Noble Mineral acquires Taser North property in Quebec

Jan 30, 2025

2025-01-30 15:52 ET – News Release

Mr. H. Vance White reports

NOBLE MINERALS ACQUIRES URANIUM-MOLYBDENUM PROPERTY IN NORTHERN QUEBEC

Noble Mineral Exploration Inc. has acquired mining claims on a uranium-molybdenum prospect in Northern Quebec. The 10 claims were acquired by map staking to cover approximately 461 hectares and are called the Taser North property.

The Taser North project

The Taser North property, located in the Ungava Bay region of Northern Quebec, approximately 130 kilometres southeast of the community of Kangirsuk, is a significant exploration area for uranium mineralization. Historically, Azimut Exploration Inc., in partnership with Majescor Resources Inc., explored the property in 2007 for its potential to host uranium mineralization. No work has been done since.

The Taser North property encompasses a variety of geological units, predominantly comprising high-grade metamorphic rocks such as gneisses and schists. These units have been intruded by granitic and pegmatitic bodies, which are potential hosts for uranium mineralization. The property is aligned along an extensive regional-scale uranium lake-bottom sediment anomaly referred to as the Central Quebec uranium lineament, indicating a favourable environment for uranium mineralization.

The 2007 work identified numerous uranium-bearing outcrops over a 35-kilometre strike, with samples located on the Taser North property yielding grades up to 0.65 per cent U3O8 (triuranium octoxide). In addition, molybdenum values up to 0.14 per cent were found associated with the anomalous uranium.

Individual uranium analyses include: 0.65 per cent, 0.58 per cent, 0.30 per cent, 0.29 per cent, 0.18 per cent, 0.12 per cent, 0.11 per cent and 0.10 per cent over two kilometres of strike.

Molybdenum analyses include: 0.14 per cent, 0.13 per cent 0.08 per cent and 0.05 per cent.

The anomalous samples are located on the southwest flank of a northwest-trending airborne radiometric high in uranium measuring 2.5 kilometres by 0.5 kilometre. In addition, a lake sediment sample taken from a lake southwest of the anomalous values on analysis measured 141 parts per million uranium.

The Taser North property exhibits significant potential for uranium mineralization, supported by its favourable geological setting and positive, historical exploration results. The identification of numerous priority targets and high-grade analyses underscore the property’s prospectivity. Further detailed prospecting, geological mapping, sampling and drilling are recommended to fully assess and delineate the uranium potential of this property.

Acquisition of Taser North property plus the recent acquisition of the Chateau property (see Noble’s press release dated Jan. 17, 2025) demonstrates Noble’s commitment to exploring for critical minerals in Canada.

Wayne Holmstead, PGeo (OGQ), 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 this 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 that, in addition to its holdings of securities in Canada Nickel Company Inc., Homeland Nickel Inc., Go Metals Corp. and MacDonald Mines Exploration Ltd. and its interest in the Holdsworth gold exploration property in the area of Wawa, Ont., will continue to hold approximately 1,700 hectares in Thomas township in the Timmins area and approximately 175 hectares of mining claims in central Newfoundland. It also holds approximately 14,600 hectares in the Nagagami carbonatite complex and approximately 4,600 hectares in the Boulder project, both near Hearst, Ont.; as well as approximately 3,700 hectares in the Buckingham graphite property, approximately 10,152 hectares in the Havre St. Pierre nickel/copper/platinum group metal property, approximately 1,573 hectares in the Cere-Villebon nickel/copper/platinum group metal property, and approximately 569 hectares in the Kitivik area U3O8 and rare earth element property, all of which are in the province of Quebec.

We seek Safe Harbor.

https://noblemineralexploration.com/