HIGHLIGHTS:

• High Grade Panel
  • 161.0 metres @ 4.26 grams per tonne (g/t) gold including
  • 30.0 metres @ 10.1 g/t gold, and
  • 15.7 metres @ 10.4 g/t gold

• Parallel Panel
  • 3.0 metres @ 21.4 g/t gold

• Satellite hit (over 150m below High Grade Panel)
  • 24.0 metres @ 5.10 g/t gold

Heliostar Metals Ltd. (TSXV: HSTR) (OTCQX: HSTXF) (FSE: RGG1) (‘Heliostar’ or the ‘Company’) is pleased to announce additional results from the 100% owned Ana Paula project in Guerrero, Mexico. The Company has drilled 3,210 metres in phase one of the program and will follow-up the best results with a second phase program.

Heliostar CEO, Charles Funk, commented, ‘Drilling at Ana Paula continues to demonstrate the deposit’s most unique aspect; long intervals of consistent high-grade gold mineralization. The drill program is both expanding the boundaries of the High Grade Panel and infilling sections to upgrade resource classifications. We continue to intersect satellite zones that are open to expansion including 24 metres grading 5.10 g/t gold, over 150 metres below the base of the High Grade Panel and 3 metres grading 21.4 g/t gold in the Parallel Panel. These indicate that more infill drilling can add higher grade ounces to the Ana Paula resource model.’

Drill Results

The focus of the holes reported today was to expand the High Grade Panel and test step-out targets at depth beneath this zone. Hole AP-24-321 is on the same section as AP-24-317, and AP-24-318 is a step-out to the West of this section, and these two holes are building out confidence in the northern and southern boundaries of the High Grade Panel.

Hole AP-24-318 shows a 161-metre-long interval of consistent gold mineralization grading 4.26 g/t gold from 101 metres downhole with multiple higher-grade subzones, including 30 metres grading 10.1 g/t gold.

Hole AP-24-321 intersected a zone of limestone to the north of hole AP-24-317, which intersected an interval of 87.8 metres grading 16.0 g/t gold. At the upper contact of this limestone, hole AP-24-321 encountered 15.7 metres grading 10.4 g/t gold from 167.6 metres downhole. This suggests that the very high grades in AP-24-317 are due to gold concentrating along a geological contact.

Hole AP-24-321 also intercepted a deeper interval of 13 metres grading 3.5 g/t gold from 327 metres downhole that may be a narrow depth extension beneath the High Grade Panel.

Hole AP-24-319 is, we believe, perhaps the most interesting of today’s results. It was the first north to south hole on a new cross-section through the deposit and hit multiple gold zones. It intersected 3 metres grading 21.4 g/t gold from 111 metres downhole in a step down in the Parallel Panel. Beneath the High Grade Panel, it returned a best intercept of 4.6 metres grading 7.9 g/t gold from 189 metres downhole amongst multiple narrow intercepts. These zones suggest good potential to extend the High Grade Panel deeper than currently modelled on this section.

Further downhole again in AP-24-319, a broad satellite zone over 150 metres beneath the High Grade Panel with 24 metres grading 5.1 g/t gold from 349 metres downhole has room to expand above and below the drillhole.

Hole AP-24-320 was drilled to the east of the High Grade Panel and returned 1.0 metres grading 5.0 g/t gold from 102 metres downhole.

To date, the Company has completed nine holes for a total of 3,210.1 metres. The team also completed four geotechnical and water monitoring holes to the end of 2024.

