MARKET WIRE NEWS

Noble Minerals Acquires a Property with Significant Uranium, Rare Earth, Phosphorus and Silver Mineralization in Northern Quebec

Source: TheNewsWire

(TheNewswire)

Highlights

  • Historical work indicates grab samples up to 0.24% U , 10.6% REE (total rare earth oxides), 14.3% P (phosphoruspentoxide) and 110.0 g/t Ag (silver)

  • Samples are associated with a 1 km by 0.5 kmthorium-equivalent, airborne radiometric anomaly.

Toronto, Ontario – TheNewswire - January 17, 2025 – Noble MineralExploration Inc. ( “Noble” orthe “Company” ) (TSX-V:NOB, FRANKFURT: NB7,OTCQB:NLPXF) s pleased to announce the acquisition of the ChateauProperty, a 12 claim property (569 hectares) by map staking in theKitivik region of Northern Quebec.  Historical work from areconnaissance program in 2008 by Azimut Exploration indicated thefollowing results in 4 grab samples taken on the property.  Thisprogram identified significant mineralization on a 1 km by 0.5 km, thorium equivalent, airborne radiometric anomalyand highlights the project’s potential forcritical minerals. (Fig 1)

Highlights of the HistoricalResults:

  1. Grab Sample A

  • 0.12% U (uranium oxide)

  • 2.73% ThO (thoriumdioxide)

  • 10.6% REE (rare earthoxides)

  • 0.77% Y (yttrium oxide)

  • 14.3% P (phosphoruspentoxide)

  • 0.10% Pb (lead)

  1. Grab Sample B

  • 0.19% U

  • 0.3% ThO

  • 110.0 g/t Ag (silver)

  • 1.90% ZrO (zirconiumdioxide)

  • 0.18% Pb

  1. Grab Sample C

  • 0.24% U

  • 0.16% ThO

  • 0.44% ZrO

  • 0.15% Pb

  1. Grab Sample D

  • 0.10% U

In addition, the area is characterized by high uraniumvalues in lake sediment samples taken by the Quebec Government.  Onesample taken 1.3 km east of the rock sampling analyzed 124 ppmuranium. (Fig 1)


Click Image To View Full Size

Figure 1: Highlights of the Chateau Property on athorium equivalent, airborne radiometric anomaly background

Discussion of Results: The past work demonstrates the polymetallic nature ofmineralization 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 Phosphorusvalues in Grab Sample A and the elevated silver and zirconium contentin Grab Sample B underscore the project’s potential to host criticalminerals.

Vance White (CEO of Noble Minerals) commented: “Weare highly encouraged by these historic results, which validate thestrategic significance of the Chateau Project.  The combination ofcritical minerals and rare metals in such concentrations, positionsChateau as a key critical mineral asset in the Noble group ofproperties.  The global shift toward clean energy, advancedtechnologies and the search for North American sources of criticalminerals makes this property a valuable asset and Noble is committedto advancing this project and unlocking its full potential.”

Next Steps: TheCompany plans to visit the property in the Spring of 2025 to expandthe mineralized footprint with additional samples to refine thegeological model.  The suite of elements present may indicate acarbonatite or hyperalkaline source.

Wayne Holmstead P.Geo (ON), a "qualifiedperson" as defined by National Instrument 43-101, has reviewedthe data disclosed in this news release, and has otherwise reviewedand approved the technical information in this news release on behalfof Noble.

.

About Noble Mineral ExplorationInc.

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 hectares in Thomas Twp in the Timmins areaand ~175 hectares of mining claims in Central Newfoundland.  It willalso hold its ~14,600 hectares in the Nagagami Carbonatite Complex andits ~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, PGMproperty, and ~482 hectares in the Cere-Villebon Nickel, Copper, PGMproperty, all of which are in the province of Quebec. Noble’s common shares trade on the TSX Venture Exchangeunder the symbol “NOB”.

More detailed information on Noble is available on thewebsite at www.noblemineralexploration.com .

Cautionary Statement Concerning Forward-Looking Statements

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 and uncertainties, andactual results may differ materially from the Company’s plans andexpectations. These plans, expectations, risks and uncertainties aredetailed 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

Email: ir@noblemineralexploration.com

Copyright (c) 2025 TheNewswire - All rights reserved.

Noble Mineral Exploration Inc.

NASDAQ: NOB:CC

NOB:CC Trading

0.0% G/L:

$0.08 Last:

830,853 Volume:

$0.075 Open:

mwn-app Ad 300

NOB:CC Latest News

February 19, 2026 05:50:00 pm
Noble Undertakes Debt Settlement

NOB:CC Stock Data

$0
0
N/A
N/A

Subscribe to Our Newsletter

Link Market Wire News to Your X Account

Download The Market Wire News App