CMX's Clayton Silver Project in Idaho, USA, including planning and site preparation for future drilling programs and for general working capital purposes.

The securities issued under the Offering, and any Shares that may be issuable on exercise of any such securities, will be subject to a statutory hold period expiring four months and one day from the date of issuance of such securities.

CMX's 100%-owned Clayton Silver Property is located in the mining-friendly State of Idaho, USA. The property comprises approximately 684 acres in Custer County in south-central Idaho, including the former Clayton silver-lead-zinc mine. The Clayton Mine was developed on eight levels to a depth of 1,100 feet below surface and is comprised of approximately 19,690 feet of underground development. Two major ore bodies were partially mined: the "South Ore Body" and the "North Ore Body".

The recorded production from the Clayton Mine included 7,031,110 oz silver, 86,771,527 lbs lead, 28,172,211 lbs zinc, 1,664,177 lbs copper, and minor amounts of gold from an estimated 2,145,652 tonnes of ore mined between 1934 and 1985. Significant potential is demonstrated in hole 1501-A, drilled in the mid-1960's, which penetrated the mineralized zone at 1,425 feet. At that depth, the hole intercepted 22 feet of 4.07 oz Ag/t, 5.75% lead and 5.37% zinc (note: true width is unknown).

The Company has signed an agreement with Sulphide Remediation Inc. ("SRI"), a firm specializing in mineral processing (see May 31, 2022 news release). SRI utilizes precision ore sorting technology to high-grade mine stockpiles of unprocessed rock to enhance the grade of material delivered to a toll mill. The results of testing the ore sorting process on the stockpile material should position CMX to generate cash flow in 2023.

The CSE has not reviewed and does not accept responsibility for the adequacy or accuracy of this news release.

For further information contact: Robert d'Artois, Investor Relations at (604) 329-0845 bobdartois@cmxgoldandsilver.com or Jan M. Alston, President & C.E.O. at (403) 457-2697 janalston@cmxgoldandsilver.com .

You can also visit the Company's Website: www.cmxgoldandsilver.com

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act"), or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

Cautionary Statement Regarding Forward-Looking Information

Certain information contained in this news release constitutes "forward-looking information" or "forward-looking statements" (collectively, "forward-looking information"). Without limiting the foregoing, such forward-looking information includes statements regarding the process and completion of the Offering, the use of proceeds of the Offering and any statements regarding the Company's business plans, expectations and objectives. In this news release, words such as "may", "would", "could", "will", "likely", "believe", "expect", "anticipate", "intend", "plan", "estimate" and similar words and the negative form thereof are used to identify forward-looking information. Forward looking information should not be read as guarantees of future performance or results, and will not necessarily be accurate indications of whether, or the times at or by which, such future performance will be achieved. Forward-looking information is based on information available at the time and/or the Company management's good faith belief with respect to future events and is subject to known or unknown risks, uncertainties, assumptions and other unpredictable factors, many of which are beyond the Company's control. For additional information with respect to these and other factors and assumptions underlying the forward-looking information made in this news release, see the Company's most recent Management's Discussion and Analysis and financial statements and other documents filed by the Company with the Canadian securities commissions and the discussion of risk factors set out therein. Such documents are available at www.sedar.com under the Company's profile and on the Company's website, https://cmxgoldandsilver.com/home. The forward-looking information set forth herein reflects the Company's expectations as at the date of this news release and is subject to change after such date. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by law.

NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES.

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Fabled Copper Corp. ("Fabled Copper" or the "Company") (CSE:FABL); (FSE:XZ7) announces additional results of 2021 surface field work on its Muskwa Copper Project. See Figure 1 below

Figure 1 - General Property Location

The Muskwa Project is comprised of the Neil Property, the Toro Property and the Bronson Property located in northern British Columbia. See Figure 2 below.

Peter Hawley, President, CEO reports; " The Bronson property comprises 4 mineral tenures covering approximately 2,524.6 hectares and the Book 9, 10 copper occurrence is now thought to be the potential southern extension of the Book 6 occurrence which would give the vein a total length of 1.6 kilometers. See Figure 3 below.