Figure 1: A West to East section with the resource model from 2023 Mineral Resource Estimate highlighting the High Grade Panel (clipped to greater than 2 g/t gold resource blocks). Recent drill results are highlighted.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/7729/241611_11f28ed5a4fc78a8_003full.jpg

Figure 2: A cross section with the resource model from 2023 Mineral Resource Estimate highlighting the High Grade Panel (clipped to greater than 2 g/t gold resource blocks) and new holes AP-24-318 and AP-24-321.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/7729/241611_11f28ed5a4fc78a8_004full.jpg

Figure 3: A cross section with the resource model from 2023 Mineral Resource Estimate highlighting the High Grade Panel (clipped to greater than 2 g/t gold resource blocks) and new hole AP-24-319.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/7729/241611_11f28ed5a4fc78a8_005full.jpg

Drilling Results and Coordinates Tables

Table 1: Significant Drill Intersections

Table 2: Drill Hole Details

Heliostar Metals Included In 2024 TSX Venture 50

Heliostar Metals is further pleased to announce that it has been included in the 2024 TSX Venture 50 list. The TSX Venture 50 is a ranking of the top fifty performing companies on the TSXV over the prior year.

TSX Venture 50 is an annual ranking of the top-performing companies over the last year on the TSX Venture Exchange, a world-leading capital formation platform for early-stage growth firms. The companies are ranked based on three equally weighted criteria of one-year share price appreciation, market capitalization increase, and Canadian consolidated trading value.

The Company takes pride in its share performance in 2024 and the benefits that it brings our shareholders. We believe the steps we took in 2024 have set the company up for strong growth again in 2025 and beyond.

Quality Assurance / Quality Control

Core samples were shipped to ALS Limited in Zacatecas, Zacatecas and Hermosillo, Sonora, Mexico for sample preparation and for analysis at the ALS laboratory in North Vancouver. The Zacatecas, Hermosillo and North Vancouver ALS facilities are ISO/IEC 17025 certified. Gold was assayed by 30-gram fire assay with atomic absorption spectroscopy finish and overlimits were analysed by 30-gram fire assay with gravimetric finish.

Control samples comprising certified reference and blank samples were systematically inserted into the sample stream and analyzed as part of the Company’s quality assurance / quality control protocol.

Statement of Qualified Person

Stewart Harris, P.Geo., a Qualified Person, as such term is defined by National Instrument 43-101 – Standards of Disclosure for Mineral Projects, has reviewed the scientific and technical information that forms the basis for this news release and has approved the disclosure herein. Mr. Harris is employed as Exploration Manager of the Company.

About Heliostar Metals Ltd.

Heliostar aims to grow to become a mid-tier gold producer. The Company is focused on developing the 100% owned Ana Paula Project in Guerrero, Mexico and has recently entered into an agreement to acquire a portfolio of production and development assets in Mexico.

FOR ADDITIONAL INFORMATION PLEASE CONTACT:

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.

Cautionary Statement Regarding Forward-Looking Information

This news release includes certain ‘Forward-Looking Statements’ within the meaning of the United States Private Securities Litigation Reform Act of 1995 and ‘forward-looking information’ under applicable Canadian securities laws. When used in this news release, the words ‘anticipate’, ‘believe’, ‘estimate’, ‘expect’, ‘target’, ‘plan’, ‘forecast’, ‘may’, ‘would’, ‘could’, ‘schedule’ and similar words or expressions, identify forward-looking statements or information. These forward-looking statements or information relate to, among other things, The drill program is both expanding the boundaries of the High Grade Panel and infilling sections to upgrade resource classifications and these indicate that more infill drilling can add higher grade ounces to the overall Ana Paula resource model.

Forward-looking statements and forward-looking information relating to the terms and completion of the Facility, any future mineral production, liquidity, and future exploration plans are based on management’s reasonable assumptions, estimates, expectations, analyses and opinions, which are based on management’s experience and perception of trends, current conditions and expected developments, and other factors that management believes are relevant and reasonable in the circumstances, but which may prove to be incorrect. Assumptions have been made regarding, among other things, the receipt of necessary approvals, price of metals; no escalation in the severity of public health crises or ongoing military conflicts; costs of exploration and development; the estimated costs of development of exploration projects; and the Company’s ability to operate in a safe and effective manner and its ability to obtain financing on reasonable terms.

