Noble Mineral Exploration Inc. (TSX-V:NOB, FRANKFURT: NB7, OTCQB:NLPXF) announced the completion of its Phase 1, 2026 summer exploration program on its Chapiteau Rare Earth Property in Labrador and the Mehmet Rare Earth Property in Quebec. The surface exploration, which required helicopter support, was conducted during the last week of June and the first week of July, with Canadian Helicopters out of Goose Bay, Labrador providing support.
According to the company, a total of 69 samples have been sent to Activation Labs in Ancaster, Ontario for analysis of gold, platinum, palladium and a comprehensive suite of rare earth elements (REE) via ICP analysis. Results are expected in mid-August, at which time follow-up exploration will be planned. Additionally, Noble has applied to the Ontario Junior Exploration Program for a diamond drilling program on the Lucas Property near Timmins, Ontario, but access by water-soaked ground will delay the program until freeze-up.
The Chapiteau Rare Earth Property, located in western Labrador, is a rare earth element exploration property staked in late 2025, consisting of 43 map-staked units. It lies about 100 km south of the Strange Lake REE deposits and 38 km northeast of the Crater Lake Scandium-REE resource. The property covers part of a large REE-enriched alkaline intrusive system first explored by Midland Exploration during 2010-2011. Midland’s regional airborne survey identified numerous REE targets associated with a 9 km-diameter alkaline granite complex. Grab samples from the area yielded up to 8.34% Total Rare Earth Oxides (TREO), with heavy rare earth enrichment ranging from 2.29% to 12.85% HREO within mineralized samples. 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, intersecting anomalous REE values averaging approximately 0.14% TREO + Y2O3 over the entire hole, with intervals such as 0.13% TREO + Y2O3 over 7.5 m and 0.16% TREO + Y2O3 over 7.5 m.
The Mehmet Rare Earth Property, in North-Eastern Quebec, is an early-stage hyperalkaline rare-metals showing. According to Quebec’s SIGÉOM database, one government sample contained 2157.1 ppm total rare earth elements, including 550 ppm neodymium, 623 ppm lanthanum, and 1027.3 ppm cerium. These systems are attractive for their potential to host large-tonnage critical mineral deposits essential for electric vehicles, wind turbines, permanent magnets, and advanced defense technologies.
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.” The company views Chapiteau as one of the more compelling early-stage REE acquisitions due to its high-grade surface geochemistry, favorable geology, and proximity to established critical-mineral projects like Strange Lake and Crater Lake.
Wayne Holmstead, a qualified person as defined by National Instrument 43-101, has verified the data and reviewed the technical information in this release.
