Noble Announces Canada Nickel Completes Inaugural Drill Program - All 9 holes Intersect Nickel-Cobalt-PGM Mineralization >330 metres Across 1.4 Kilometre Strike Length

Toronto (ots/PRNewswire) - TSX.V: NOB FWB: NB7 OTC.PK: NLPXF

- Noble Mineral Exploration Inc. (TSX-V: NOB) ("Noble") is pleased to announce
that it has been advised by Canada Nickel Company Inc. ("Canada Nickel" or the
"Company") of the assay results from the first nine diamond drill holes (5,267m)
from the Company's 2019 exploration campaign at the Crawford nickel-cobalt
project located just north of Timmins, Ontario.

- 4 holes are continuously mineralized in excess of 500 metres and 4
of 9 holes ended in mineralization

- Hole CR19-11 intersected 390 m of 0.271% nickel, 0.014% cobalt,
including 134 m of 0.357% nickel, 0.015% cobalt, and 0.09 g/t Pd+Pt

- All 9 holes drilled as part of its inaugural 2019 drill campaign
have intersected nickel-cobalt-PGM mineralization in excess of 330
metres
- Mineralization now defined over 1.4 kilometres by 350 to 600 metres
wide to a depth of 500 metres - Remains open along strike, at depth
and to the north
- Higher grade area (>0.3% nickel) defined on northern side of
structure across a 1 kilometre strike length with intersections of
126 to 260 metres containing an incrementally higher-grade zone
(>0.35% nickel) with intersections of 35 to 134 metres. Remains
open to the north, west, and at depth.
- Second drill mobilized to accelerate drilling for initial resource
and begin drilling additional targets. Mineralogy and
metallurgical testing to be accelerated.

Mark Selby, Chairman and CEO of Canada Nickel, stated, "This year's drilling
highlights the potential of the Crawford nickel-cobalt project as a new, large
scale nickel-cobalt sulphide discovery with mineralization now defined over an
area 1.4 kilometres long by 350 to 600 metres wide and up to 500 metres deep and
remaining open in multiple directions. Unlike some other projects of its type,
this drilling has also highlighted at surface a wide, higher grade (>0.35%) area
over a kilometre of strike length. With its potential scale, the project's
excellent location and infrastructure, our team's significant experience and
insights from advancing other large scale ultramafic projects, and a robust
nickel market increasingly driven by demand from the electric vehicle segment,
we are well positioned to unlock Crawford's potential as a strategic,
geopolitically low risk source of nickel and cobalt."

Vance White, President and CEO stated "I am very pleased with the results of
Canada Nickel's inaugural drilling campaign. Subject to shareholder and
regulatory approval, investors who acquire Noble shares will be entitled to
receive their pro rata share of 10,000,000 shares (~18% of Canada Nickel) to be
distributed to Noble shareholders under a plan of arrangement that is proposed
for approval at a special meeting of Noble shareholders to be held on December
27, 2019."

Based on Noble's current issued and outstanding share count and assuming certain
share issuances relating to the plan of arrangement are completed, for each
Noble share held, a shareholder of Noble would be eligible to receive
approximately 0.07108 of a Canada Nickel share. Subject to shareholder and
regulatory approval, it is expected that the consolidation of the Crawford
Nickel-Sulphide Project will be completed in January 2020, and Canada Nickel has
applied to trade on the TSX Venture Exchange ("TSXV") under the symbol "CNC".

Crawford Nickel-Cobalt Sulphide Project - 2019 Drilling

Drilling in 2019 began in September to follow up on the initial four-hole,
1,818-metres drilling campaign reported in early 2019 which intersected
multi-hundred metre intervals of serpentinized dunite with two of the four holes
ending in mineralization. (See Noble release dated March 4, 2019). The focus of
this initial phase of drilling in 2019 was to extend the mineralization along
strike and begin testing the northern and southern extent of the mineralization.
The 9 holes which have been completed to date have successfully extended the
structure to 1.4 kilometre strike length by 350 to 600 metres wide by up to 500
metres deep. (See Figure 1 below.) The mineralization remains open along
strike, both north and south, and at depth. The nearly kilometre deep anomaly
is only partially tested at depth (see Figure 2 below). The results of this
drilling are summarized in Tables 1a and 1b below.

