Noble Mineral Exploration Inc. · TSXV:NOB

Noble Mineral Exploration — Investor Presentation (March 2021)

32 slides from Noble Mineral Exploration's investor presentation, March 2021

  1. Slide 1: Nickel + Cobalt Projects - Project 81

    March 2021 Nickel + Cobalt PROJECTS PROJECT 81 ~72,000ha of Mineral Potential Kidd Creek Mine Area Timmins-Cochrane - Northern Ontario - Canada

  2. Slide 2: Project 81

    TSX.V:NOB PROJECT 81 FWB:NB7 OTCQB:NLPXF Largest Underexplored Private land Package 72,034ha Airborne Gravity Under Explored Gradiometer Property Survey Complete Artificial Airborne Intelligence Geophysical Coverage Coverage Diamond Drilling VMS Targets Campaigns by JV Partners for Gold Targets Spri

  3. Slide 3: Forward-Looking Statement

    TSX.V:NOB FWB:NB7 FORWARD-LOOKING STATEMENT OTCQB:NLPXF Certain statements contained in this presentation that are forward- looking in nature are based on the current beliefs and assumptions of the Company’s management. When used in this presentation, the words "may," "could," "should," "anticipate,

  4. Slide 4: Disclosure of Exploration Results & Historical Estimates

    TSX.V:NOB DISCLOSURE OF EXPLORATION RESULTS FWB:NB7 & HISTORICAL ESTIMATES OTCQB:NLPXF • Exploration activities were conducted on Noble’s Project 81 prior to the adoption of National Instrument 43-101 (“NI 43-101”), as well as more recently when NI 43-101 was in force. • Historical Exploration resul

  5. Slide 5: Synopsis: Why Invest in Noble?

    SYNOPSIS TSX.V:NOB FWB:NB7 WHY INVEST IN NOBLE? OTCQB:NLPXF • Excellent Exploration potential – one of Canada’s largest, under-explored and privately held land packages approximately 30km north of the Timmins major mining district with first class infrastructure in place • 2-3km north of Glencore’s

  6. Slide 6: Noble Project 81 - 72,000 Hectares Land Package

    NOBLE PROJECT 81 TSX.V:NOB FWB:NB7 72,000 HECTARES LAND PACKAGE OTCQB:NLPXF DRILL READY TARGETS Ni Targets/Showings • Project 81’s Area Gold Targets/Showings Play is a ~72,000ha Land Package VMS Targets • Located Canada Nickel and Noble approximately 30 km JV Ni/ VMS Targets/Showings north of Timmin

  7. Slide 7: Google Map Showing Timmins Area Infrastructure

    TSX.V:NOB GOOGLE MAP FWB:NB7 SHOWING TIMMINS AREA INFRASTRUCTURE OTCQB:NLPXF • Significant industry services, supplies and infrastructure in place in Timmins with access by paved Highway 655 • Ample access to high tension power and water • MoU signed with First Nations • Drill programs proposed for

  8. Slide 8: Project 81 - Historical Exploration Activities

    TSX.V:NOB PROJECT 81 FWB:NB7 HISTORICAL EXPLORATION ACTIVITIES OTCQB:NLPXF • Under Explored Project Area – 72,000ha • MNDM database showing the lack of exploration within the Project 81 area • VMS Targets • Gold Targets • Ni+Co+/-Pt+/-Pd Targets • Noble and JV Drill programs proposed for spring/summ

  9. Slide 9: NOB-CNC JV Projects (Nickel + Cobalt +/- PGM)

    PROJECT 81 TSX.V:NOB FWB:NB7 NOB – CNC JV PROJECTS OTCQB:NLPXF (NICKEL + COBALT +/- PGM) • Project 81’s Area Play is a ~72,000ha Land Package Canada Nickel and Noble • Located JV Ni Targets/Showings approximately 30 km Crawford Nickel-Cobalt north of Timmins Deposit world famous for Kingsmill Nickel

  10. Slide 10: Canada Nickel Company Crawford Deposit

    CANADA NICKEL COMPANY (TSXV: CNC) TSX.V:NOB CRAWFORD DEPOSIT FWB:NB7 OTCQB:NLPXF (EM Trends on Magnetic Map) NORTH ZONE CRAWFORD NICKEL-COBALT-PGM DEPOSIT - MAIN ZONE EAST ZONE * Non-compliant under NI 43-101 10 www.noblemineralexploration.com

  11. Slide 11: Canada Nickel Company 2020 Resource Estimate, Crawford Deposit

    CANADA NICKEL COMPANY (CNC) TSX.V:NOB FWB:NB7 2020 RESOURCE ESTIMATE OTCQB:NLPXF CRAWFORD DEPOSIT Mineral Resource Estimate Contained DOMAIN CLASS TONNES (Mt) Ni (%) Co (%) Fe (%) S (%) Pd (g/t) Pt (g/t) Ni (kt) Co (kt) Fe (Mt) Pd (koz) Pt (koz) MAIN HIGHER Measured 151.7 0.32 0.013 6.25 0.20 0.029