Figure 3 - Bronson Property, Book 9,10 Location

A total of 56 person days were spent on the property with 199 rock samples taken on 7 areas prospects which are the; Book 6, Book 9, Book 10, 428 Central, 428 South, PJ105 and PJ100. See Figure 4 below.

Figure 4 - Bronson Property, Area of 2021 Prospecting

The Book 9-10 Occurrence is located due south of the Book 6 Occurrence. Numerous examples of mineralized quartz-carbonate float,representing the northern part of the occurrence, were discovered on the western slope of the valley, 400 meters south of the southern exposure of the Book 6 Occurrence. See Photo 1 below.

Photo 1- Bronson Property Book 9-10 Veins

On July 18, 2021 22 float samples (D-723145- 149 & 151-167) were collected at ~5 meters intervals along 2 southeast trending lines, 30 meters apart, at elevations of 1,730-1,748 meters. See Table 1 and Photo 2 below.

Photo 2- Bronson Property Book 9-10 Veins

Three samples, D-723458, 161 & 167, with 3-30% chalcopyrite, that were collected on the north-eastern line, assayed greater than 1%copper (D-723167-9.78%, 161-2.14% & 158-1.13%). See Table 1 and Photo's 3, 4 below.

Photo 3- Bronson Property Book 9-10 Veins, Sample D-723167 - 9.78% Copper

Photo 4- Bronson Property Book 9-10 Veins, Sample D-723161 - 2.14% Copper

The other 19 samples had concentrations of 0-3% chalcopyrite and contained less than 1% copper, see table 1 below.

Table 1 - Bronson Property, Book 9 - 10 Occurrences

All samples taken were photographic and GPS location taken plus a metal sample tag left in place for future reference if required. All this data plus the assay results were geotagged and placed in a .kml /.kmz file for use such as google earth for easy reference. See Photo 5 below.

Photo 5 - Bronson Property, Book 9, 10 Geotagged data, Sample D-723167 - 9.78% Copper

Analytical results of sampling reported by Fabled Copper Corp represent rock samples submitted by Fabled Copper Corp staff directly to ALS Chemex, Vancouver, British Columbia Canada. Samples were crushed, split, and pulverized as per ALS Chemex method PREP-31, then analyzed for ME-ICP61 33 element package by four acid digestion with ICP-AES Finish. ME-GRA21 method for Au and Ag by fire assay and gravimetric finish, 30g nominal sample weight.

For samples triggering precious metal over-limit thresholds of 10 g/t Au or 100 g/t Ag, the following is being used:

Au-GRA21 Au by fire assay and gravimetric finish with 30 g sample.

Ag-GRA21 Ag by fire assay and gravimetric finish.

Fabled Copper Corp. monitors QA/QC using commercially sourced standards and locally sourced blank materials inserted within the sample sequence at regular intervals.

Fabled Copper is a junior mining exploration company. Its current focus is to creating value for stakeholders through the exploration and development of its existing copper properties located in northern British Columbia. The Muskwa Project comprises a total of 76 claims in two non-contiguous blocks and totals approximately 8,064.9 hectares, located in the Liard Mining Division in northern British Columbia.

Mr. Peter J. Hawley, President and C.E.O. Fabled Copper Corp. Phone: (819) 316-0919 peter@fabledcopper.org

For further information please contact: info@fabledcopper.org

The technical information contained in this news release has been approved by Peter J. Hawley, P.Geo. President and C.E.O. of Fabled, who is a Qualified Person as defined in National Instrument 43-101 - Standards of Disclosure for Mineral Projects.

The Canadian Securities Exchange does not accept responsibility for the adequacy or accuracy of this release.

Certain statements contained in this news release constitute "forward-looking information" as such term is used in applicable Canadian securities laws. Forward-looking information is based on plans, expectations and estimates of management at the date the information is provided and is subject to certain factors and assumptions, including, that the Company's financial condition and development plans do not change as a result of unforeseen events and that the Company obtains any required regulatory approvals.

