Noble Mineral to Drill Thomas Carbonatite Near Timmins, Ontario with help of Ontario Junior Exploration Program
(TheNewswire)
Toronto, Ontario – January 22, 2026 – TheNewswire - Noble Mineral Exploration Inc. (“Noble”or the“Company”) (TSX-V:NOB, FRANKFURT: NB7,OTCQB:NLPXF) is pleased to report that it has signed a drill contractfor drilling on the Thomas Rare Earth property near Timmins Ontario.
Thomas Carbonatite – Rare EarthProject
Research by the staff of Noble identified a magneticfeature in Thomas Township that resembles a classiccarbonatite, magneticsignature. Carbonatites are a special group of carbonate-richigneous rocks and the world’s primary source of rare earth elements(REE), niobium, zirconium, and phosphate oxide. In most cases, carbonatites are intrusive orsubvolcanic, forming cone sheets, volcanic necks, dykes, sills,breccias, and veins. Because carbonate minerals weather so easilyoutcropping of carbonatitic rock is rare and the Thomas Carbonatite isno exception.
The magnetic signature of a carbonatite usuallyresembles a donut shaped body with a magnetic high surrounding anextreme magnetic low (see Fig 1). The magnetic low is caused by thecarbonate rich section of the intrusion and may be the carrier ofrare earth elements(REE), niobium, zirconium, and phosphate oxide.
To the best of our knowledge, the magnetic structurehas never been drilled and does not outcrop on surface.
In 2023, a magnetometer and VLF-EM survey was completedby Noble to identify the exact position of the magnetic low and thedepth of the overburden in order to prepare for the present drilling. Phase 2 will consist of drilling into the magnetic low to confirmthe existence of a carbonatite and test for economicmineralization.
Noble has been awarded an Ontario Junior ExplorationProgram grant by the Ontario Government. The grant provides a 50%rebate on exploration programs of up to $200,000 on a $400,000exploration program in Ontario.
Figure 1: Airborne Magnetic surveyover Thomas Structure. Distance between lines 100m.
Figure 2: Ground Magnetic survey overThomas Structure
Vance White, Presidentand CEO of Noble, said “We are pleased to start up a drill programon this exciting untested project in light of the geopoliticalinterest in finding new sources of Rare Earth Elements. We also appreciate the assistanceOntario’s OJEP.”
Wayne Holmstead P.Geo. #2509, a "qualifiedperson" as such term is defined by National Instrument 43-101,has verified the data disclosed in this news release, and hasotherwise reviewed and approved the technical information in this newsrelease on behalf of Noble.
About Noble Mineral Exploration Inc.
Noble Mineral Exploration Inc. is a Canadian-basedjunior exploration company, which has holdings of securities in CanadaNickel Company Inc., Homeland Nickel Inc., East Timmins Nickel Inc.(20%), and its interest in the Holdsworth gold exploration property inthe area of Wawa, Ontario.
Noble holds mineral and/or exploration rights in~70,000ha in Northern Ontario and ~24,000ha elsewhere in Quebec uponwhich 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 Ontarioknown as Project 81, ~2,215 hectares in Thomas Twp/Timmins, as well asan additional 20% interest in ~38,700 hectares in the Timmins areaheld by East Timmins Nickel. Project 81 hosts diversified drill-readygold, nickel-cobalt and base metal exploration targets at variousstages of exploration. Noble also holds ~4,600 hectares in theNagagami Carbonatite Complex and its ~3,200 hectares in the BoulderProject both near Hearst, Ontario. ~3,700 hectares in the BuckinghamGraphite 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 LakeREE Property all of which are in the Province of Quebec and the ~ 647 hectareChapiteau REE property in Labrador.
. https://www.noblemineralexploration.com
Noble’s common shares trade on the TSX VentureExchange 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, risksand 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 notassume any obligation to update or revise its forward-lookingstatements, 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: ir@noblemineralexploration.com
Copyright (c) 2026 TheNewswire - All rights reserved.
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