  12. Slide 12: Canada Nickel Company Maiden Resource, Crawford Deposit

    CANADA NICKEL COMPANY (CNC) TSX.V:NOB FWB:NB7 MAIDEN RESOURCE OTCQB:NLPXF CRAWFORD DEPOSIT DOMAIN CLASS TONNES Ni (%) Ni Contained (kt) Co (%) Co Contained (kt) Measured 59,490,559 0.31 185 0.013 8 HIGHER Indicated 203,350,316 0.31 622 0.013 26 GRADE Mea+Ind 262,840,875 0.31 807 0.013 34 CORE Inferr

  13. Slide 13: Crawford Township Property Artificial Intelligence Targets

    CRAWFORD TOWNSHIP PROPERTY TSX.V:NOB FWB:NB7 ARTIFICIAL INTELLIGENCE TARGETS OTCQB:NLPXF 13 www.noblemineralexploration.com

  14. Slide 14: NOB-CNC JV Properties (Significant Exploration Potential)

    CANADA NICKEL COMPANY (CNC) TSX.V:NOB NOB-CNC JV PROPERTIES FWB:NB7 OTCQB:NLPXF (Significant Exploration Potential) 5 separate nickel-bearing target structures 30km of total strike length and 150 - 600m wide on option properties • For reference, the Crawford Main Zone resource is 1.7 km long and 225

  15. Slide 15: MacDiarmid JV Property

    CANADA NICKEL COMPANY (CNC) TSX.V:NOB FWB:NB7 MACDIARMID JV PROPERTY OTCQB:NLPXF (15% LARGER ANOMALY THAN CRAWFORD MAIN ZONE) Initial geophysical results and review of historical exploration work has generated a number of excellent targets including MacDiarmid where high quality coincident anomaly i

  16. Slide 16: MacDiarmid Township (2018 AirTEM EM Profile)

    NOB-CNC JV PROPERY TSX.V:NOB MACDIARMID TOWNSHIP FWB:NB7 OTCQB:NLPXF (2018 AIRTEM EM PROFILE) • Major magnetic feature with well developed EM response. • Nickel-Copper-PGE target • Main trend is 2.5 km strike length “Z” EM profiles Broad EM response Shallow high conductance within magnetic trend 16

  17. Slide 17: MacDiarmid Township (2018 AirTEM EM Profile)

    NOB-CNC JV PROPERTY TSX.V:NOB MACDIARMID TOWNSHIP FWB:NB7 OTCQB:NLPXF (2018 AIRTEM EM PROFILE) “Z” EM profiles Well developed broad EM response within magnetic trend 17 www.noblemineralexploration.com

  18. Slide 18: NOB-CNC JV Property (Kingsmill Nickel-Cobalt Deposit)

    TSX.V:NOB NOB – CNC JV PROPERTY FWB:NB7 (KINGSMILL NICKEL - COBALT DEPOSIT) OTCQB:NLPXF Kingsmill Ni-Co Deposit , 2012 Diamond Drilling NE N SW S 18 www.noblemineralexploration.com

  19. Slide 19: Kingsmill Nickel-Cobalt Deposit Drill Sections

    TSX.V:NOB NOB – CNC JV PROPERTY FWB:NB7 OTCQB:NLPXF KINGSMILL NICKEL – COBAL DEPOSIT Kingsmill Ni-Co Deposit – East Drill Fence X- Kingsmill Ni-Co Deposit –West Drill Section Fence X-Section 19 www.noblemineralexploration.com

  20. Slide 20: Kingsmill 2012 Nickel-Cobalt Drill Hole Assay Results

    NOB –CNC JV PROPERTY TSX.V:NOB FWB:NB7 KINGSMILL NICKEL-COBALT DEPOSIT OTCQB:NLPXF 2012 NICKEL-COBALT DRILL HOLE ASSAY RESULTS Nickel Cobalt Grade From To Mineralized zone DDH Grade (ppm) (meters) (meters) (meters) (TD-ICP) (TD-ICP) KML 12-01 0.27% 112.4 62.0 551.0 489.0 Incl. 0.29% 122.7 346.0 540.

