Noble Mineral Exploration Inc. (TSX-V:NOB, FRANKFURT: NB7, OTCQB:NLPXF) has announced the initiation of Phase 2 summer exploration programs on its Chapiteau Rare Earth Property in Labrador and the Mehmet Rare Earth Property in Quebec. The programs, which require helicopter support, 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, staked in late 2025, comprises 25 map-staked units in one group and 18 map-staked units about 15 km east. It 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. 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 magnetic alkaline granite complex about 9 km in diameter. Grab samples returned 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 drill hole, Y3-11-04, has been completed on the property, intersecting coarse-grained alkaline granite with anomalous REE values averaging approximately 0.14% TREO + Y2O3 over the entire hole, demonstrating a large mineralized system.
The Mehmet Rare Earth Property, located in northeastern Quebec, is an early-stage rare metals and rare earth occurrence classified as a hyperalkaline rare-metals showing. Such geological environments can host REEs, niobium, zirconium, tantalum, uranium, and other critical minerals commonly associated with alkaline intrusive complexes and carbonatites. One sample from the property contained 2157.1 ppm total rare earth elements, including 550 ppm neodymium, 623 ppm lanthanum, and 1027.3 ppm cerium. These systems are attractive because they can contain large-tonnage critical mineral deposits essential for electric vehicles, wind turbines, permanent magnets, and advanced defense technologies.
H Vance White, President and 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." The exploration will help define targets for subsequent drilling and evaluation.
The importance of these projects lies in the growing demand for rare earth elements and critical minerals, which are vital for the transition to green energy and national security. The Chapiteau property's proximity to established projects like Strange Lake and Crater Lake enhances its potential, while the Mehmet property's hyperalkaline setting offers prospects for multiple critical metals. Noble's exploration efforts contribute to reducing reliance on foreign supply chains for these strategic materials.
Wayne Holmstead, P.Geo., a qualified person under National Instrument 43-101, has verified the data and approved the technical information in this release.
For more information, visit Noble's website at https://www.noblemineralexploration.com.
