Noble Mineral eyes US plan to boost mineral production

Mar 25, 2025

2025-03-24 15:44 ET – News Release

Mr. Vance White reports

THE WHITE HOUSE INTRODUCES IMMEDIATE AND VIGOROUS MEASURES TO FAST TRACK THE DOMESTIC MINING INDUSTRY AND PRODUCTION

Noble Mineral Exploration Inc. is pleased to see the White House announced immediate measures to be introduced to significantly increase the United States’ production of lithium, nickel, copper and rare earths, with an eye to increased production, the creation of jobs and, significantly, the reduction of U.S. reliance on foreign nations.

The aim of the United States is to take immediate action to facilitate domestic mineral production to the maximum extent possible.

Heads of related agencies, including defence, energy and agriculture, are to be charged to facilitate domestic mineral production in the United States, providing loans, capital, and technical assistance and working capital, and to facilitate commercially viable domestic mineral production project to the maximum possible extent.

Homeland Nickel Inc. is in a unique position in the U.S., its Oregon project has the potential to become one of the only suppliers of domestic nickel in the country.

Homeland Nickel is poised to enter the U.S. critical minerals market with a project which would qualify for all the government DOD (Department of Defense), DOE (Department of Energy) and IRA subsidies currently available.

A total of 30 EV (electric vehicle) battery plants are either planned, under construction or operational in North America. Of these, three plants are located within 500 miles in the adjoining states of Nevada and California. This is not to mention the global demand for stainless steel. As a consequence, Homeland is currently looking at acquiring additional other advanced nickel-copper properties in this region.

Noble Mineral Exploration currently holds about 19.5 million shares and 750,000 two-year warrants of Homeland Nickel.

Vance White, chief executive officer of Noble Mineral Exploration, said: “As a very large shareholder of Homeland Nickel we are pleased that this may fast track the ability to carry out our proposed programs on the Red Flats and Cleopatra projects in Oregon where we have a potentially very large resource of nickel ore very close to surface. This could get very exciting!”

About Noble Mineral Exploration Inc.

Noble Mineral Exploration is a Canadian-based junior exploration company, which has holdings of securities in Canada Nickel Company Inc., Homeland Nickel, East Timmins Nickel Inc. (20 per cent), and its 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, approximately 14,000 ha elsewhere in Quebec and Newfoundland, 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 Twp/Timmins, as well as 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., as well as approximately 3,700 hectares in the Buckingham graphite property, approximately 10,152 hectares in the Havre St. Pierre nickel, copper, PGM (platinum group metals) property, and approximately 1,573 hectares in the Cere-Villebon nickel, copper, PGM property, approximately 569-hectare uranium/rare-earth property (Chateau) and am approximately 461-hectare uranium/molybdenum property (Taser North), all of which are in the province of Quebec.

We seek Safe Harbor.

https://noblemineralexploration.com/