Noble Mineral Exploration Inc. Launches Phase 2 Summer Exploration on Quebec Critical Minerals Projects

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. This phase will require helicopter support and is 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, acquired by Noble in late 2025, consists of 25 map-staked units in one group and 18 units about 15 km east, located 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 first explored by Midland Exploration during 2010-2011. Midland completed a regional airborne magnetic and radiometric survey totaling more than 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. The hole tested the CP North showing and intersected coarse-grained alkaline granite with disseminated iron oxides and amphiboles. Although grades were modest, the entire hole returned anomalous REE values averaging approximately 0.14% TREO + Y2O3, demonstrating a large mineralized system rather than isolated surface occurrences. Some intervals included 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, located in North-Eastern Quebec, is classified as a hyperalkaline rare-metals showing according to Quebec's SIGÉOM mineral occurrence database. One sample 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, stated, "we are pleased to get this program underway in order to determine the expected follow up programs later this summer and early fall." Wayne Holmstead, Quebec P.Geo. #10434, 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.