Forward-looking information is subject to a variety of risks and uncertainties and other factors that could cause plans, estimates and actual results to vary materially from those projected in such forward-looking information. Some of the risks and other factors that could cause results to differ materially from those expressed in the forward-looking statements include, but are not limited to: impacts from the coronavirus or other epidemics, general economic conditions in Canada, the United States and globally; industry conditions, including fluctuations in commodity prices; governmental regulation of the mining industry, including environmental regulation; geological, technical and drilling problems; unanticipated operating events; competition for and/or inability to retain drilling rigs and other services; the availability of capital on acceptable terms; the need to obtain required approvals from regulatory authorities; stock market volatility; volatility in market prices for commodities; liabilities inherent in mining operations; changes in tax laws and incentive programs relating to the mining industry; as well as the other risks and uncertainties applicable to the Company as set forth in the Company's continuous disclosure filings filed under the Company's profile at www.sedar.com. The Company undertakes no obligation to update these forward-looking statements, other than as required by applicable law.

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Copper Fox Metals Inc. (TSXV: CUU) (OTCQX: CPFXF) (FSE: HPU) ('Copper Fox' or the 'Company'), through its wholly owned subsidiary Desert Fox Copper Inc., are pleased to provide 2022 plans to advance its 100% owned Van Dyke copper project located in the Globe-Miami Mining District, Arizona.

The Van Dyke project is an in-situ copper recovery ('ISCR') project, located in a Tier 1 mining jurisdiction surrounded by existing infrastructure. In early 2021, a Preliminary Economic Assessment, prepared in accordance with National Instrument 43-101, (click here for the News Release) suggested that the project should be advanced to the Preliminary Feasibility Stage and has the potential to become a mid-tier copper mine. Highlights of the proposed 2022 program are set out below:

Elmer B. Stewart, President and CEO of Copper Fox stated, "Adopting a staged, multi-purpose approach is a capital effective mechanism to advance the Van Dyke project to the Preliminary Feasibility Stage. The Phase I activities are designed to establish a base on which to advance the project to Phase II which includes additional drilling designed to expand the hydrogeological monitoring system and collection of data related to resource expansion/upgrading and metallurgical and geotechnical aspects of the project. Copper Fox's activities are conducted on a transparent and inclusive basis in line with its ESG policy guidelines."

Archeological, Cultural and Biological Studies: Compliance with State and Federal statutes is a fundamental aspect of project development. To ensure that planned activities are protective of any sites that may have archeological and cultural significance, and to avoid any adverse impacts to plant and animal communities present within the project area, surveys covering these important aspects of project development are underway.

Phase I: The 2022 program is designed to establish new hydrogeological monitoring sites utilizing existing drill holes where possible. The 2022 program will investigate the possibility of rehabilitating these wells as future hydrogeological monitoring sites. If it is determined that these wells can be rehabilitated, then testing of these drill holes to establish a baseline for water levels and quality would follow which would vastly improve the current understanding of the hydrogeological setting for the Project site.

The proposed testing program is expected to establish the range of hydraulic properties of the primary groundwater bearing units and structures, groundwater flow directions (vertical and horizontal hydraulic head distribution), communication of flows between geological units (boundary conditions), as well as hydrogeologic influences from historical and current mining workings located on adjacent properties and on the Project site itself.

The data obtained from Phase I activities (monitoring and testing) would support the development of a conceptual 3D numerical groundwater model and identify areas of uncertainty and guide a second phase of field work to further refine the model for the purpose of supporting potential future regulatory applications.

Existing Monitoring Well Rehabilitation and Surveying: Three inactive monitoring locations (drill holes VD14-2, VD14-3, and VD-14-5) and five inactive wells (drill holes M-5, M-6, OXY-42, OXY-43, and OXY-47A), as well as the existing Van Dyke mine shaft have been selected for surveying using a downhole video camera to document and assess the potential of re-entering and instrumenting these drill holes. Assuming positive results from the downhole video survey:

For drill holes VD14-2, VD14-3, and VD-14-5; the condition of previously installed Vibrating Wire Piezometers(VWP) installations and data loggers will be inspected, and any repairs or maintenance undertaken. The goal will be to put the VWPs back into active operation to support ongoing data collection if possible and quarterly data downloads.

