Mr. Vance White reports

NOBLE MINERALS ANNOUNCES NON-BROKERED PRIVATE PLACEMENT

Noble Mineral Exploration Inc. is undertaking a non-brokered private placement, on a best efforts basis, involving the issuance of up to 10 million flow-through common share units priced at 7.5 cents per unit, subject to increase of up to 25 per cent at the discretion of Noble should investor interest warrant doing so. The gross proceeds to be raised are up to $750,000, subject to increase as noted. Each FT unit will comprise one common share to be issued as a flow-through share as defined in the Income Tax Act (Canada) and designated as a flow-through common share and one-half non-flow-through common share purchase warrant, each full warrant exercisable for two years for one common share in the capital of the company at an exercise price of 12.5 cents per common share.

The company may pay compensation to a broker conducting due diligence on investors, with the compensation to be paid in cash plus broker warrants of up to 7 per cent of the number of FT units placed in the private placement, each broker warrant exercisable for two years for one common share in the capital of the company at an exercise price of 7.5 cents per common share.

The securities to be issued in this private placement are subject to a four-month hold period.

The private placement is subject to completion of formal documentation and the approval of the TSX Venture Exchange, as well as any other required regulatory approvals. Noble intends to use the proceeds raised through the private placement to finance exploration expenditures on the company's properties located in Ontario.

About Noble Mineral Exploration Inc.

Noble Mineral Exploration is a Canadian-based junior exploration company that, in addition to its shareholdings in Canada Nickel Company Inc., Spruce Ridge Resources Ltd., Go Metals Corp. and MacDonald Mines Exploration Ltd., also has interest in the Holdsworth gold exploration property in the area of Wawa, Ont. It continues to hold approximately 25,000 hectares of mineral rights in the Timmins-Cochrane areas of Northern Ontario known as Project 81, as well as an additional approximately 11,000 hectares in the Timmins area and approximately 14,400 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. It also holds approximately 14,600 hectares in the Nagagami carbonatite complex and approximately 4,600 hectares in the Boulder project both near Hearst, Ont. In addition, Noble has approximately 482 hectares in the Cere-Villebon nickel, copper, platinum group metal property, approximately 3,700 hectares in the Buckingham graphite property, approximately 10,152 hectares in a Havre St. Pierre nickel, copper, PGM property and approximately 518 hectares in the Laverlochere nickel, copper, PGM property, all of these are in the province of Quebec.

We seek Safe Harbor.