04:07:17 EST Tue 18 Nov 2025
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Noble Mineral Exploration Inc (2)
Symbol NOB
Shares Issued 237,299,404
Close 2025-11-17 C$ 0.065
Market Cap C$ 15,424,461
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Noble Mineral stakes Gull Lake REE property in Quebec

2025-11-17 18:01 ET - News Release

Mr. H. Vance White reports

NOBLE MINERALS ACQUIRES A RARE EARTH PROPERTY IN THE VICINITY OF THE MONTVIEL RARE EARTH RESOURCE, QUEBEC, CANADA

Noble Mineral Exploration Inc. has acquired, through map staking, the Gull Lake property in the vicinity of a rare-earth-element-enriched system. The property is located in two blocks of claims located within three kilometres east and west of the Montviel carbonatite-hosted rare earth element resource. The Gull Lake property consists of 54 map-staked units for a total of about 3,000 hectares.

The Montviel deposit is a large REE and niobium carbonatite deposit in Quebec, Canada, owned by Geomega Resources Inc. It has the largest bastnasite (a group of fluoro-carbonates primarily containing cerium) REE resource estimate in North America, with approximately 266 million tonnes grading 1.45 per cent total rare earth oxides (TREO). The deposit is a key asset for Geomega Resources, which is focused on developing metallurgical and refining technologies to extract value from the deposit's REEs, niobium and other co-products such as iron.

A drill hole collared within one kilometre of the Noble claim boundary intersected and ended in carbonatite, similar to that hosting the Montviel REE deposit. The drill hole was drilled in exploration for diamonds and thus not analyzed for REE or other metals.

Noble is planning a program of geophysics and drilling on the property in order to explore the property's potential to host rare earth elements.

Wayne Holmstead, PGeo (OGQ No. 10434), a qualified person as such term is 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 Minerals.

About Noble Mineral Exploration Inc.

Noble Mineral Exploration 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 per cent) and its interest in the Holdsworth gold exploration property in the area of Wawa, Ont.

Noble holds mineral and/or exploration rights in approximately 70,000 hectares in Northern Ontario and approximately 24,000 hectares elsewhere in Quebec, upon which it plans to generate option/joint venture exploration programs.

Noble holds mineral rights and/or exploration rights in approximately 18,000 hectares in the Timmins-Cochrane areas of Northern Ontario known as Project 81, approximately 2,215 hectares in Thomas township/Timmins, as well as an additional 20-per-cent interest in approximately 38,700 hectares in the Timmins area and approximately 175 hectares of mining claims in central Newfoundland. Project 81 hosts diversified drill-ready gold, nickel-cobalt and base metal exploration targets at various stages of exploration. Noble also holds approximately 4,600 hectares in the Nagagami carbonatite complex and its approximately 3,200 hectares in the Boulder project, both near Hearst, Ont., as well as approximately 3,700 hectares in the Buckingham graphite property, approximately 10,152 hectares in the Havre St. Pierre nickel, copper and platinum group metal property, and approximately 1,573 hectares in the Cere-Villebon nickel, copper and PGM property, an approximately 569-hectare uranium/rare earth property (Chateau), an approximately 461-hectare uranium/molybdenum property (Taser North), and the approximately 4,465-hectare Mehmet REE property, all of which are in the province of Quebec.

Noble's common shares trade on the TSX Venture Exchange under the symbol NOB.

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