Figure 1 - Crawford Nickel-Cobalt Project - Plan View of 2018 and 2019 Drilling

Total magnetic intensity colored with a linear color transform from low magnetic
field (blue) to high (red)

Figure 2 - Crawford Nickel Cobalt Project - Section View of CR18-04 and CR19-12

Total magnetic intensity colored with a linear color transform from low magnetic
field (blue) to high (red)

Higher Grade Zone

The 2019 drilling has also highlighted a higher grade area (>0.3% nickel) on the
northern side of the structure across a 1 kilometre strike length with
intersections of 126 to 260 metres containing an incrementally higher grade zone
(>0.35% nickel) with intersections of 35 to 134 metres. This higher-grade zone
remains open to the north, west and at depth. (see Figure 3)

Figure 3 - Crawford Nickel-Cobalt Project - Plan View showing Higher Grade Zone

Total magnetic intensity colored with a linear color transform from low magnetic
field (blue) to high (red)

Next Steps

A second drill has been mobilized to accelerate the drilling required for the
initial resource and allow additional targets to be tested. Samples to begin
comprehensive mineralogical and metallurgical work are being selected and
initial results are expected during Q1-2020.

Table 1a - 2019 Crawford Nickel-Cobalt Project (Drilling from North Side from
East to West)

Intersections
from North
Wall
DDH ID From To Length Ni Co Pd Pt S
(m) (m) (m) (%) (%) (ppb) (ppb) (%)
CR19-11 48.0 438.0 390.0 0.271 0.014 28.1 11.4 0.19
includes 69.0 292.5 223.5 0.324 0.015 43.8 16.8 0.27
includes 144.0 277.5 133.5 0.357 0.015 61.9 23.4 0.32
CR19-10 55.5 388.5 333.0 0.277 0.013 25.5 10.3 0.34
includes 61.5 271.5 210.0 0.320 0.013 30.5 11.1 0.49
includes 208.5 243.0 34.5 0.355 0.015 37.0 13.2 1.18
CR19-09 55.5 513.0 457.5 0.254 0.013 19.7 10.0 0.08
includes 70.5 309.0 238.5 0.310 0.013 26.9 13.2 0.11
includes 192.0 265.5 73.5 0.365 0.014 47.0 10.5 0.17
CR19-08 36.0 592.5 556.5 0.251 0.013 20.2 11.0 0.06
includes 70.5 468.0 397.5 0.271 0.013 18.2 11.2 0.06
includes 165.0 348.0 183.0 0.319 0.012 33.4 14.6 0.11
includes 183.0 223.5 40.5 0.351 0.013 26.3 12.8 0.18
CR19-13 102.0 609.0 507.0 0.237 0.013 10.1 8.1 0.03
includes 300.0 528.0 228.0 0.276 0.013 19.4 13.0 0.04
includes 300.0 405.0 105.0 0.325 0.012 37.3 13.7 0.07
includes 304.5 343.5 39.0 0.351 0.012 26.3 9.5 0.10

Note that the intersections are referenced to depth downhole and do not
necessarily represent a true width. Canada Nickel has insufficient information
to determine the attitude, either of the ultramafic body or of mineralized zones
within it at this point in the exploration program. True widths will be less
than the core lengths by unknown factors but based on the orientation of the
drillholes are estimated to be 65% of the length of the mineral intersections.

Table 1b - 2019 Crawford Nickel-Cobalt Project (Drilling from South Side from
East to West)

Intersections
from South
Wall
DDH ID From To Length Ni Co Pd Pt S
(m) (m) (m) (%) (%) (ppb) (ppb) (%)
CR19-06 207.0 576.0 369.0 0.229 0.011 5.3 3.5 0.04
includes 297.0 463.5 166.5 0.272 0.012 2.9 1.2 0.03
CR19-05 51.6 582.0 530.4 0.227 0.013 18.0 7.9 0.13
includes 432.0 481.5 49.5 0.310 0.015 36.7 10.4 0.53
includes 445.5 472.5 27.0 0.359 0.018 50.8 14.8 0.78
CR19-12 57.0 571.5 514.5 0.210 0.013 17.1 17.3 0.06
includes 57.0 279.0 222.0 0.293 0.012 13.4 3.8 0.09
includes 61.5 157.5 96.0 0.310 0.013 17.0 4.8 0.16
includes 72.0 88.5 16.5 0.365 0.014 18.7 4.1 0.24
CR19-07 204.0 619.5 415.5 0.221 0.013 7.2 7.5 0.01
includes 591.0 619.5 28.5 0.265 0.013 91.8 34.2 0.04

Note that the intersections are referenced to depth downhole and do not
necessarily represent a true width. Canada Nickel has insufficient information
to determine the attitude, either of the ultramafic body or of mineralized zones
within it at this point in the exploration program. True widths will be less
than the core lengths by unknown factors but based on the orientation of the
drillholes are estimated to be 65% of the length of the mineral intersections.