These statements reflect the Company’s respective current views with respect to future events and are necessarily based upon a number of other assumptions and estimates that, while considered reasonable by management, are inherently subject to significant business, economic, competitive, political and social uncertainties and contingencies. Many factors, both known and unknown, could cause actual results, performance, or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward-looking statements or forward-looking information and the Company has made assumptions and estimates based on or related to many of these factors. Such factors include, without limitation: precious metals price volatility; risks associated with the conduct of the Company’s mining activities in foreign jurisdictions; regulatory, consent or permitting delays; risks relating to reliance on the Company’s management team and outside contractors; risks regarding exploration and mining activities; the Company’s inability to obtain insurance to cover all risks, on a commercially reasonable basis or at all; currency fluctuations; risks regarding the failure to generate sufficient cash flow from operations; risks relating to project financing and equity issuances; risks and unknowns inherent in all mining projects, including the inaccuracy of reserves and resources, metallurgical recoveries and capital and operating costs of such projects; contests over title to properties, particularly title to undeveloped properties; laws and regulations governing the environment, health and safety; the ability of the communities in which the Company operates to manage and cope with the implications of public health crises; the economic and financial implications of public health crises, ongoing military conflicts and general economic factors to the Company; operating or technical difficulties in connection with mining or development activities; employee relations, labour unrest or unavailability; the Company’s interactions with surrounding communities; the Company’s ability to successfully integrate acquired assets; the speculative nature of exploration and development, including the risks of diminishing quantities or grades of reserves; stock market volatility; conflicts of interest among certain directors and officers; lack of liquidity for shareholders of the Company; litigation risk; and the factors identified under the caption ‘Risk Factors’ in the Company’s public disclosure documents. Readers are cautioned against attributing undue certainty to forward-looking statements or forward-looking information. Although the Company has attempted to identify important factors that could cause actual results to differ materially, there may be other factors that cause results not to be anticipated, estimated or intended. The Company does not intend, and does not assume any obligation, to update these forward-looking statements or forward-looking information to reflect changes in assumptions or changes in circumstances or any other events affecting such statements or information, other than as required by applicable law.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/241611

Riverside Resources Inc. (TSXV: RRI) (OTCQB: RVSDF) (FSE: 5YY) (‘Riverside’ or the ‘Company’), is pleased to announce that it has received the TSX Venture Exchange’s conditional approval for the previously announced spin-out of Blue Jay Gold Corp. (‘Blue Jay’) by way of a statutory plan of arrangement (the ‘Arrangement’) pursuant to the arrangement provisions of the Business Corporations Act (British Columbia). The Arrangement will be voted on by Riverside shareholders at its Annual General and Special Shareholder Meeting scheduled for March 31, 2025 (the ‘Meeting’). This potential share distribution offers Riverside shareholders, prior to the record date, a similar opportunity to the previous Capitan Silver (CAPT.V) spin-out. In that transaction, Riverside shareholders received shares of Capitan Silver, which have since doubled in value compared to their price at the time of the spinout.

The Arrangement aligns with Riverside’s strategic plans and key 2025 catalysts, positioning the company for continued progress in the coming months. As part of this strategy, Riverside will retain royalties on each of its Ontario gold projects-Pichette, Oakes, and Duc-adding to its growing portfolio of mineral royalties across the U.S., Canada, and Mexico. Additionally, Riverside is actively working on gold, copper, and rare earth element (REE) projects in British Columbia and Sonora, Mexico, with exploration programs funded by partners. These partnerships provide Riverside with carried interests and potential future royalties, further enhancing long-term value for shareholders. Additional information concerning the Arrangement is contained in Riverside’s news release dated January 28, 2025 and will be provided to Riverside shareholders in an information circular in respect of the Meeting.

‘The spinout of Blue Jay Gold is an exciting opportunity for Riverside shareholders to gain direct exposure to a new, focused gold exploration company,’ said John-Mark Staude, CEO of Riverside Resources. ‘Under the Arrangement, shareholders will receive one share of Blue Jay Gold for every five shares of Riverside held, giving them a stake in a company dedicated to advancing these high-potential Ontario gold projects. We’ve seen this strategy create additional value in the past. Our previous spinout of Capitan Mining gave shareholders direct ownership in a separate exploration company, and those shares went on to appreciate significantly. By structuring Blue Jay Gold in a similar way, we are unlocking the potential of these assets while allowing Riverside to retain upside through royalties. This approach can provide both immediate and long-term value for our shareholders.’

