Noble Mineral Exploration Acquires Rare Earth Prospect in Northern Quebec
TL;DR
Noble Mineral Exploration gains strategic advantage by acquiring the 4,465-hectare Mehmet Property with high rare earth element concentrations in Quebec's emerging critical minerals district.
Noble acquired 90 mining claims via map staking covering a 10-kilometer circular magnetic structure containing fractured syenite with allanite crystals and rare earth element mineralization.
This acquisition supports Canada's critical minerals supply chain for green technologies, contributing to sustainable energy solutions and economic development in Northern Quebec communities.
The Mehmet Property features a unique circular magnetic structure with exceptionally high rare earth concentrations, including 2,157 ppm total rare earth elements in government samples.
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Noble Mineral Exploration Inc. has acquired mining claims on the Mehmet Property, a rare earth prospect in Northern Quebec covering approximately 4,465 hectares. The property was acquired through map staking and represents the company's latest move in expanding its critical minerals portfolio. The Mehmet Property is located approximately 163 kilometers east of Schefferville on the Quebec-Labrador border, situated in a geological region classified as hyperalkaline rock formation with associated rare metals.
Geological surveys identify the area as forming a circular magnetic structure about 10 kilometers across, with mineralization occurring in an alkali feldspar and clinopyroxene syenite containing abnormally high amounts of allanite crystals and numerous allanite-filled microfractures. Rock analyses conducted by the Quebec government revealed significant rare earth element concentrations, with sample 1986016233 showing 2,157.1 parts per million total rare earth elements, including 114.4 ppm heavy rare earth elements. Additional findings included 2,144.6 ppm zirconium, 392.7 ppm neodymium, 135.3 ppm yttrium, 26.1 ppm thorium, and 71.5 ppm niobium.
Despite these promising analytical results, very little exploration work has been conducted on the property beyond the initial government sampling, presenting significant exploration potential. The property's strategic location places it approximately 65 kilometers southwest of the Crater Lake Property, where Scandium Canada has defined a rare earth and scandium resource. This proximity to established rare earth resources enhances the property's potential significance in the regional critical minerals landscape.
The technical information regarding the Crater Lake Project resource definition is detailed in the NI 43-101 Technical Report and Updated Mineral Resource Estimate prepared by qualified professionals. Wayne Holmstead, P.Geo, a qualified person as defined by National Instrument 43-101, reviewed and approved the technical information disclosed in the announcement. The acquisition aligns with Noble Minerals' broader strategy of exploring for critical minerals across its Canadian holdings, which include approximately 70,000 hectares in Northern Ontario and additional properties in Quebec.
The company maintains its commitment to responsible mineral exploration while expanding its presence in the critical minerals sector, which has gained increasing importance for various technological and industrial applications. The Mehmet Property acquisition represents a strategic addition to the company's portfolio in a region showing promising geological characteristics for rare earth element mineralization, positioning Noble Mineral Exploration to potentially contribute to North America's critical minerals supply chain.
Curated from NewMediaWire
