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ACROW LIMITED — Capital/Financing Update 2010
Nov 11, 2010
64288_rns_2010-11-11_b9d16866-1b62-409f-8c65-44e74251d23b.pdf
Capital/Financing Update
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12 November 2010
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NOBLE MINERAL RESOURCES LIMITED BROADCAST
NOBLE MINERAL RESOURCES LIMITED (NMG) provides the opportunity to listen to an audio broadcast with Wayne Norris, Managing Director in a presentation titled "Noble Mineral Resources Raises $30m to Fund Extensive Drilling Campaign - Wayne Norris, Managing Director" .
To listen , copy the following details into your web browser: brr.com.au/event/71603
The presentation details are as follows:
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Noble Mineral Resources Raises $30m to Fund Extensive Drilling Campaign - Wayne Norris, Managing Director
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Presented by Wayne Norris, Managing Director
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Fri, 12 Nov 2010 10:00am AEST
Authorised by:
Wayne Norris Managing Director
About Noble Mineral Resources Limited
Noble Mineral Resources Limited listed on the Australian Stock Exchange on 26[th] June 2008 with a focus on exploring for large-scale gold deposits in the world-class Ashanti Gold Belt in Ghana, West Africa.
In November 2009, the Company entered into an agreement for the acquisition of the Bibiani Gold Mine , a project located in the Sefwi-Bibiani Gold Belt in Ghana. On July 20[th] 2010 the final Share Transfer Form was executed to consummate the purchase.
Noble’s other primary gold concessions are Exploration Licences at Cape Three Points, Brotet and Tumentu, which cover some 141.3km² and all are located within the world –class Ashanti Gold Belt in south western Ghana. Ghana is the second largest gold producer in Africa and is the 10[th] largest gold producing nation in the world, with annual production of approximately 2.9 Million Ounces.
Noble’s ongoing focus will be to expand the drilling program at Bibiani to target new shallow resources near the Bibiani Mine and adjacent tenements while still progressing the Cape Three Points, Brotet and Tumentu Concessions within the Southern extension of the Ashanti Gold Belt. Initial exploration at Cape Three Points will be targeted towards the Satin Mine Project and the Morrison Project , both of which lie in an area of historic underground gold exploration. Noble believes that there is significant potential for the delineation of additional high-grade gold mineralisation relating to the down-plunge and strike extension to these zones. When added to the potential now available at Bibiani it will place Noble in a strong position to achieve its goal in building Australia’s next major gold mining house.
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ASX Code: NMG www.nobleminres.com.au