In a recent interview, John-Mark Staude, President of Riverside Resources, and Geordie Mark, CEO of Blue Jay Gold, discuss their 2025 plans, including the upcoming Blue Jay Gold spin-out and exploration initiatives in Ontario and Mexico. Listen to the full conversation here: https://www.kereport.com/2025/02/21/riverside-resources-plans-for-2025-blue-jay-gold-spin-out-update-ontario-gold-projects/.

The Company has taken an additional key step toward completing the spinout with the filing of the National Instrument 43-101 Technical Report for the Pichette Project in Ontario with the TSX Venture Exchange. This report provides scientific data and general context for interested parties to review. The filing aligns with the authorization process for Riverside’s planned Blue Jay Gold share spinout, which will be voted on at the AGM at the end of March. A similar approach was used for Capitan Mining.

The Company has engaged the services of ICP Securities Inc. (‘ICP’) to provide automated market making services, including use of its proprietary algorithm, ICP Premium, in compliance with the policies and guidelines of the TSX Venture Exchange and other applicable legislation. ICP will be paid a monthly fee of C$7,500, plus applicable taxes. The agreement between the Company and ICP was signed with a start date of February 24, 2025, and is for four (4) months (the ‘Initial Term’) and shall be automatically renewed for subsequent one (1) month terms (each month called an ‘Additional Term’) unless either party provides at least thirty (30) days written notice prior to the end of the Initial Term or an Additional Term, as applicable. There are no performance factors contained in the agreement and no stock options or other compensation in connection with the engagement. ICP and its clients may acquire an interest in the securities of the Company in the future.

ICP is an arm’s length party to the Company. ICP’s market making activity will be primarily to correct temporary imbalances in the supply and demand of the Company’s shares. ICP will be responsible for the costs it incurs in buying and selling the Company’s shares, and no third party will be providing funds or securities for the market making activities.

Qualified Person for the NI 43-101 Report on Pichette Project

Locke Goldsmith, P Geo, P Eng is the qualified person and independent of the Company for the purpose of this transaction and this technical report which has been submitted to the TSX Venture Exchange.

About ICP Securities Inc.

ICP Securities Inc. is a Toronto based CIRO dealer-member that specializes in automated market making and liquidity provision, as well as having a proprietary market making algorithm, ICP Premium, that enhances liquidity and quote health. Established in 2023, with a focus on market structure, execution, and trading, ICP has leveraged its own proprietary technology to deliver high quality liquidity provision and execution services to a broad array of public issuers and institutional investors.

About Riverside Resources Inc.

Riverside is a well-funded exploration company driven by value generation and discovery. The Company has over $4M in cash, no debt and less than 75M shares outstanding with a strong portfolio of gold-silver and copper assets and royalties in North America. Riverside has extensive experience and knowledge operating in Mexico and Canada and leverages its large database to generate a portfolio of prospective mineral properties. In addition to Riverside’s own exploration spending, the Company also strives to diversify risk by securing joint-venture and spin-out partnerships to advance multiple assets simultaneously and create more chances for discovery. Riverside has properties available for option, with information available on the Company’s website at www.rivres.com.

ON BEHALF OF Riverside Resources Inc.

‘John-Mark Staude’

Dr. John-Mark Staude, President & CEO

Certain statements in this press release may be considered forward-looking information. These statements can be identified by the use of forward-looking terminology (e.g., ‘expect’,’ estimates’, ‘intends’, ‘anticipates’, ‘believes’, ‘plans’). Such information involves known and unknown risks — including the availability of funds, the results of financing and exploration activities, the interpretation of exploration results and other geological data, or unanticipated costs and expenses and other risks identified by Riverside in its public securities filings that may cause actual events to differ materially from current expectations. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release.

