Noble Mineral Exploration Inc. (TSX-V:NOB, FRANKFURT: NB7, OTCQB:NLPXF) has completed the Phase 1, 2026 summer exploration program on its Chapiteau Rare Earth Property in Labrador and the Mehmet Rare Earth Property in Quebec, utilizing helicopter support from Canadian Helicopters out of Goose Bay, Labrador. The program took place during the last week of June and the first week of July, with a total of 69 samples sent to Activation Labs in Ancaster, Ontario for gold, platinum, palladium, and ICP analysis including a suite of rare earth elements (REE). Results are expected around 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 map-staked units about 15 km east. 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, which identified numerous REE targets via a regional airborne magnetic and radiometric survey totaling more than 3,100 line-km. 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. Only one drill hole, Y3-11-04, was completed on the property, intersecting coarse-grained alkaline granite with disseminated iron oxides and amphiboles, returning anomalous REE values averaging approximately 0.14% TREO + Y2O3 over the entire hole, including intervals such as 0.13% TREO + Y2O3 over 7.5 m, 0.14% TREO + Y2O3 over 12.0 m, and 0.16% TREO + Y2O3 over 7.5 m.
The Mehmet Rare Earth Property in north-eastern Quebec is an early-stage rare metals and rare earth occurrence 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 their potential to host large-tonnage critical mineral deposits essential for electric vehicles, wind turbines, permanent magnets, and advanced defense technologies.
Additionally, Noble has applied to the Ontario Junior Exploration Program for diamond drilling on the Lucas Property near Timmins, Ontario, as per the July 13, 2026 press release. Access to the property is by water-soaked ground, so the program will be delayed until freeze-up.
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 and Newfoundland and Labrador), a qualified person under NI 43-101, has verified the data and approved the technical information in this release.
