Mr. H. Vance White reports

NOBLE MINERALS ACQUIRES A RARE EARTH PROPERTY IN LABRADOR

Noble Mineral Exploration Inc. has acquired, through map staking, a REE-enriched (rare earth element) system on its Chapiteau property located 100 kilometres south of the Strange Lake and B-zone deposits and 38 kilometres northeast of the Crater Lake scandium/rare earth resource. The Labrador property consists of 25 map-staked units for a total of approximately 647 hectares.

The property covers ground explored by Midland Exploration Inc. in 2010/2011. During this time, Midland completed a 3,143-line-kilometre airborne magnetic and radiometric survey that identified several new exploration targets for REEs. With the results of the airborne survey, the Midland team prospected and sampled the exposed portions of these magnetic and radiometric anomalies. Regionally, the results from selected samples from 81 rock outcrops and locally derived and mineralized boulders returned very high values of up to 8.34 per cent total rare earth element oxides (TREOs), including yttrium. The proportion of heavy rare earth element oxides (HREOs) ranged from 2.29 per cent to 12.85 per cent HREO for samples containing more than 0.5 per cent TREO. Analysis of individual REEs yielded significant results up to 8.22 per cent cerium oxide (Ce2O3), 3.38 per cent lanthanum oxide (La2O3), 3.39 per cent neodymium oxide (Nd2O3), 0.66 per cent yttrium oxide (Y2O3), 0.96 per cent praseodymium oxide (Pr2O3), 0.19 per cent dysprosium oxide (Dy2O3) and 0.35 per cent gadolinium oxide (Gd2O3).

Regionally, the best concentrations of mineralization are associated with iron oxides nested in pegmatite-aplite dikes and plurimetric iron oxide clusters disseminated in an intrusion interpreted as an alkaline granite. Grab samples from 26 new mineralized areas returned values ranging from 1.02 per cent to 8.34 per cent TREO. The alkaline granite hosting this mineralization manifests itself as an airborne magnetic anomaly nine kilometres in diameter.

On the property recently staked by Noble, six grab samples greater than 0.5 per cent TREO were located by Midland. They ranged from 1.40 to 3.02 per cent TREO with:

• 0.29 to 0.79 per cent La2O3;
• 0.60 to 1.48 per cent Ce2O3;
• 0.06 to 0.14 per cent Pr2O3;
• 0.23 to 0.45 per cent Nd2O3;
• 0.02 to 0.10 per cent Y2O3;
• 0.006 to 0.02 per cent Dy2O3;
• 0.02 to 0.03 per cent Gd2O3.

A series of channel samples and one diamond drill hole (Y3-11-04) were completed on the Chapiteau property in 2011.

Drill hole Y3-11-04 was aimed at the CP North showing. The hole intersected a grey-pink coarse-grained alkaline granite with 2 to 3 per cent disseminated iron oxides and amphiboles. A total of 29 samples varying in length from one to 1.5 metres were collected. All collected samples returned anomalous TREO plus Y2O3 values averaging 0.14 per cent TREO plus Y2O3 ranging from 0.11 to 0.19 per cent TREO plus Y2O3. The best assay results returned 0.13 per cent TREO plus Y2O3 over 7.5 metres from 25.0 to 32.5 metres, 0.14 per cent TREO plus Y2O3 over 12.0 metres from 38.0 to 50.0 metres and 0.16 per cent TREO plus Y2O3 over 7.5 metres from 64.0 to 71.5 metres.

Please note that grab samples and channel samples are select samples and not necessarily representative of the mineralization hosted on the property.

The Chapiteau property is located about 38 kilometres northeast of the Crater Lake property, where Scandium Canada has defined a rare earth and scandium resource (see Chart 1).

The above information in Chart 1 disclosed about Scandium Canada's Crater Lake property is not necessarily indicative of the mineralization on the Chapiteau property.

Acquisition of the Chapiteau property further demonstrates Noble's commitment to exploring for critical minerals in Canada.

The technical content of this release has been reviewed and approved by Mike Kilbourne, PGeo, an independent qualified person as defined by National Instrument 43-101, Standards of Disclosure for Mineral Projects.

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 approximately 3,200 hectares in the Boulder project, both near Hearst, Ont. It also holds approximately 3,700 hectares in the Buckingham graphite property, approximately 10,152 hectares in the Havre St. Pierre nickel, copper and PGM (platinum group metal) property, and approximately 1,573 hectares in the Cere-Villebon nickel, copper, PGM property, an approximately 569-hectare uranium/rare earth property (Chateau), an approximately 461-hectare uranium/molybdenum property (Taser North), an approximately 4,465-hectare REE (rare earth element) property (Mehmet), and the approximately 3,000-hectare Gull Lake 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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