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.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/241826

Silver47 Exploration Corp. (TSXV: AGA) (‘Silver47’ or the ‘Company), is pleased to announce that, due to strong investor demand, it has increased the size and modified its non-brokered private placement previously announced on February 19, 2025 (the ‘Offering’ ).

The Offering will include the sale of the following securities (collectively, the ‘Securities‘):

1. Up to 15,000,000 units of the Company at $0.50 each (the ‘Units‘), for aggregate gross proceeds of up to $7,500,000. Each Unit will consist of one common share in the capital of the Company (a ‘Common Share‘) and one-half of one Common Share purchase ‎warrant (a ‘Half-Warrant‘, with two Half-Warrants being referred to as a ‘Warrant‘). Each Warrant shall entitle the holder thereof to acquire one Common Share (each, a ‘Warrant Share‘) at a price of $0.75‎ within 36 months ‎following issuance; and

2. Up to 877,192 flow-through units of the Company (the ‘FT Units‘) at a price of $0.57 per FT Unit, for aggregate gross proceeds of up to $500,000. Each FT Unit will consist of one Common Share and a Half-Warrant (subject to the same terms as indicated above), each issued as a ‘flow-through share’ pursuant to the Income Tax Act (Canada).

The net proceeds from the sale of the Units will be used to fund exploration activities at the Red Mountain Project in Alaska and for general working capital and gross proceeds from the sale of FT Units will be used for exploration expenditures at the Company’s Adams Plateau Project in British Columbia.

The proceeds from the sale of the FT Units will be used to incur eligible ‘Canadian exploration expenses’ that qualify as ‘flow-through mining expenditures’ as both terms are defined in the Income Tax Act (Canada), and for British Columbia subscribers, ‘BC flow-through mining expenditures’ as defined in the Income Tax Act (British Columbia), (the ‘Qualifying Expenditures‘) on the Company’s Adams Plateau Project, with such expenses to be incurred on or before December 31, 2026, and the Company will renounce all the Qualifying Expenditures in favour of the subscribers of the FT Units effective December 31, 2025.

Completion of the Offering remains subject to the approval of the TSX Venture Exchange (the ‘TSXV‘). All securities issued in connection with the Offering will be subject to a hold period of four months and one day from the date of issuance under applicable securities laws. The Company anticipates paying finders’ fee, payable in cash and/or non-transferable finders’ warrants, to certain eligible parties who introduce subscribers to the Offering. Closing of the Offering is expected to occur on or about March 12, 2025, or on any other date or dates as the Company may determine.

Certain directors and officers of the Company plan to acquire securities under the Offering. The issuance of securities to such insiders would be considered a ‘related party transaction’ as defined under Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions (‘MI 61-101‘). The Company is relying on exemptions from the formal valuation and minority shareholder approval requirements of MI 61-101 as the Company is listed on the TSXV and neither the fair market value of securities issued to related parties nor the consideration being paid by related parties will exceed 25% of the Company’s market capitalization.

This news release does not constitute an offer to sell or a solicitation of an offer to buy nor shall there be any sale of any securities in any jurisdiction in which such offer, solicitation, or sale would be unlawful. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the ‘1933 Act‘), or any state securities laws and may not be offered or sold in the ‘United States’ or to ‘U.S. persons’ (as such terms are defined in Regulation S under the 1933 Act) unless registered under the 1933 Act and applicable state securities laws, or an exemption from such registration requirements is available.

About Silver47 Exploration Corp.

Silver47 wholly-owns three silver and critical metals (polymetallic) exploration projects in Canada and the US: the Flagship Red Mountain silver-gold-zinc-copper-lead-antimony-gallium VMS-SEDEX project in southcentral Alaska; the Adams Plateau silver-zinc-copper-gold-lead SEDEX-VMS project in southern British Columbia, and the Michelle silver-lead-zinc-gallium-antimony MVT-SEDEX Project in Yukon Territory. Silver47 Exploration Corp. shares trade on the TSX-V under the ticker symbol AGA. For more information about Silver47, please visit our website at www.silver47.ca.

