Noble Mineral Exploration Inc. (TSX-V:NOB, FRANKFURT: NB7, OTCQB:NLPXF) announced the completion of its Phase 1, 2026 summer exploration program on the Chapiteau Rare Earth Property in Labrador and the Mehmet Rare Earth Property in Quebec. The program, which required helicopter support, took place during the last week of June and the first week of July, with Canadian Helicopters out of Goose Bay, Labrador providing logistics. A total of 69 samples have been sent to Activation Labs in Ancaster, Ontario for analysis of gold, platinum, palladium, and a suite of rare earth elements via ICP analysis. Results are expected by mid-August, after which follow-up exploration will be planned.
The Chapiteau Rare Earth Property, located in western Labrador, consists of 25 map-staked units in one group and 18 units about 15 km east. Staked in late 2025, the property lies in one of Canada's most prospective rare earth districts, 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's regional sampling produced grab samples containing up to 8.34% Total Rare Earth Oxides (TREO), with 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. The only known drill hole on the property, Y3-11-04, tested the CP North showing and returned anomalous REE values averaging approximately 0.14% TREO + Y2O3 over its entire length, indicating a large mineralized system.
The Mehmet Rare Earth Property in northeastern Quebec is an early-stage rare metals and rare earth occurrence classified as a hyperalkaline rare-metals showing. According to Quebec's SIGÉOM database, one government sample contained 2157.1 ppm rare earth elements, including 550 ppm neodymium, 623 ppm lanthanum, and 1027.3 ppm cerium. Such systems are attractive because they can host large-tonnage critical mineral deposits essential for electric vehicles, wind turbines, permanent magnets, and defense technologies.
Additionally, Noble has applied to the Ontario Junior Exploration Program for a diamond drilling program on the Lucas Property near Timmins, Ontario. Access to the property is via water-soaked ground, so the program will be delayed until freeze-up. H. Vance White, President & CEO, stated, "We are pleased to get this program underway in order to determine the expected follow up programs later the summer and early fall."
Wayne Holmstead, P.Geo. (Quebec #10434, Newfoundland and Labrador #12589), a qualified person under National Instrument 43-101, has verified the data and approved the technical information in this release. Noble Mineral Exploration Inc. is a Canadian junior exploration company with holdings in Canada Nickel Company Inc., Homeland Nickel Inc., East Timmins Nickel Inc. (20%), and the Holdsworth gold property in Wawa, Ontario. It holds mineral rights in approximately 70,000 hectares in Northern Ontario and 25,000 hectares in Quebec, including Project 81, the Nagagami Carbonatite Complex, and various REE properties.
