Noble Mineral Exploration Inc. (TSX-V:NOB, FRANKFURT: NB7, OTCQB:NLPXF) announced the completion of Phase 1 helicopter-supported summer exploration programs on its Chapiteau Rare Earth Property in Labrador and the Mehmet Rare Earth Property in Quebec. The work, conducted during the last week of June and first week of July, involved Canadian Helicopters out of Goose Bay, Labrador. A total of 69 samples have been sent to Activation Labs in Ancaster, Ontario for analysis of gold, platinum, palladium, and multiple elements including rare earth elements (REE). Results are expected by mid-August, after which follow-up exploration will be planned.
The Chapiteau Rare Earth Property, located in western Labrador about 100 km south of the Strange Lake REE deposits and 38 km northeast of the Crater Lake Scandium-REE resource, consists of 25 map-staked units in one group and 18 units about 15 km east. 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 approximately 9 km in diameter. Grab samples returned up to 8.34% Total Rare Earth Oxides (TREO), with heavy rare earth enrichment 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 historical drill hole, Y3-11-04, tested the CP North showing, returning anomalous REE values averaging approximately 0.14% TREO + Y2O3 over the entire hole, including intervals of 0.13% over 7.5 m, 0.14% over 12.0 m, and 0.16% over 7.5 m.
The Mehmet Rare Earth Property in northeastern Quebec is classified as a hyperalkaline rare-metals showing, which can host REEs, niobium, zirconium, tantalum, uranium, and other critical minerals. One government sample contained 2157.1 ppm total REE, including 550 ppm neodymium, 623 ppm lanthanum, 483 ppm fluorine, and 1027.3 ppm cerium. These systems are attractive for 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 diamond drilling on the Lucas Property near Timmins, Ontario, as noted in a July 13, 2026 press release. Access to the property requires frozen ground, so drilling 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."
The technical information in this release has been reviewed and approved by Wayne Holmstead, P.Geo., a qualified person under National Instrument 43-101.
