NOB:CC - Noble Minerals Acquires Uranium-Molybdenum Property in Northern Quebec
(TheNewswire)
Toronto, Ontario – January 30, 2025– TheNewswire - Noble Mineral Exploration Inc. ( “Noble” or the “Company” ) (TSX-V:NOB, FRANKFURT: NB7,OTCQB:NLPXF) is pleased to report acquisition of mining claims on aUranium-Molybdenum prospect in Northern Quebec. The 10 claims wereacquired by map staking to cover approximately 461 hectares and iscalled the Taser North Property
The Taser North Project
The Taser North Property, located in the Ungava Bayregion of northern Quebec, approximately 130 km southeast of thecommunity of Kangirsuk, is a significant exploration area for uraniummineralization. Historically Azimut Exploration Inc., in partnershipwith Majescor Resources Inc., explored the property in 2007 for itspotential to host uranium mineralization. No work has been donesince.
The Taser North Property encompasses a variety ofgeological units, predominantly comprising high-grade metamorphicrocks such as gneisses and schists. These units have been intruded bygranitic and pegmatitic bodies, which are potential hosts for uraniummineralization. The property is aligned along an extensiveregional-scale uranium lake-bottom sediment anomaly referred to as the"Central Quebec Uranium Lineament," indicating a favourableenvironment for uranium mineralization.
The 2007 work identified numerous uranium-bearingoutcrops over a 35-km strike, with samples located on theTaser North property yielding grades up to 0.65% U ? O ? . In addition, molybdenum values upto 0.14% were found associated with the anomalous uranium.
Individual uranium analyses include: 0.65%, 0.58%, 0.30%, 0.29%, 0.18%, 0.12%,0.11%, and 0.10% over 2kmof strike.
Molybdenum analyses include: 0.14%, 0.13% 0.08% and 0.05%.
The anomalous samples are located on the southwestflank of a northwest trending airborne radiometric high in uraniummeasuring 2.5km by 0.5km. In addition, a lake sediment sample takenfrom a lake southwest of the anomalous values on analysis measured 141ppm uranium. (see Figure 1)
Figure 1 - Taser North Project withproperty highlights on an Airborne Uranium Radiometricbackground.
The Taser North Property exhibits significant potentialfor uranium mineralization, supported by its favourable geologicalsetting and positive, historical exploration results. Theidentification of numerous priority targets and high-grade analysesunderscore the property's prospectivity. Further detailed prospecting,geological mapping, sampling, and drilling are recommended to fullyassess and delineate the uranium potential of this property.
Acquisition of Taser North property plus the recentacquisition of the Chateau Property (Noble Press Release dated January17, 2025) demonstrates Noble’s commitment to exploring for criticalminerals in Canada.
Wayne Holmstead, P.Geo (OGQ), a “qualified person”as such term is defined by National Instrument 43-101, has reviewedthe data disclosed in this news release, and has otherwise reviewedand approved this technical information in this news release on behalfof Noble Minerals.
About Noble Mineral Exploration Inc.
Noble Mineral Exploration Inc. is a Canadian-basedjunior exploration company which, in addition to its holdings ofsecurities in Canada Nickel Company Inc., Homeland Nickel Inc., GoMetals Corp. and MacDonald Mines Exploration Ltd., and its interest inthe Holdsworth gold exploration property in the area of Wawa, Ontario,will continue to hold ~1700 ha in Thomas Twp in the Timmins area and~175 ha of mining claims in Central Newfoundland. It also holds~14,600 ha in the Nagagami Carbonatite Complex, and ~4,600 ha in theBoulder Project both near Hearst, Ontario, as well as ~3,700 ha in theBuckingham Graphite Property, ~10,152 ha in the Havre St Pierre Nickel, Copper, PGM property, ~1,573 ha in the Cere-Villebon Nickel,Copper, PGM property, and ~569 ha in the Kitivik area U 3 O 8 and REE’s property all of which are in the province ofQuebec.
More detailed information is available on the websiteat: https://www.noblemineralexploration.com
Noble’s common shares trade on theTSX Venture Exchange under the symbol “NOB.”
Cautionary Statement
Neither TSX Venture Exchange nor its RegulationServices Provider (as that term is defined in the policies of the TSXVenture Exchange) accepts responsibility for the adequacy or accuracyof this release. No stock exchange, securities commission or otherregulatory authority has approved or disapproved the informationcontained herein.
The foregoing information may contain forward-lookingstatements relating to the future performance of Noble MineralExploration Inc. Forward-looking statements, specifically thoseconcerning future performance, are subject to certain risks anduncertainties, and actual results may differ materially from theCompany’s plans and expectations. These plans, expectations, risks,and uncertainties are detailed herein and from time to time in thefilings made by the Company with the TSX Venture Exchange andsecurities regulators. Noble Mineral Exploration Inc. does not assumeany obligation to update or revise its forward-looking statements,whether as a result of new information, future events orotherwise.
Contacts:
H. Vance White, President
Phone: 416-214-2250
Fax: 416-367-1954
Email: info@noblemineralexploration.com
Investor Relations
Email: ir@noblemineralexploration.com
Copyright (c) 2025 TheNewswire - All rights reserved.