Follow us on social media for the latest updates:

No securities regulatory authority has either approved or disapproved of the contents of this release. Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.

FORWARD-LOOKING STATEMENTS

This release contains certain ‘forward looking statements’ and certain ‘forward-looking information’ as defined under applicable Canadian securities laws. Forward-looking statements and information can generally be identified by the use of forward-looking terminology such as ‘may’, ‘will’, ‘expect’, ‘intend’, ‘estimate’, ‘upon’ ‘anticipate’, ‘believe’, ‘continue’, ‘plans’ or similar terminology. Forward-looking statements and information include, but are not limited to: closing of the Offering, including the number of Units and FT Units issued in respect thereof; anticipated use of proceeds; expected closing date of the Offering; payment of finder’s fees; ability to obtain all necessary regulatory approvals; insider participation in the Offering; the statements in regards to existing and future products of the Company; and the Company’s plans and strategies. Forward-looking statements and information are based on forecasts of future results, estimates of amounts not yet determinable and assumptions that, while believed by management to be reasonable, are inherently subject to significant business, economic and competitive uncertainties and contingencies. Forward-looking statements and information are subject to various known and unknown risks and uncertainties, many of which are beyond the ability of the Company to control or predict, that may cause the Company’s actual results, performance or achievements to be materially different from those expressed or implied thereby, and are developed based on assumptions about such risks, uncertainties and other factors set out herein, including but not limited to: the ability to close the Offering, including the time and sizing thereof, the insider participation in the Offering and receipt of required regulatory approvals; the use of proceeds not being as anticipated; the Company’s ability to implement its business strategies; risks associated with general economic conditions; adverse industry events; stakeholder engagement; marketing and transportation costs; loss of markets; volatility of commodity prices; inability to access sufficient capital from internal and external sources, and/or inability to access sufficient capital on favourable terms; industry and government regulation; changes in legislation, income tax and regulatory matters; competition; currency and interest rate fluctuations; and the additional risks identified in the Company’s financial statements and the accompanying management’s discussion and analysis and other public disclosures recently filed under its issuer profile on SEDAR+ and other reports and filings with the TSXV and applicable Canadian securities regulators. The forward-looking information are made based on management’s beliefs, estimates and opinions on the date that statements are made and the Company undertakes no obligation to update forward-looking statements if these beliefs, estimates and opinions or other circumstances should change, except as required by applicable securities laws.

No forward-looking statement can be guaranteed, and actual future results may vary materially. Accordingly, readers are advised not to place undue reliance on forward-looking statements.

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISTRIBUTION OR DISSEMINATION IN OR INTO THE U.S.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/242030

(TheNewswire)

TORONTO, February 24, 2025 TheNewswire – Noble Mineral Exploration Inc. (‘ Noble ‘ or the ‘ Company ‘) (TSXV: NOB) (OTCQB: NLPXF) is pleased to announce that it has closed the transactions under the Implementation Agreement (‘ Agreement ‘) with Canada Nickel Company Inc. (‘ Canada Nickel ‘) that were previously announced in the news releases of the Company dated July 8, 2024 and January 7, 2025.

Noble has received final acceptance from the TSX Venture Exchange for the transactions under the Agreement. However, the closing of the transactions remains subject to Canada Nickel obtaining final acceptance from the TSX Venture Exchange.

Among other things accomplished in the transactions, Noble and Canada Nickel have spun out certain mining claims in and around Mann Township, Ontario into East Timmins Nickel Ltd. (‘ ETN ‘), a newly incorporated subsidiary of Canada Nickel, to consolidate their interests in bulk tonnage nickel projects northeast of Timmins, Ontario. Noble owns a 20% interest in ETN, with Canada Nickel owning the balance.  Certain of the exploration results were released by CNC on the Mann properties (for details, please see Canada Nickel’s news release dated December 11, 2024).  In addition to the consolidation of properties in ETN, as part of the transactions, Noble transferred its Project 81 interests to Canada Nickel, retaining the right to explore for gold, silver, copper, lead and zinc.  Noble retains an up to 2% royalty on all properties it transferred pursuant to the transactions, except to the extent those properties are already bound by other royalties.  Canada Nickel likewise retained a 2% royalty in the properties it transferred to ETN, except to the extent those properties were likewise already bound by other royalties.  Furthermore, Noble transferred to Canada Nickel the option it previously held to acquire approximately 5,000 acres of surface lands in the Project 81 at pre-determined prices.