Phase II: Upon completion of the Phase I activities, Phase II will consist of the installation of at least eight new groundwater monitoring well clusters. (each cluster consisting of three drill holes) to establish a broader hydrogeological monitoring system to conduct ongoing data collection that will include water level data, groundwater quality sampling, and pump tests of various durations (i.e., 48 (forty-eight) hours, one week, and one month) at selected locations. The purpose of the test work will be to collect data on the:

The results of the pump testing can be used to improve the understanding of the hydrogeological conceptual model for the Project site, as well as improve the accuracy of the groundwater numerical model.

Refinement of Hydrogeological Conceptual Model: The development of a conceptual hydrogeological model for the Project is in progress and relies on the existing geological model as a starting point. As the Phase I and II field data are collected, the conceptual model forms the basis for the development of a numerical 3D hydrogeological model that will be used as a predictive tool for project. The development of the numerical model will be an ongoing iterative process that will help to decrease regulatory risk and improve both mining and environmental performance. The predictions provided by the model will support Project design, operations, and closure/post-closure planning. The development of an accurate and detailed numerical hydrogeological model is a key requirement that will support the preparation of future permit applications which will be subject to expert technical reviews conducted by federal and state authorities.

Elmer B. Stewart, MSc. P. Geol., President, and CEO of Copper Fox, is the Company's non-independent, nominated Qualified Person pursuant to National Instrument 43-101, Standards for Disclosure for Mineral Projects, and has reviewed and approves the scientific and technical information disclosed in this news release.

About Copper Fox: Copper Fox is a Tier 1 Canadian resource company listed on the TSX Venture Exchange (TSXV: CUU) focused on copper exploration and development in Canada and the United States. The principal assets of Copper Fox and its wholly owned Canadian and United States subsidiaries, being Northern Fox Copper Inc. and Desert Fox Copper Inc., are the 25% interest in the Schaft Creek Joint Venture with Teck Resources Limited on the Schaft Creek copper-gold-molybdenum-silver project located in northwestern British Columbia and the 100% ownership of the Van Dyke oxide copper project located in Miami, Arizona. For more information on Copper Fox's other mineral properties and investments visit the Company's website at http://www.copperfoxmetals.com.

On behalf of the Board of Directors

Elmer B. Stewart President and Chief Executive Officer

Lynn Ball: investor@copperfoxmetals.com (844) 464-2820 or (403) 264-2820

Neither the 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 release.

Cautionary Note Regarding Forward-Looking Information This news release contains forward-looking statements within the meaning of the Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and forward-looking information within the meaning of the Canadian securities laws (collectively, "forward-looking information"). Forward-looking information is identifiable by use of the words "believes," "may," "plans," "will," "anticipates," "intends," "budgets," "could," "estimates", "expects", "forecasts", "projects" and similar expressions, and the negative of such expressions. Forward-looking information in this news release includes statements regarding; advancing the Van Dyke project to the Preliminary Feasibility Stage; the project having potential to be a mid-tier copper mine; adoption of a two-phase program being capital effective; Phase I establishing a base to advance to Phase II; rehabilitating existing drill holes.

In connection with the forward-looking information contained in this news release, Copper Fox and its subsidiaries have made numerous assumptions regarding, among other things: the geological advice that Copper Fox has received is reliable and is based upon practices and methodologies which are consistent with industry standards and the reliability of historical reports. While Copper Fox considers these assumptions to be reasonable, these assumptions are inherently subject to significant uncertainties and contingencies.

Additionally, there are known and unknown risk factors which could cause Copper Fox's actual results, performance, or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information contained herein. Known risk factors include, among others: the surveys may not provide the information needed to advance the project; the existing drill holes may not be able to be rehabilitated; Phase I program may not be completed as planned or at all; the cost of Phase I, estimated at US$240,000, may not be sufficient to cover the cost of the activities; Phase II program may not be completed as planned or at all; the financial markets and the overall economy may deteriorate; the need to obtain additional financing and uncertainty of meeting anticipated program milestones; uncertainty as to timely availability of permits and other governmental approvals.

