TORONTO, May 4, 2012 /PRNewswire/ -- Noble Mineral
Exploration Inc. (the "Company," "Noble" or "NOB")
(TSX-V:NOB, FRANKFURT: NB7,
OTC.PK:NLPXF) is pleased to announce the commencement of the
diamond drilling campaign on the Lucas Gold Target, Project 81,
Lucas Township, Timmins Area,
Northern Ontario, Canada. The
programme is designed to test over a 700m strike length of the
mineralized structures outlined by a recently completed IP Survey
and Airborne Differential Magnetic, VLF, TEM and Radiometric
Surveys over the target area.
A program totalling six (6) NQ size diamond drill holes for
approximately 3800m has been designed for this preliminary drill
campaign in order to confirm results of earlier drilling dating
back to 1960-1980s by Canico, McIntyre Porcupine Mines Ltd, and
Abitibi Price Resources on the Lucas Township Gold Target.
Historical non 43-101 compliant results have been previously
released by the company in earlier releases dated Dec. 01, 2011 and Dec. 05,
2011. The drill program is also designed to follow Airborne
Gradiometer Magnetic, VLF, Radiometric, and TEM surveys completed
in late 2011, (NR Dec 5. 2011) and a
45km IP survey over a 1500m by 3000m grid at 100m line spacing in
early 2012 (NR Jan. 12, 2012)
completed by NOB earlier this year.
About Project 81:
Project 81, the Company's flagship project, is a 72,218-hectare
(187,381 acres) patented and staked land package divided into 2
blocks. The patents include surface, mineral and timber rights, and
host a significant timber resource plus a number of zones that have
historical exploration identifying nickel and gold mineralization
(these sample results are historical and non 43-101 compliant) from
work carried out in the 1960s and 1970s, which have been
confirmed by recent assay results from the current, ongoing drill
program.
Michael Newbury, P. Eng. (ON), a
"qualified person" as such term is defined by National Instrument
43-101 and a Director of Noble, has verified the data disclosed in
this news release, and has otherwise reviewed and approved the
technical information in this news release on behalf of Noble. Core
logging and sample regime protocol are being carried out by
Geologist Howard Lahti, PhD., P.Geo. (NB), while all field
activities are under the direct supervision of Randy Singh, P.Geo. (ON), P.Eng. (ON), VP-
Exploration & Project Development.
About Noble Mineral Exploration Inc.:
Noble Mineral Exploration Inc. is a Canadian-based junior
exploration company holding in excess of 72,000 hectares (187,000
acres) of property in the Timmins,
Iroquois Falls and Smooth Rock Falls areas of Northern Ontario, upon which it plans to
develop and implement an exploration program for 2012. It
also holds a portfolio of diversified exploration projects at
various stages of exploration and drilling for
Vanadium/Nickel/Copper/Chromium/PGM in the 'Ring of Fire' McFauld's
Lake Area of Northern Ontario,
Gold in the Wawa area of
Northern Ontario, and Uranium in
Northern Saskatchewan.
More detailed information is available on the website at
www.noblemineralexploration.com
Cautionary Statement:
Neither TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release. No stock exchange,
securities commission or other regulatory authority has approved or
disapproved the information contained herein.
The foregoing information may contain forward-looking statements
relating to the future performance of Noble Mineral Exploration
Inc. Forward-looking statements, specifically those concerning
future performance, are subject to certain risks and uncertainties,
and actual results may differ materially from the Company's plans
and expectations. These plans, expectations, risks and
uncertainties are detailed herein and from time to time in the
filings made by the Company with the TSX Venture Exchange and
securities regulators. Noble Mineral Exploration Inc. does
not assume any obligation to update or revise its forward-looking
statements, whether as a result of new information, future events
or otherwise.
Contacts:
Ring of Fire Resources Inc.
H. Vance White, President
Phone: 416-214-2250
Fax: 416-367-1954
eMail: info@noblemineralexploration.com
Investor Relations
Phone: 416-214-2250
eMail: ir@noblemineralexploration.com
SOURCE Noble Mineral Exploration Inc.