Noble Mineral Exploration Inc. (TSX-V:NOB, FRANKFURT: NB7, OTCQB:NLPXF) announced the completion of the Phase 1, 2026 summer exploration program on its Chapiteau Rare Earth Property in Labrador and the Mehmet Rare Earth Property in Quebec. The program, which required helicopter support, took place during the last week of June and the first week of July, with Canadian Helicopters out of Goose Bay, Labrador providing the service.
A total of 69 samples have been sent to Activation Labs in Ancaster, Ontario, to be analyzed for gold, platinum, palladium, and a comprehensive suite of elements including rare earth elements. Results are anticipated by mid-August, after which follow-up exploration will be planned. Additionally, Noble has applied to the Ontario Junior Exploration Program for diamond drilling on the Lucas Property near Timmins, Ontario, as referenced in the company's July 13, 2026 press release. However, due to water-soaked ground, drilling will be delayed until freeze-up.
The Chapiteau Rare Earth Property, staked in late 2025, consists of 25 map-staked units in one group and 18 units about 15 km east, located in western Labrador. It lies approximately 100 km south of the Strange Lake REE deposits and 38 km northeast of the Crater Lake Scandium-REE resource, making it part of one of Canada's most prospective rare earth districts. The property covers a large REE-enriched alkaline intrusive system first explored by Midland Exploration from 2010 to 2011. Midland's regional airborne survey identified numerous REE targets associated with a 9-km-diameter magnetic alkaline granite complex. Grab samples from the area returned 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 historical drill hole, Y3-11-04, was completed on the property, testing the CP North showing and intersecting anomalous REE values averaging about 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, and uranium. One government sample contained 2157.1 ppm total rare earth elements, including 550 ppm neodymium, 623 ppm lanthanum, 483 ppm fluorine, and 1027.3 ppm cerium. These systems are critical for electric vehicles, wind turbines, permanent magnets, and 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 qualified person for this news release is Wayne Holmstead, P.Geo. (Quebec #10434, Newfoundland and Labrador #12589), who has verified the data and approved the technical information.
Noble Mineral Exploration Inc. is a Canadian junior exploration company with holdings in several properties, including ~70,000 hectares in Northern Ontario and ~25,000 hectares in Quebec, as well as interests in the Canada Nickel Company, Homeland Nickel Inc., and East Timmins Nickel Inc. The company plans to generate option/joint venture exploration programs on these assets.