A more complete discussion of the risks and uncertainties facing Copper Fox is disclosed in Copper Fox's continuous disclosure filings with Canadian securities regulatory authorities at www.sedar.com. All forward-looking information herein is qualified in its entirety by this cautionary statement, and Copper Fox disclaims any obligation to revise or update any such forward-looking information or to publicly announce the result of any revisions to any of the forward-looking information contained herein to reflect future results, events, or developments, except as required by law.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/130683

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Getchell Gold Corp. (CSE: GTCH) (OTCQB: GGLDF) ("Getchell" or the "Company") announces that it has awarded incentive stock options pursuant to its stock option plan, to various directors, officers, and consultants of the Company, to purchase up to an aggregate of 2,110,000 common shares of the Company. The stock options are exercisable at a price of $0.57 per share and will expire five years from the date of grant.

The Company is a Nevada focused gold and copper exploration company trading on the CSE: GTCH and OTCQB: GGLDF. Getchell Gold is primarily directing its efforts on its most advanced stage asset, Fondaway Canyon, a past gold producer with a significant in-the-ground historic resource estimate. Complementing Getchell's asset portfolio is Dixie Comstock, a past gold producer with a historic resource and two earlier stage exploration projects, Star (Cu-Au-Ag) and Hot Springs Peak (Au). Getchell has the option to acquire 100% of the Fondaway Canyon and Dixie Comstock properties, Churchill County, Nevada.

The Company reiterates that its near-term strategy to advance its assets is not impacted by the COVID-19 Corona virus. The Company continues to monitor the situation and is in compliance with all government guidelines.

For further information please visit the Company's website at www.getchellgold.com or contact the Company at info@getchellgold.com.

Mr. William Wagener, Chairman & CEO

Getchell Gold Corp. 1-647-249-4798 info@getchellgold.com

The Canadian Securities Exchange has not reviewed this press release and does not accept responsibility for the adequacy or accuracy of this news release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/130716

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Tartisan Nickel Corp. (CSE: TN) (OTCQX: TTSRF) (FSE: 8TA) ("Tartisan", or the "Company") is pleased to announce the completion of a positive Preliminary Economic Assessment ("PEA") for the 100% owned Kenbridge Nickel Project. The Kenbridge Nickel Project is in the Kenora Mining District, Northwestern Ontario. Kenbridge has an existing shaft to a depth of 2,042 ft (622 m), with level stations at 150 ft. (45 m) intervals below the shaft collar and two levels developed at 350 ft (107 m) and 500 ft (152 m) below the shaft collar.

The PEA was independently prepared by P&E Mining Consultants Inc. ("P&E") of Brampton, Ontario under the supervision of Eugene J. Puritch, P.Eng., FEC, CET.

Highlights of the PEA (All currency is $CDN unless stated otherwise)

This PEA is focused solely on mining of the Mineral Resources at the Kenbridge Nickel Project underground mine and provides a solid base case for moving the Kenbridge Project forward. The PEA indicates a 9-year mine plan based on a 1,500 tonne per day underground mining and processing operation. The mine plan assumes the potentially extractable tonnage of Measured, Indicated and Inferred Mineral Resources which assumes overall dilution of 47% (18% internal dilution from stope designs plus 29% external dilution) and a 94% mine recovery factor. Measured and Indicated Mineral Resources represent 3,508,000 tonnes at 0.70% Ni, 0.35% Cu and 0.01% Co (54 Mlb Ni, 27 Mlb Cu). Inferred Mineral Resources represent 1,013,000 tonnes at 1.21% Ni, 0.56% Cu and 0.01% Co (27 Mlb Ni, 13 Mlb Cu). Metal prices are based on long-term industry consensus forecast with nickel representing the primary contribution to revenues. USD metal prices used in the PEA were USD$10/lb Ni, USD$4/lb Cu and USD$26/lb Co. A $USD:$CDN exchange rate of 0.78 is applied. Life of mine ("LOM") processing recovers 200,900 tonnes of nickel concentrate at 15% Ni and 66,900 tonnes of copper concentrate at 24% Cu. This results in 52.6 million lbs of payable Ni and 30.7 million lbs of payable Cu.

