Noble Mineral Exploration Inc. (TSX-V:NOB, FRANKFURT: NB7, OTCQB:NLPXF) announced the acquisition of a rare earth property in Northern Quebec, marking a strategic addition to its growing portfolio of critical mineral assets. The Company acquired 90 mining claims through map staking, covering approximately 4,465 hectares, and has named the project the Mehmet Property.
The Mehmet Property is located about 163 kilometers east of Schefferville near the Quebec-Labrador border. According to the Company, the property features a circular magnetic structure approximately 10 kilometers across, classified by the Quebec Government as a hyperalkaline rock with associated rare metals. Mineralization occurs in an alkali feldspar and clinopyroxene syenite containing an abnormally high amount of allanite crystals and allanite-filled microfractures. Rock samples analyzed by the Quebec Government from the site (Sigeom Sample 1986016233) returned 2,157.1 ppm total rare earth elements, including 114.4 ppm heavy rare earth elements, along with elevated values of zirconium, neodymium, yttrium, thorium, and niobium.
Despite the promising geochemical data, very little exploration work has been conducted on the property. The Mehmet Property is situated approximately 65 km southwest of the Crater Lake Property, where Scandium Canada has defined a rare earth and scandium resource. A NI 43-101 technical report from 2025 details the resource at Crater Lake (see Chart 1).
Acquisition of the Mehmet Property demonstrates Noble’s commitment to exploring for critical minerals in Canada, said H. Vance White, President of Noble Minerals. The Company holds mineral rights and exploration interests across approximately 70,000 hectares in Northern Ontario and 14,000 hectares in Quebec, including diversified drill-ready gold, nickel-cobalt, and base metal targets. Noble also holds interests in the Canada Nickel Company Inc., Homeland Nickel Inc., and East Timmins Nickel Inc.
Wayne Holmstead, P.Geo (OGQ#10434), a qualified person under National Instrument 43-101, has reviewed and approved the technical information in this news release. The Company’s common shares trade on the TSX Venture Exchange under the symbol “NOB.”
For more information, visit Noble’s website at www.noblemineralexploration.com.
