Historic Government Data Reveals Significant Scandium and Rare Earth Element Potential in the Chibougamau Area

(TheNewswire)

Toronto, Ontario – TheNewswire - March 16, 2026 – Noble Mineral Exploration Inc.(“Noble” or the “Company”)(TSX-V:NOB, FRANKFURT: NB7, OTCQB:NLPXF) is pleased to report that areview of historic government geochemical data from the Chibougamau Area hasidentified multiple anomalous concentrations of scandium (Sc) and rareearth elements (REE) from rock samples collected during a 1986government survey.  A total of 22 claims for a total of 1,232Hectares has been acquired through map staking.

The area of the claims is about 90 km southwest ofChibougamau, Quebec and exhibit both basalt (V3B) andtonalite (I1D) lithologies and demonstrate elevated scandium values alongwith associated critical metals including niobium (Nb), thorium (Th),beryllium (Be), germanium (Ge), vanadium (V), copper (Cu), manganese(Mn), and total rare earth elements.

Key Highlights from the QuebecDataset (Report MB 90-01)

• Sample 1986000266(Basalt) returned 530 ppm scandium, oneof the highest values in the dataset, accompanied by 360 ppm vanadium, 160 ppm copper, 30 ppmniobium, and 0.19% manganese 

• Sample 1986000257(Tonalite) returned 247 ppm scandium withassociated niobium and thoriumenrichment 

• Sample 1986000256(Tonalite) returned 185 ppm scandium,also with elevated thorium andniobium 

• Sample 1986000289(Tonalite) returned 148 ppm scandium anda notable 405.3 ppm total rareearth elements (REE) along with 32 ppm thorium 

• Sample 1986000258(Tonalite) returned 91 ppm scandium withadditional trace element enrichment. 

Exploration Implications

The presence of multiple anomalous scandium values across severallithologies within the same map sheet indicatesa potentially broader mineralized system. Scandium is a critical metalused in high-strength aluminumalloys, solid oxide fuel cells, and advanced aerospacematerials, making new sources strategicallyimportant.

The association with rare earth element and high-field-strengthelements such as niobium and thorium furtherstrengthens the geological significance of the area and may pointtoward a fertile intrusive ormagmatic system capable of hosting critical metalmineralization.

Next Steps

The historic dataset provides a compelling basis formodern exploration techniques, including:

• High-resolution geochemical sampling 

• Structural and lithological mapping 

• Geophysical surveys 

• Targeted drilling programs 

Re-evaluation of historical government datasetscontinues to demonstrate the value of archival geological work inidentifying previouslyoverlooked critical mineral opportunities.

Vance White, President and CEO of Noble, said “We arevery pleased to acquire this exciting new project in light of thegeopolitical interest in finding new sources ofScandium and Rare Earth Elements”  

Wayne Holmstead Quebec P.Geo. #10434, a "qualifiedperson" as such term is defined by National Instrument 43-101,has verified the data disclosed in this news release, and hasotherwise reviewed and approved the technical information in this newsrelease on behalf of Noble.

About Noble Mineral Exploration Inc.

Noble Mineral Exploration Inc. is a Canadian-basedjunior exploration company, which has holdings of securities in CanadaNickel Company Inc., Homeland Nickel Inc., East Timmins Nickel Inc.(20%), and its interest in the Holdsworth gold exploration property inthe area of Wawa, Ontario.

Noble holds mineral and/or exploration rights in~70,000ha in Northern Ontario and ~24,000ha elsewhere in Quebec uponwhich it plans to generate option/joint venture exploration programs.

Noble holds mineral rights and/or exploration rights in~18,000 hectares in the Timmins-Cochrane areas of Northern Ontarioknown as Project 81, ~2,215 hectares in Thomas Twp/Timmins, as well asan additional 20% interest in ~38,700 hectares in the Timmins areaheld by East Timmins Nickel. Project 81 hosts diversified drill-readygold, nickel-cobalt and base metal exploration targets at variousstages of exploration. Noble also holds ~4,600 hectares in theNagagami Carbonatite Complex and its ~3,200 hectares in the BoulderProject both near Hearst, Ontario.  ~3,700 hectares in the BuckinghamGraphite Property, ~10,152 hectares in the Havre St Pierre  Nickel,Copper, PGM property, and ~1,573 hectares in the Cere-Villebon Nickel,Copper, PGM property, ~569 hectare Uranium/Rare Earth property(Chateau), ~461 hectare Uranium/Molybdenum property (Taser North), ~4,465 hectares REE Mehmet Property, and the ~3300 hectare Gull LakeREE Property all of which are in the Province of Quebec and the ~ 647 hectareChapiteau REE property in Labrador.

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         Noble’s common shares trade on the TSXVenture Exchange under the symbol “NOB”.

         Cautionary Statement

Neither TSX Venture Exchange nor its RegulationServices Provider (as that term is defined in the policies of the TSXVenture Exchange) accepts responsibility for the adequacy or accuracyof this release. No stock exchange, securities commission or otherregulatory authority has approved or disapproved the informationcontained herein.

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 anduncertainties, and actual results may differ materially from theCompany’s plans and expectations. These plans, expectations, risksand uncertainties are detailed 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: ir@noblemineralexploration.com      

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