Noble Mineral Exploration Inc. (TSX-V:NOB, FRANKFURT: NB7, OTCQB:NLPXF) has announced the launch of Phase 2 of its 2026 summer exploration season, focusing on rare earth element (REE) properties in Quebec and Labrador. The programs are scheduled for late June and early July, utilizing helicopter support from Canadian Helicopters based in Goose Bay, Labrador.
The Chapiteau Rare Earth Property in western Labrador, acquired in late 2025, comprises 43 map-staked units covering part of a large REE-enriched alkaline intrusive system. Historical work by Midland Exploration from 2010-2011 identified numerous targets through airborne magnetic and radiometric surveys, with grab samples yielding up to 8.34% Total Rare Earth Oxides (TREO) and heavy rare earth enrichment (HREO) ranging from 2.29% to 12.85%. Notable results from the property include six grab samples exceeding 0.5% TREO, with values from 1.4% to 3.02% TREO. The only known drill hole, Y3-11-04, returned anomalous REE values averaging 0.14% TREO + Y2O3, indicating a large mineralized system. The property's proximity to the Strange Lake and Crater Lake deposits underscores its potential.
The Mehmet Rare Earth Property in northeastern Quebec is an early-stage hyperalkaline rare-metals showing, known for hosting REEs, niobium, zirconium, and other critical minerals. 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. Such systems are vital for supplying materials used in electric vehicles, wind turbines, permanent magnets, and 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 technical information in this release has been reviewed by Wayne Holmstead, P.Geo., a Qualified Person under NI 43-101.
These exploration efforts align with growing global demand for critical minerals. For more details on Noble's projects, visit Noble Mineral Exploration's website. The company holds mineral rights across approximately 70,000 hectares in Northern Ontario and 25,000 hectares in Quebec, including properties like Project 81, the Nagagami Carbonatite Complex, and the Gull Lake REE Property.
Noble's common shares trade on the TSX Venture Exchange under the symbol "NOB." The company cautions that forward-looking information in this release involves risks and uncertainties, and actual results may differ materially.