Quality Assurance (QA) and Quality Control (QC)

William E. MacRae, MSc, P.Geo., a Qualified Person as defined by NI 43-101, is
responsible for the on-going drilling and sampling program, including quality
assurance (QA) and quality control (QC). The core is collected from the drill in
sealed core trays and transported to the core logging facility. The core is
marked and sampled at 1.5 metre lengths and cut with a diamond blade saw.
Samples are bagged with QA/QC samples inserted in batches of 35 samples per lot.
Samples are transported in secure bags directly from the Canada Nickel core
shack Actlabs Timmins, an ISO/IEC 17025 accredited lab. Analysis for precious
metals (gold, platinum and palladium) are completed by Fire Assay while analysis
for nickel, cobalt, sulphur and 17 other elements are performed using a peroxide
fusion and ICP-OES analysis. Certified standards and blanks are inserted at a
rate of one QA/QC sample per 32 core samples making a batch of 35 samples that
are submitted for analysis.

Qualified Person

Stephen J. Balch P.Geo. (ON), VP Exploration of Canada Nickel and a "qualified
person" as such term is defined by National Instrument 43-101, has verified the
data disclosed in this news release, and has otherwise reviewed and approved the
technical information in this news release on behalf of Canada Nickel Company
Inc.

About Canada Nickel Company

Canada Nickel Company Inc. is a Canadian-based company focused on the
acquisition, exploration, development and eventual production of Nickel assets.
Canada Nickel is currently exploring its 100% owned flagship Crawford
Nickel-Cobalt project in the heart of the prolific Timmins-Cochrane mining camp.
The Crawford Project comprises 650 hectares with approximately 17,700 meters
drilled to date, with identified Nickel and Cobalt bearing minerals similar to
that at the Dumont Nickel Deposit (RNC Minerals property). Canada Nickel is
focused on proving up the large bulk tonnage opportunity at Crawford, which
provides investors with pure leverage to Nickel, unencumbered by earn-in
agreements, in a geopolitically stable jurisdiction.

Cautionary Statement Concerning Forward-Looking Statements

This press release contains certain information that may constitute
"forward-looking information" under applicable Canadian securities legislation.
Forward looking information includes, but is not limited to, timing for
completion of the proposed transaction, the amount and uses of proceeds,
strategic plans, including future exploration and development results, and
corporate and technical objectives. Forward-looking information is necessarily
based upon a number of assumptions that, while considered reasonable, are
subject to known and unknown risks, uncertainties, and other factors which may
cause the actual results and future events to differ materially from those
expressed or implied by such forward-looking information. Factors that could
affect the outcome include, among others: future prices and the supply of
metals, the results of drilling, inability to raise the money necessary to incur
the expenditures required to retain and advance the property, environmental
liabilities (known and unknown), general business, economic, competitive,
political and social uncertainties, results of exploration programs, risks of
the mining industry, delays in obtaining governmental approvals, and failure to
obtain regulatory or shareholder approvals. There can be no assurance that such
information will prove to be accurate, as actual results and future events could
differ materially from those anticipated in such information. Accordingly,
readers should not place undue reliance on forward-looking information. All
forward-looking information contained in this press release is given as of the
date hereof and is based upon the opinions and estimates of management and
information available to management as at the date hereof. Canada Nickel
disclaims any intention or obligation to update or revise any forward-looking
information, whether as a result of new information, future events or otherwise,
except as required by law.

Contacts (Canada Nickel)

Russell Starr, Director
Phone: 647-669-9801
email: RussellStarr@canadanickel.com

Jessie Liu-Ernsting, VP Corporate Development and Investor Relations
Phone: 416-809-9296
email: jessieliuernsting@canadanickel.com

About Noble Mineral Exploration Inc.

Noble Mineral Exploration Inc. is a Canadian-based junior exploration company
which, in addition to its shareholdings in Spruce Ridge Resources Ltd. and
MacDonald Mines Exploration Ltd., and its interest in the Holdsworth gold
exploration property in the area of Wawa, Ontario, 78,500 hectares (~194,000
acres) of mineral rights in the Timmins-Cochrane areas of Northern Ontario known
as Project 81. Project 81 hosts diversified drill-ready gold, nickel-cobalt and
base metal exploration targets at various stages of exploration. 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".

Contacts (Noble): H. Vance White, President, Phone: 416-214-2250, Fax:
416-367-1954 Email: info@noblemineralexploration.com; Investor Relations Email:
ir@noblemineralexploration.com

Additional content: https://www.presseportal.de/pm/139402/4462954
OTS: Noble Mineral Exploration Inc.

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