LOM revenues from net smelter returns are estimated at $837 million. LOM operating costs are estimated at $292 million. Mining costs are estimated at $38.94 per tonne mined, processing costs are $17.74 per tonne and G&A costs are $7.96 per tonne. Cash operating costs are estimated at US$3.76/lb NiEq and all-in sustaining costs ("AISC") are US$4.99/lb NiEq. LOM capital costs are estimated at $227 million and include pre-production capital costs of $134 million. Pre-tax Net Present Value ("NPV") is estimated at $183 million using a 5% discount rate. Pre-tax Internal Rate of Return ("IRR") is 26%.

Net cash flow of $837 million less operating costs of $292 million less royalties of $22 million less closure costs of $10 million less capital expenditures of $227 million less taxes of $105 million results in an after-tax cash flow of $180 million. After-tax NPV using a 5% discount rate is estimated at $109 million and after-tax IRR is estimated at 20%. Financial highlights are shown in Tables 1 and 2 below.

Mark Appleby, President and CEO of Tartisan, states: "We are extremely pleased with the results of the PEA which is focused solely on the current underground Mineral Resource. There remains excellent potential to increase and upgrade the quality of the near surface mineralization at Kenbridge thereby adding additional years of production or providing the basis for an increase in annual throughput. By adjusting the mining plan to be an underground operation it allows Tartisan to utilize the existing shaft infrastructure thereby accessing higher grades of mineralization early in the proposed mine life. The PEA provides compelling evidence to move towards Feasibility and for the Kenbridge Nickel Project to move into production. The Company has commenced the necessary baseline studies which are essential and necessary in Project Permitting and is upgrading the access road to site with completion anticipated in September 2022. Tartisan continues to develop positive relationships with its surrounding First Nations through its First Nation consulting partner Talon Resources and Community development Inc. Every effort is being made for the Tartisan Kenbridge Project to become a part of the nickel supply chain this decade!"

Table 1: Net Present Value and Internal Rate of Return Calculations

The previous Mineral Resource Estimate on the Kenbridge Project was disclosed on September 2, 2020, and was based on a combination of pit-constrained and out-of-pit Mineral Resources. There has since been 10 holes drilled in 2021. Updated engineering studies have indicated that potential pit-constrained Mineral Resources are less economic than out-of-pit Mineral Resources. Therefore, the new drill holes have been incorporated into an updated Mineral Resource Estimate based on a potential underground mining operation, as presented in Table 3 below. The effective date of the Mineral Resource is July 6, 2022.

Note: Ni =Nickel Cu = Copper, Co = Cobalt, NSR = Net Smelter Return.

1. Mineral Resources which are not Mineral Reserves do not have demonstrated economic viability. 2. The estimate of Mineral Resources may be materially affected by environmental, permitting, legal, title, taxation, socio-political, marketing, or other relevant issues. 3. The Inferred Mineral Resource in this estimate has a lower level of confidence than that applied to an Indicated Mineral Resource and must not be converted to a Mineral Reserve. It is reasonably expected that the majority of the Inferred Mineral Resource could be upgraded to an Indicated Mineral Resource with continued exploration. 4. The Mineral Resources were estimated using the Canadian Institute of Mining, Metallurgy and Petroleum (CIM), CIM Standards on Mineral Resources and Reserves, Definitions and Guidelines (2014) and Best Practices Guidelines (2019) prepared by the CIM Standing Committee on Reserve Definitions and adopted by the CIM Council. 5. The Mineral Resource Estimate is based on US$ metal prices of $8.25/lb Ni, $4.00/lb Cu, $26/lb Co. The US$:CDN$ exchange rate used was 0.76. 6. The NSR estimate uses flotation recoveries of 75% for Ni, 77% for Cu, 40% for Co and smelter payables of 92% for Ni, 96% for Cu, 50% for Co. 7. Mineral Resources were determined to be potentially extractable with the longhole mining method based on an underground mining cost of $77/t mined, processing of $19/t and G&A costs of $4/t.

