Noble Mineral acquires Mehmet property in Quebec

Nov 6, 2025

2025-11-05 16:45 ET – News Release

Mr. H. Vance White reports

NOBLE MINERALS ACQUIRES A RARE EARTH PROPERTY IN NORTHERN QUEBEC

Noble Mineral Exploration Inc. has acquired mining claims on a rare earth prospect in Northern Quebec. The 90 claims were acquired by map staking to cover approximately 4,465 hectares and are called the Mehmet property.

The Mehmet rare earth property

The Mehmet property is located about 163 kilometres east of Schefferville on the Quebec-Labrador border. It forms a circular-shaped, magnetic structure about 10 kilometres across and is classed by the Quebec government as an hyperalkaline rock with associated rare metals.

The mineralization is in an alkali feldspar and clinopyroxene syenite containing an abnormally high amount of allanite crystals as well as numerous allanite-filled microfractures. The rock type was described as a fractured, alkali-feldspar syenite with clinopyroxene, allanite, apatite, fluorite and magnetite.

Rock analyses by the Quebec government include (Sigeom sample 1986016233):

2,157.1 parts per million total rare earth elements (of which 114.4 ppm are heavy rare earth elements);
2144.6 ppm zirconium;
392.7 ppm neodymium;
135.3 ppm yttrium;
26.1 ppm thorium;
71.5 ppm niobium.

Besides the Quebec government sampling, very little exploration work has been done on the property.

The Mehmet property is located about 65 kilometres southwest of the Crater Lake property, where Scandium Canada has defined a rare earth and scandium resource.

The acquisition of the Mehmet property demonstrates Noble’s commitment to exploring for critical minerals in Canada.

Wayne Holmstead, PGeo (OGQ No. 10434), a qualified person (as such term is defined by National Instrument 43-101), has reviewed the data disclosed in this news release and has otherwise reviewed and approved the technical information in this news release on behalf of Noble Minerals.

About Noble Mineral Exploration Inc.

Noble Mineral Exploration is a Canadian-based junior exploration company. It has holdings of securities in Canada Nickel Company Inc., Homeland Nickel Inc. and East Timmins Nickel Inc. (20 per cent) and an interest in the Holdsworth gold exploration property in the area of Wawa, Ont.

Noble holds mineral and/or exploration rights in approximately 70,000 hectares in Northern Ontario and approximately 14,000 hectares elsewhere in Quebec, upon which it plans to generate option/joint venture exploration programs.

Noble holds mineral rights and/or exploration rights in approximately 18,000 hectares in the Timmins-Cochrane areas of Northern Ontario known as Project 81, approximately 2,215 hectares in Thomas township/Timmins, and an additional 20-per-cent interest in approximately 38,700 hectares in the Timmins area and approximately 175 hectares of mining claims in central Newfoundland. Project 81 hosts diversified drill-ready gold, nickel-cobalt and base metal exploration targets at various stages of exploration. Noble also holds approximately 4,600 hectares in the Nagagami carbonatite complex and its approximately 3,200 hectares in the Boulder project, both near Hearst, Ont. It also holds approximately 3,700 hectares in the Buckingham graphite property, approximately 10,152 hectares in the Havre St. Pierre nickel, copper and PGM (platinum group metal) property, approximately 1,573 hectares in the Cere-Villebon nickel, copper and PGM property, an approximately 569-hectare uranium/rare earth property (Chateau), an approximately 461-hectare uranium/molybdenum property (Taser North), and the 4,465-hectare Mehmet REE property, all of which are in the province of Quebec.

Noble’s common shares trade on the TSX Venture Exchange under the symbol NOB.

We seek Safe Harbor.

https://noblemineralexploration.com/