Noble Minerals Acquires a Property with Significant Uranium, Rare Earth, Phosphorus and Silver Mineralization in Northern Quebec
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TSX.V: NOB FWB: NB7 OTCQB: NLPXF
Noble Minerals Acquires a Property with Significant Uranium, Rare Earth,
Phosphorus and Silver Mineralization in Northern Quebec
Highlights
• Historical work indicates grab samples up to 0.24% U₃O₈, 10.6% REE₂O₃ (total rare
earth oxides), 14.3% P₂O₅ (phosphorus pentoxide) and 110.0 g/t Ag (silver)
• Samples ar e associated with a 1 km by 0.5 km thorium-equivalent, airborne
radiometric anomaly.
Toronto, Ontario – January 17 , 2025 – Noble Mineral Exploration Inc. (“Noble” or the
“Company”) (TSX-V:NOB, FRANKFURT: NB7, OTCQB:NLPXF) s pleased to announce the
acquisition of the Chateau Property, a 12 claim property (569 hectares) by map staking in the
Kitivik region of Northern Quebec. Historical work from a reconnaissance program in 2008 by
Azimut Exploration indicated the following results in 4 grab samples taken on the property. This
program identified significant mineralization on a 1 km by 0.5 km, thorium equivalent, airborne
radiometric anomaly and highlights the project’s potential for critical minerals. (Fig 1)
Highlights of the Historical Results:
1. Grab Sample A:
• 0.12% U₃O₈ (uranium oxide)
• 2.73% ThO₂ (thorium dioxide)
• 10.6% REE₂O₃ (rare earth oxides)
• 0.77% Y₂O₃ (yttrium oxide)
• 14.3% P₂O₅ (phosphorus pentoxide)
• 0.10% Pb (lead)
2. Grab Sample B:
• 0.19% U₃O₈
• 0.3% ThO₂
• 110.0 g/t Ag (silver)
• 1.90% ZrO₂ (zirconium dioxide)
• 0.18% Pb
3. Grab Sample C:
• 0.24% U₃O₈
• 0.16% ThO₂
• 0.44% ZrO₂
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• 0.15% Pb
4. Grab Sample D:
• 0.10% U₃O₈
In addition, the area is characterized by high uranium values in lake sediment samples taken by
the Quebec Government. One sample taken 1.3 km east of the rock sampling analyzed 124
ppm uranium. (Fig 1)
Figure 1: Highlights of the Chateau Property on a thorium equivalent, airborne radiometric
anomaly background
Discussion of Results: The past work demonstrates the polymetallic nature of mineralization at
Chateau, with notable concentrations of uranium, thorium, rare earth elements (REEs), yttrium,
phosphorus, zirconium, and silver. In particular, the high- grade Rare Earth and Phosphor us
values in Grab Sample A and the elevated silver and zirconium content in Grab Sample B
underscore the project’s potential to host critical minerals.
Vance White (CEO of Noble Minerals) commented: “We are highly encouraged by these historic
results, which validate the strategic significance of the Chateau Project. The combination of
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critical minerals and rare metals in such concentrations, positions Chateau as a key critical
mineral asset in the Noble group of properties. The global shift toward clean energy, advanced
technologies and the search for North American sources of critical minerals makes this property
a valuable asset and Noble is committed to advancing this project and unlocking its full potential.”
Next Steps: The Company plans to visit the property in the Spring of 2025 to expand the
mineralized footprint with additional samples to refine the geological model. The suite of elements
present may indicate a carbonatite or hyperalkaline source.
Wayne Holmstead P.Geo (ON), a "qualified person" as 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.
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About Noble Mineral Exploration Inc.
Noble Mineral Exploration Inc. is a Canadian- based junior exploration company which, 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, Ontario, will continue to hold ~ 1700 hectares
in Thomas Twp in the Timmins area and ~175 hectares of mining claims in Central
Newfoundland. It will also hold its ~14,600 hectares in the Nagagami Carbonatite Complex
and its ~4,600 hectares in the Boulder Project both near Hearst, Ontario, as well as ~3,700
hectares in the Buckingham Graphite Property, ~10,152 hectares in the Havre St Pierre
Nickel, Copper, PGM property, and ~482 hectares in the Cere-Villebon Nickel, Copper, PGM
property, all of which are in the province of Quebec. Noble’s common shares trade on the
TSX Venture Exchange under the symbol “NOB”.
More detailed information on Noble is available on the website at
www.noblemineralexploration.com.
Cautionary Statement Concerning Forward-Looking Statements
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 uncertainties, 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]
Investor Relations
Email: [email protected]