4 w w w n o bl e m in e ral e x pl ora tio n c om DIS CLOSURE OF E X P LORATION RES ULTS HISTOR ICA L ESTI MA TES Ex plorat io n a c t iv it ies w ere c ond uc t e d on N obl e s Pr oj ec t 81 prio r to t h e ado p t ion of N a t i onal I ns t rum ent 43 101 N I 43 101 as w ell as m ore rec ent ly w hen NI 43 101 w as in f orc e H is t o ric al Ex plor ati on re s ult s t ha t pr e da t e t h e ad op t io n of NI 43 1 01 do no t c om ply w it h c u rre n t de f ini t ion s p re s c rib ed by NI 43 10 1 or t he C an adi an I ns t i t u t e of M ining an d a re di s c l os ed o nly as indic a t ion s of t h e p r es en c e of ni c k el V M S gold a nd ot he r m ine ral s T he hi s t ori c al m od els an d d at a s e t s u s e d to p rep are t he s e hi s t ori c a l es t im at es a re no t av ailable to N obl e no r hav e t hey been v erif ied un de r c u rre nt s t a nd ar ds In or der to v eri f y t he s e r es our c e s as c u rr en t es t im a t es N o ble w ill hav e to c ond u c t a ddi t ion al ex plor at i o n w ork to v eri f y t h e hi s t ori c da t a An ind ep en den t qu a lif ied per s o n f or t he p ur po s e s of NI 43 10 1 ha s no t do ne s uf f i c ien t w ork to c l as s if y t he s e his t o ri c a l es t im a t e s as a c u rr en t m in er al r es ou rc es or m ine ral re s e r v es and N o ble is n ot t r ea t in g t h e hi s t o ric al es t im at es as a c urrent m ineral res ourc es or m ineral res erv es F or in f o rm a t i on c o nc erni ng t h e hi s t ori c al r es ul t s of ex plora t ion ac t iv it ies c o n du c t ed on Proj ec t 81 rea de rs a re e nc ou r age d to rev iew N I 43 10 1 T ec hni c al R epo rt on t he Proj ec t 81 Are a a t ec hni c a l rep or t pre pa re d f or t h e C om p any by U l ric h Kr et s c hm ar P Geo t ha t is av ailable on t h e C om pan y s w ebs it e ht t p w w w noble m ine ral ex plora t io n c om a nd und er t he C om p a ny s pr of il e on SED AR www s eda r c om T his is t h e m os t r e c e nt t e c hni c al r ep o rt p rep ar ed in r es p ec t of t h e Pr op er t y in ac c ordan c e w it h N at ional I ns t rum e nt 43 101 N I 43 101 R andy S C Sing h P Ge o ON P En g ON V ic e Pr es i de nt Ex plora t io n P r ojec t D ev elopm en t f o r N oble Mi ne ral Ex plora t io n I n c is a q ualif i ed p er s o n as de f in ed in NI 43 1 01 has rev iew ed an d approv ed t he dis c los ure of m ineral ex plorat ion inf orm at ion c ont aine d in t his pres ent at ion