Noble Mineral Exploration Inc. (TSX-V:NOB, FRANKFURT: NB7, OTCQB:NLPXF) has announced the next phase of its 2026 summer exploration season, with surface exploration programs planned on the Chapiteau Rare Earth Property in Labrador and the Mehmet Rare Earth Property in Quebec. The programs require helicopter support and are scheduled for the last week of June and the first week of July, with Canadian Helicopters out of Goose Bay, Labrador providing support for the Chapiteau project.
The Chapiteau Rare Earth Property, acquired by Noble in late 2025, consists of 25 map-staked units in one group and 18 map-staked units about 15 km east, located in one of Canada's most prospective rare earth districts. The property is approximately 100 km south of the Strange Lake REE deposits and 38 km northeast of the Crater Lake Scandium-REE resource. It covers part of a large REE-enriched alkaline intrusive system first explored by Midland Exploration during 2010-2011. Midland identified numerous REE targets through a regional airborne magnetic and radiometric survey, with regional grab samples containing up to 8.34% Total Rare Earth Oxides (TREO) and heavy rare earth enrichment ranging from 2.29% to 12.85% HREO. Within Noble's ground, six grab samples exceeded 0.5% TREO, ranging from 1.4% to 3.02% TREO. Only one known drill hole, Y3-11-04, was completed on the property, returning anomalous REE values averaging approximately 0.14% TREO + Y2O3 over its length, demonstrating a large mineralized system.
The Mehmet Rare Earth Property in North-Eastern Quebec is classified as a hyperalkaline rare-metals showing, hosting rare earth elements, niobium, zirconium, tantalum, uranium, and other critical minerals. One sample contained 2157.1 ppm total rare earth elements, including 550 ppm neodymium, 623 ppm lanthanum, and 1027.3 ppm cerium. These alkaline intrusive systems are attractive for large-tonnage critical mineral deposits essential for electric vehicles, wind turbines, permanent magnets, and defense technologies.
H Vance White, President & CEO of Noble, stated, "we are pleased to get this program underway in order to determine the expected follow up programs later this summer and early fall." Wayne Holmstead, Quebec P.Geo. #10434, a qualified person under National Instrument 43-101, has verified the data and reviewed the technical information in this release.
Noble Mineral Exploration Inc. is a Canadian-based junior exploration company with holdings in Canada Nickel Company Inc., Homeland Nickel Inc., East Timmins Nickel Inc. (20%), and interests in various properties across Ontario, Quebec, and Newfoundland and Labrador. The company's common shares trade on the TSX Venture Exchange under the symbol "NOB." For more information, visit https://www.noblemineralexploration.com.
This press release contains forward-looking information subject to risks and uncertainties. Factors that could affect outcomes include future metal prices, drilling results, ability to raise capital, environmental liabilities, and regulatory approvals. Readers should not place undue reliance on forward-looking information.
