Noble Mineral Exploration Inc. (TSX-V:NOB, FRANKFURT: NB7, OTCQB:NLPXF) has announced the next phase of its 2026 summer exploration season, with surface exploration programs planned on its Chapiteau Rare Earth Property in Labrador and the Mehmet Rare Earth Property in Quebec, Canada. The programs, requiring 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.
The Chapiteau Rare Earth Property, recently acquired in late 2025, consists of 25 map-staked units in one group and 18 map-staked units about 15 km east. Located 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. Midland Exploration, which explored the area during 2010-2011, completed a regional airborne magnetic and radiometric survey totaling over 3,100 line-km and identified numerous REE targets associated with a large magnetic alkaline granite complex approximately 9 km in diameter. Regional sampling produced exceptionally strong results, including 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 mineralized samples. Within the ground now held by Noble, Midland identified six grab samples exceeding 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 coarse-grained alkaline granite with disseminated iron oxides and amphiboles, and returning anomalous REE values averaging approximately 0.14% TREO + Y2O3 over the entire hole.
The Mehmet Rare Earth Property in North-Eastern Quebec is classified as a hyperalkaline rare-metals showing, a geological environment that can host rare earth elements (REEs), niobium, zirconium, tantalum, uranium, and other critical minerals. One sample from the property contained a total of 2157.1 ppm rare earth elements, including 550 ppm Neodymium, 623 ppm Lanthanum, 483 ppm Fluorine, 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 & 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 company views these properties as compelling early-stage acquisitions due to their high-grade surface geochemistry, favorable alkaline intrusive geology, and proximity to established critical-mineral projects such as Strange Lake and Crater Lake. Wayne Holmstead, P.Geo., a qualified person under National Instrument 43-101, has verified the data disclosed in this news release and reviewed the technical information on behalf of Noble.
