We consider a notion of conservation for the heat semigroup associated with a generalized Dirac Laplacian acting on sections of a vector bundle over a noncompact manifold with a (possibly noncompact) boundary under mixed boundary conditions. Assuming that the geometry of the underlying manifold is controlled in a suitable way and imposing uniform lower bounds on the zero-order piece (Weitzenböck potential) of the Dirac Laplacian, and on the endomorphism defining the mixed boundary condition, we show that the corresponding conservation principle holds. A key ingredient in the proof is a domination property for the heat semigroup which follows from an extension to this setting of a Feynman-Kac formula recently proved by the author de Lima (