As stated previously and commenting on the transaction, Vance White, CEO of Noble said, ‘We felt that consolidating the eastern properties into a separate exploration company would maximize the value of the Mann Township properties without incurring significant upfront dilution to Noble, and at the same time gain exposure to additional identified nickel sulphide targets in the Timmins camp in which Noble currently has no interest. ETN will control ~1,814 mining claims totaling over ~38,729 hectares and will include Reaume, Mann and Newmarket Townships as well as McCool, Moody, Galna and other properties currently held by Canada Nickel. Noble will vend its interest in Project 81, together with the right to acquire surface rights over Project 81. For properties transferred from Noble to Canada Nickel, Noble will retain a 5-year exploration right to any non-nickel exploration target therein. This 5-year exploration right will be subject to an annual exploration right thereafter upon both parties’ consent. Noble intends to use its best efforts so that upon ETN going public, a portion of Noble’s holdings in ETN will be distributed to Noble shareholders in order that they may have a direct benefit as ETN advances all underlying properties to the development stage, although that is a future event and we cannot provide any assurances that this will be done  We anticipate that resource estimates will be available on at least two of the projects in Q2 2025′.

.’

About Noble Mineral Exploration Inc.

Noble Mineral Exploration Inc. is a Canadian-based junior exploration company which, in addition to its holdings of securities in Canada Nickel Company Inc., Homeland Nickel Inc., East Timmins Nickel, and its interest in the Holdsworth gold exploration property in the area of Wawa, Ontario, will continue to hold ~2,215 hectares in Thomas Twp in the Timmins area and ~175 hectares of mining claims in Central Newfoundland.  It will also hold its ~4,845 hectares in the Nagagami Carbonatite Complex and its ~4,600 hectares in the Boulder Project both near Hearst, Ontario, as well as ~3,700 hectares in the Buckingham Graphite Property, ~10,152 hectares in the Havre St Pierre  Nickel, Copper, PGM property, ~482 hectares in the Cere-Villebon Nickel, Copper, PGM property, all of which are in the province of Quebec, ~569 hectares in the Chateau (Uranium, Rare Earths, Phosphorus, Silver) Property in Kitivik, northern Quebec, and the ~461 hectare Taser Uranium-Molybdenum property in northern Quebec.  Noble’s common shares trade on the TSX Venture Exchange under the symbol ‘NOB’.

More detailed information on Noble is available on the website at www.noblemineralexploration.com .

About Canada Nickel Company

Canada Nickel Company Inc. is advancing the next generation of nickel-sulphide projects to deliver nickel required to feed the high growth electric vehicle and stainless-steel markets . Canada Nickel Company has applied in multiple jurisdictions to trademark the terms NetZero Nickel TM , NetZero Cobalt TM , NetZero Iron TM and is pursuing the development of processes to allow the production of net zero carbon nickel, cobalt, and iron products. Canada Nickel provides investors with leverage to nickel in low political risk jurisdictions. Canada Nickel is currently anchored by its 100% owned flagship Crawford Nickel-Cobalt Sulphide Project in the heart of the prolific Timmins-Cochrane mining camp. Canada Nickel’s common shares trade on the TSX Venture Exchange under the symbol ‘CNC.’

For more information, please visit www.canadanickel.com.

Cautionary Statement Concerning Forward-Looking Statements

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.

Contacts:

H. Vance White, President

Phone:        416-214-2250

Fax:        416-367-1954

Email: info@noblemineralexploration.com

Investor Relations

Email: ir@noblemineralexploration.com   

Copyright (c) 2025 TheNewswire – All rights reserved.