Noble Minerals Expands Critical Minerals Portfolio with Quebec Rare Earth Acquisition

Noble Mineral Exploration Inc. has significantly expanded its critical minerals portfolio with the acquisition of the Mehmet Property, a rare earth prospect in Northern Quebec. The company acquired 90 mining claims covering approximately 4,465 hectares through map staking, marking a strategic move into the rare earth elements sector that is increasingly vital for modern technology and clean energy applications.

The Mehmet Property is located approximately 163 kilometers east of Schefferville on the Quebec-Labrador border and features a distinctive circular magnetic structure spanning about 10 kilometers. The Quebec government has classified the rock formation as hyperalkaline with associated rare metals, containing mineralization in an alkali feldspar and clinopyroxene syenite with abnormally high concentrations of allanite crystals and numerous allanite-filled microfractures. The rock composition includes alkali feldspar, clinopyroxene, allanite, apatite, fluorite, and magnetite, indicating strong potential for rare earth element extraction.

Government rock analyses from sample 1986016233 revealed significant rare earth element concentrations, including 2,157.1 parts per million total rare earth elements with 114.4 ppm classified as heavy rare earth elements. Additional notable findings include 2,144.6 ppm zirconium, 392.7 ppm neodymium, 135.3 ppm yttrium, 26.1 ppm thorium, and 71.5 ppm niobium. These concentrations suggest substantial mineralization potential, though very little exploration work has been conducted on the property beyond the initial government sampling.

The property's strategic location approximately 65 kilometers southwest of Scandium Canada's Crater Lake Property adds significant context to the acquisition. The Crater Lake Project has already defined substantial rare earth and scandium resources, as detailed in the NI 43-101 Technical Report and Updated Mineral Resource Estimate available at https://www.newmediawire.com. This regional proximity to established resources enhances the Mehmet Property's exploration potential and positions Noble Minerals in a developing rare earth district.

Wayne Holmstead, P.Geo, a qualified person under National Instrument 43-101, has reviewed and approved the technical information in the announcement. The acquisition aligns with growing global demand for rare earth elements, which are essential components in electric vehicles, wind turbines, consumer electronics, and defense technologies. With China currently dominating rare earth production, Western nations are increasingly focused on developing domestic supply chains for these critical minerals.

Noble Minerals' expansion into rare earth exploration comes at a time when governments and industries worldwide are prioritizing supply chain security for critical minerals. The company's common shares trade on the TSX Venture Exchange under the symbol NOB, and more detailed information is available through their corporate website at https://www.noblemineralexploration.com. The Mehmet Property acquisition represents a strategic diversification for Noble Minerals as it builds its position in the critical minerals sector while leveraging its existing exploration expertise in Northern Ontario and Quebec.