Noble Mineral Exploration Inc. Commences Phase 1 Summer Exploration Programs on Quebec Critical Minerals Projects
TSX.V: NOB FWB: NB7 OTCQB: NLPXF
Noble Mineral Exploration Inc. Commences Phase 1 Summer
Exploration Programs on Quebec Critical Minerals Projects
Toronto, Ontario – May 11, 2026 – Noble Mineral Exploration Inc. (“Noble” or the
“Company”) (TSX-V:NOB, FRANKFURT: NB7, OTCQB:NLPXF Noble Mineral Exploration Inc.
(“Noble” or the “Company”) is pleased to announce the commencement of its Phase 1, 2026 summer
exploration season with surface exploration programs planned on its Gull Lake Rare Earth Element (“REE”)
property and the Scandium Property in Quebec, Canada.
Gull Lake Rare Earth Property (See Noble Press Release November 17, 2025)
The Gull Lake Property, located in north -central Quebec, consists of two claim blocks strategically
positioned approximately three kilometers east and west of the Montviel Carbonatite -hosted Rare Earth
Element deposit. The property is road accessible.
The Montviel deposit, owned by Geomega Resources Inc., represents one of North America’s largest
bastnaesite-hosted rare earth element resources. The deposit is also enriched niobium, neodymium and
praesidium has become an important strategic critical minerals project in Quebec.
Noble’s summer exploration program at Gull Lake will include prospecting, geological mapping, sampling,
and reconnaissance-scale evaluation of prospective carbonatite and alkaline intrusive targets associated
with the regional Montviel intrusive complex. T he Company believes the proximity of its claims to the
Montviel deposit provides excellent potential for the discovery of additional REE -bearing carbonatite
systems.
The 2026 exploration campaign is designed to advance priority target areas identified through compilation
of historical geological information, regional geophysical datasets, and interpretation of favorable
structural and lithological trends associated with carbonatite-hosted rare earth mineralization.
Management of Noble believes the growing demand for critical minerals, including rare earth elements
used in electric vehicles, renewable energy technologies, advanced electronics, and defense applications,
continues to strengthen the long-term exploration potential of strate gically located and road accessible
Quebec REE projects.
Scandium Property, Quebec (see Noble Press Release March 16, 2026)
The Scandium Property consists of 22 claims totaling approximately 1,232 hectares located approximately
90 kilometres southwest of Chibougamau. The property is road accessible
A review of historic Quebec government geochemical data from Report MB 90 -01 identified multiple
anomalous scandium and rare earth element values from rock samples collected during a 1986
government survey. The property covers basalt (V3B) and tonalite (I1D) lithologies associated with
elevated scandium and a suite of critical metals including niobium, thorium, beryllium, germanium,
vanadium, copper, manganese, and total rare earth elements.
Scandium values up to 530 ppm (813 Sc2O3) were detected in Tonalitic/Basaltic lithologies.
Management believes the presence of multiple anomalous scandium occurrences across several
lithologies within the same district may indicate a broader mineralized system with potential for critical
metal enrichment.
Scandium is considered a strategic critical mineral due to its use in high -strength aluminum alloys,
aerospace applications, solid oxide fuel cells, and advanced technologies. The association of scandium
with rare earth elements and high-field-strength elements such as niobium and thorium may indicate the
presence of a fertile intrusive or magmatic system capable of hosting significant critical mineral
mineralization.
“Noble is pleased to begin its summer field programs on highly prospective critical mineral projects in
Quebec and Labrador,” stated Vance White, President and CEO of Noble minerals.
The Company will provide further updates as exploration progresses and analytical results become
available.
Following the Phase 1 program, Noble will commence Phase 2 exploration on the following Projects:
The Chapiteau Rare Earth Property, Labrador (See Noble Press Release November 25, 2025)
And the Mehmet Rare Earth Property, Quebec ((See Noble Press Release November 5, 2025)
Wayne Holmstead Quebec P.Geo. # 10434, a "qualified person" as such term is defined by National
Instrument 43-101, has verified the data disclosed in this news release, and has otherwise reviewed and
approved the technical information in this news release on behalf of Noble.
About Noble Mineral Exploration Inc.
Noble Mineral Exploration Inc. is a Canadian-based junior exploration company, which has holdings of
securities in Canada Nickel Company Inc., Homeland Nickel Inc., East Timmins Nickel Inc. (20%), and its
interest in the Holdsworth gold exploration property in the area of Wawa, Ontario.
Noble holds mineral and/or exploration rights in ~70,000ha in Northern Ontario and ~24,000ha elsewhere
in Quebec upon which it plans to generate option/joint venture exploration programs.
Noble holds mineral rights and/or exploration rights in ~18,000 hectares in the Timmins -Cochrane areas
of Northern Ontario known as Project 81, ~2,215 hectares in Thomas Twp/Timmins, as well as an
additional 20% interest in ~38,700 hectares in the Timmins area held by East Timmins Nickel. Project 81
hosts diversified drill-ready gold, nickel -cobalt and base metal exploration targets at various stages of
exploration. Noble also holds ~4,600 hectares in the Nagagami Carbonatite Complex and its ~3,200
hectares in the Boulder Project both near Hearst, Ontario. ~3,700 hectares in the Buckingham Graphite
Property, ~10,152 hectares in the Havre St Pierre Nickel, Copper, PGM property, and ~1,573 hectares in
the Cere-Villebon Nickel, Copper, PGM property, ~569 hectare Uranium/Rare Earth property (Chateau),
~461 hectare Uranium/Molybdenum property (Taser North), ~4,465 hectares REE Mehmet Property, and
the ~3300 hectare Gull Lake REE Property all of which are in the Province of Quebec and the ~ 647 hectare
Chapiteau REE property in Labrador.
https://www.noblemineralexploration.com
Noble’s common shares trade on the TSX Venture Exchange under the symbol “NOB”.
Cautionary Statement
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies
of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. No stock
exchange, securities commission or other r egulatory authority has approved or disapproved the
information contained herein.
The foregoing information may contain forward-looking statements relating to the future performance of
Noble Mineral Exploration Inc. Forward -looking statements, specifically those concerning future
performance, are subject to certain risks and uncertainti es, and actual results may differ materially from
the Company’s plans and expectations. These plans, expectations, risks and uncertainties are detailed
herein and from time to time in the filings made by the Company with the TSX Venture Exchange and
securities regulators. Noble Mineral Exploration Inc. does not assume any obligation to update or revise
its forward-looking statements, whether as a result of new information, future events or otherwise.
Contacts: H. Vance White, President
Phone: 416-214-2250 Fax: 416-367-1954
Email: [email protected]