  21. Slide 21: KML 12-03 Check Assay Results Comparison

    NOB – CNC JV PROPERTY TSX.V:NOB FWB:NB7 KINGSMILL NICKEL-COBALT DEPOSIT OTCQB:NLPXF KML 12- 03 CHECK ASSAY RESULTS COMPARISON (Total Digestion vs. Peroxide Fusion Analysis) AGAT 2018 2018 ActLabs From To 2012 2018 2012 2018 Sample Number AGAT AGAT Sample Number (m) (m) Actlabs AGAT Actlabs AGAT Ni -

  22. Slide 22: Mahaffy Township Property (Magnetics)

    NOB – CNC JV PROPERTY TSX.V:NOB FWB:NB7 MAHAFFY TOWNSHIP PROPERTY OTCQB:NLPXF (MAGNETICS) Highly magnetic body striking east- southeast for a distance of over 7 km Potential Ni-Co+/-Pt+/-Pd Target 22 www.noblemineralexploration.com

  23. Slide 23: Mahaffy Township (Magnetic & EM Trends)

    NOB – CNC JV PROPERTY TSX.V:NOB FWB:NB7 MAHAFFY TOWNSHIP OTCQB:NLPXF (MAGNETIC & EM TRENDS) AirTEM-2018 Picks MegaTEM-2002 Picks • The two main conductor trends occur near but not within magnetic features. MT-1 • These are likely altered structures MT-2 such as faults that could host disseminated su

  24. Slide 24: Mahaffy Township (2018 AirTEM EM Profile)

    NOB – CNC JV PROPERTY TSX.V:NOB MAHAFFY TOWNSHIP FWB:NB7 OTCQB:NLPXF (2018 AIRTEM EM PROFILE) High Conductance late-time response Line 500 24 www.noblemineralexploration.com

  25. Slide 25: Mahaffy Township (2018 AirTEM EM Profile)

    NOB – CNC JV PROPERTY TSX.V:NOB MAHAFFY TOWNSHIP FWB:NB7 OTCQB:NLPXF (2018 AIRTEM EM PROFILE) Multiple lines High Conductance late time response coincides with GeoTEM conductive trend 25 www.noblemineralexploration.com

  26. Slide 26: Additional Nickel Targets (Available for Option)

    Project 81 TSX.V:NOB FWB:NB7 ADDITIONAL NICKEL TARGETS OTCQB:NLPXF (Available for Option) Ni Targets/Showings Canada Nickel and Noble JV Ni Targets/Showings Crawford Nickel-Cobalt Deposit Kingsmill Nickel-Cobalt Deposit Noble Project 81 Canada Nickel and Noble JV Property Other Claims Other Patents

  27. Slide 27: Nickel Comparables

    TSX.V:NOB FWB:NB7 NICKEL COMPARABLES OTCQB:NLPXF Market Implied Owner Project Resource Capitalization Project Value & Project Location (millions) (millions) British M&I - 1,159M tonnes @ FPX Nickel Corp Columbia, 0.124%Ni $134.4 ~$134.4 (Decar) Canada Inf. - 870M tonnes @ 0.125% Ni M&I – 1,073M tonn

  28. Slide 28: Noble Mineral Exploration - An Investment Holding Company

    TSX.V:NOB NOBLE MINERAL EXPLORATION FWB:NB7 OTCQB:NLPXF AN INVESTMENT HOLDING COMPANY • In December 2016, Noble signed a JV with MacDonald Mines (TSXV:BMK) on its Wawa-Holdsworth Gold Project. This JV resulted in a 100% acquisition by BMK in March 2017, providing Noble with: • 7,775,000 shares + war

  29. Slide 29: Noble Mineral Exploration Share Capital

    TSX.V:NOB NOBLE MINERAL EXPLORATION FWB:NB7 OTCQB:NLPXF SHARE CAPITAL TSX.V: NOB (Toronto) Listings: FWB: NB7 (Frankfurt) OTC.PK: NLPXF (US) Common Shares: 157,222,739 Warrants ($0.10): 69,856,149 Stock Options: 4,000,000 Fully Diluted: 235,053,870 Recent Share Price: $0.135 Market Capitalization: $

  30. Slide 30: Synopsis: Why Invest in Noble?

    SYNOPSIS TSX.V:NOB FWB:NB7 WHY INVEST IN NOBLE? OTCQB:NLPXF • Excellent Exploration potential – one of Canada’s largest, under-explored and privately held land packages approximately 30km north of the Timmins major mining district with first class infrastructure in place • 2-3km north of Glencore’s

  31. Slide 31: The Discovery Curve - Relative Share Price

    TSX.V:NOB FWB:NB7 THE DISCOVERY CURVE OTCQB:NLPXF Production from RELATIVE SHARE PRICE Depleting Asset Deposit Defined NOBLE DISCOVERY Early Stage Target Deposit Resource Definition, Mine Exploration Drilling Drilling PFS/Permitting Construction TIME 31 www.noblemineralexploration.com

  32. Slide 32: Management and Contact

    February 2021 Management: H. Vance White, President & Chief Executive Officer Randy Singh PGeo(ON), PEng(ON), VP Exploration & Project Development Corinna de Beer, Corporate Communications 2500 – 120 Adelaide St. W Toronto, Ontario Canada M5H 1T1 Phone: 416-214-2250 │Email: info@noblemineralexplorat

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