Northwire Canada EditionTuesday, September 15, 2026
Northwire
GOLD 4333.20 −0.4% SILVER 64.39 +0.4% COPPER 6.44 +0.6% OIL 101.41 +0.0% PALLADIUM 1310.00 +0.2% NTH 0.165 +0.0% ADG 0.430 +0.0% NOVA 0.165 +0.0% PER 0.140 +0.0% MACK 3.04 +0.0% CTGO 25.75 +0.0% GEMG 1.57 +0.0% MLP 2.54 +0.0% GSKR 3.28 +0.0% SYH 0.410 +0.0% AHR 1.01 +0.0% MCC 0.200 +0.0% PMI 0.680 +0.0% ONAU 0.610 +0.0% SAGA 0.355 +0.0% NOB 0.060 +0.0% GOLD 4333.20 −0.4% SILVER 64.39 +0.4% COPPER 6.44 +0.6% OIL 101.41 +0.0% PALLADIUM 1310.00 +0.2% NTH 0.165 +0.0% ADG 0.430 +0.0% NOVA 0.165 +0.0% PER 0.140 +0.0% MACK 3.04 +0.0% CTGO 25.75 +0.0% GEMG 1.57 +0.0% MLP 2.54 +0.0% GSKR 3.28 +0.0% SYH 0.410 +0.0% AHR 1.01 +0.0% MCC 0.200 +0.0% PMI 0.680 +0.0% ONAU 0.610 +0.0% SAGA 0.355 +0.0% NOB 0.060 +0.0%
Drill Results Routine +

Noble Mineral plans phase 2 work at Chapiteau, Mehmet

Noble Mineral’s Phase 2 REE work at Chapiteau and Mehmet offers incremental upside despite cash burn and early-stage geology.

Executive Summary
  • Noble Mineral Exploration Inc. announced Phase 2 of its 2026 summer exploration program, focusing on surface geological and geochemical work at its Chapiteau (Labrador) and Mehmet (Quebec) rare earth element (REE) properties.
  • The program utilizes helicopter support from Canadian Helicopters out of Goose Bay, Labrador, scheduled for the last week of June and first week of July 2026.
  • Historical data for Chapiteau shows grab samples up to 8.34% TREO and heavy rare earth enrichment (HREO) up to 12.85%. A single historical drill hole (Y3-11-04) returned an average of 0.14% TREO + Y2O3.
  • The Mehmet property is classified as a hyperalkaline rare-metals showing with government samples returning 2,157.1 ppm total REE.
  • CEO H. Vance White stated the program aims to determine follow-up exploration plans for later in the summer and early fall 2026.
  • Technical data is verified by Wayne Holmstead, Quebec P.Geo., a Qualified Person under NI 43-101.
Material Impact
  • The announcement is a routine operational update that aligns with the company's previously disclosed summer exploration schedule.
  • It provides no new drill results, resource estimates, or financing terms. The historical geochemical data has been known since the property staking announcements in late 2025.
  • The market has already priced in the exploration phase, and the release serves primarily to confirm logistical execution rather than deliver a material catalyst.
  • Impact on stock price is expected to be minimal to slightly positive, consistent with routine exploration progress updates.
NOB · Price
Company Overview
  • Noble Mineral Exploration operates a diversified portfolio of early-stage critical mineral projects across Quebec, Labrador, and Ontario.
  • The company does not have a single flagship project but instead pursues a portfolio strategy targeting REEs, nickel, copper, PGMs, graphite, and uranium.
  • Key properties include Chapiteau and Mehmet (REEs), Gull Lake (adjacent to Montviel carbonatite), Cere-Villebon (Ni-Cu-PGM), and Timmins-area VMS targets.
  • The strategy relies on staking prospective ground, leveraging historical data, and advancing through surface exploration before committing to capital-intensive drilling.
Read the original news release →

More from Noble Mineral Exploration Inc.