Cautionary Statement - The reader is advised that the PEA summarized in this news release is intended to provide only an initial, high-level review of the project potential and design options. The PEA mine plan and economic model include numerous assumptions and the use of Inferred Mineral Resources. Inferred Mineral Resources are considered to be too speculative to be used in an economic analysis except as allowed by NI 43-101 in PEA studies. There is no guarantee the project economics described herein will be achieved.

Tartisan Nickel Corp. is a Canadian based mineral exploration and development company whose flagship asset is the Kenbridge Nickel-Copper Project located in the Kenora Mining District, Northwestern Ontario. Tartisan also owns; the Sill Lake Silver Property in Sault St. Marie, Ontario as well as the Don Pancho Manganese-Zinc-Lead-Silver Project in Peru.

Tartisan Nickel Corp. common shares are listed on the Canadian Securities Exchange (CSE: TN) (OTCQX: TTSRF) (FSE: 8TA). Currently, there are 108,922,503 shares outstanding (120,218,018 fully diluted).

Dean MacEachern, P.Geo. and Eugene Puritch, P.Eng, FEC, CET are the respective Company and independent Qualified Persons under NI 43-101 and have read and approved the technical content of this News Release.

The Company will file the PEA on SEDAR at www.sedar.com in accordance with NI 43-101 within 45 days of this news release.

For further information, please contact Mark Appleby, President & CEO, and a Director of the Company, at 416-804-0280 (info@tartisannickel.com). Additional information about Tartisan Nickel Corp. can be found at the Company's website at www.tartisannickel.com or on SEDAR at www.sedar.com.

This news release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore, involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.

The Canadian Securities Exchange (operated by CNSX Markets Inc.) has neither approved nor disapproved of the contents of this press release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/130620

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Victory Resources Corporation (CSE:VR)(FWB:VR61)(OTC PINK:VRCFF) ("Victory" or the "Company") is pleased to announce that the Company's has begun its first work program on its recently acquired Georgia Lake Lithium Project in the Thunder Bay Mining District, Ontario

"We are excited to begin our first work program at our fully owned Georgia Lake property, which is based in the proven Lithium region within the Thunder Bay District," said Mr. Mark Ireton, Victory Resources President and CEO. "Victory's Georgia Lake property is ideally situated in a proven lithium region, and one with mining infrastructure supported by the Government of Ontario and from Rock Tech, which will allow us to realize the full potential of any commercially viable deposits within the project."

As it relates to Victory's press release on 5 July 2022, Terms of the Agreement for the 100% acquisition of the Company's Stingray II property are $10,000 in cash and 2.5 million common shares payable on Regulatory and Exchange approval.

The technical information contained in this news release has been reviewed and approved by Bob Marvin (PGeo), who is a Qualified Person as defined under National Instrument 43-101.

For further information, please contact:

Mark Ireton, President Telephone: +1 (236) 317 2822 or TOLL FREE 1 (855) 665-GOLD (4653) E-mail: IR@victoryresourcescorp.com

Victory Resources Corporation (CSE: VR) is a publicly traded diversified investment corporation with mineral interests in North America. The Company is also actively seeking other exploration opportunities.

Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.

Certain information set forth in this news release may contain forward-looking statements that involve substantial known and unknown risks and uncertainties. All statements other than statements of historical fact are forward-looking statements, including, without limitation, statements regarding future financial position, business strategy, use of proceeds, corporate vision, proposed acquisitions, partnerships, joint-ventures and strategic alliances and co-operations, budgets, cost and plans and objectives of or involving the Company. Such forward-looking information reflects management's current beliefs and is based on information currently available to management. Often, but not always, forward-looking statements can be identified by the use of words such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "predicts", "intends", "targets", "aims", "anticipates" or "believes" or variations (including negative variations) of such words and phrases or may be identified by statements to the effect that certain actions "may", "could", "should", "would", "might" or "will" be taken, occur or be achieved. A number of known and unknown risks, uncertainties and other factors may cause the actual results or performance to materially differ from any future results or performance expressed or implied by the forward-looking information. These forward-looking statements are subject to numerous risks and uncertainties, certain of which are beyond the control of the Company including, but not limited to, the impact of general economic conditions, industry conditions and dependence upon regulatory approvals. Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements. The Company does not assume any obligation to update or revise its forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by securities laws.

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