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.

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. 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.