ACROW LIMITED — Capital/Financing Update 2012

Feb 9, 2012

February 10[th] , 2012

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Further Significant Milestone at Bibiani Gold Mine Wet Commissioning Commences

Noble Mineral Resources (ASX: NMG) is pleased to advise that wet commissioning of the 3.0Mtpa processing plant at Bibiani Gold Project has now received the first ore to the processing facility. The refurbished, extended and improved process plant has now received the first ore and wet commissioning has commenced.

The wet commissioning of the mill will initially utilise the levee material (historical tailings) that has been stockpiled on the Run-of-Mine (ROM) Pad as primary feed for the processing facility. By putting through levee material, the Ball Mill, Carbon-In-Leach (CIL) and the entire facility downstream will be commissioned in preparation to receive fresh ore as soon as the crushing facility is complete, allowing the team on site to have the mill and all ancillary equipment operational and optimised prior to fresh ore delivery.

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BIBIANI Gold Mine 150,000tpa Refurbished Ball Mill

Suite 3c, South Shore Centre 85 South Perth Esplanade South Perth, WA 6151

Telephone +61 (0)8 9474 6771 Email admin@nobleminres.com.au Facsimile +61 (0)8 9474 6772 Web www.nobleminres.com.au

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Mining continues on site with a 24/7 roster utilising the Company owned and operated equipment managed by the DAMS Team. Stockpiling the levee material on the ROM pad is on-going as well as mining in the satellite pits, Aheman, Strauss and Walsh. Waste material from pre-stripping the satellite pits will be used for the Tailings Dam uplift working concurrently as the satellite pits are pre-stripped saving considerable time and capital at the Bibiani Mine site, road diversions will also be formed with the waste material again saving considerable time and negating the formation and requirement of waste dump areas at the site initially.

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DAMS Earth Moving Equipment moving Strauss Ore

Suite 3c, South Shore Centre 85 South Perth Esplanade South Perth, WA 6151

Email admin@nobleminres.com.au Web www.nobleminres.com.au

Telephone +61 (0)8 9474 6771 Facsimile +61 (0)8 9474 6772

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This is a very significant period in the transformation of Noble Mineral Resources Ltd now well on its way to being a significant gold producer in Ghana West Africa with a target of 150,000oz+ per annum and it is with pleasure that we announce this transformation. Noble now joins the growing list of gold producing ASX listed companies operating in Ghana, our entire team of employees and contractors on site at Noble Gold Bibiani Limited are also commended for the very safe manner in which they have completed the task of mill refurbishment with no significant injuries sustained during this period and the team are commended for their diligent efforts in attaining this significant milestone.

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, host to over 30 Million Ounces of gold. 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 on-going 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.

The Company recognises the Bibiani , Cape Three Points, Brotet and Tumentu concessions are relatively under explored, highly prospective projects and aims to rapidly redefine JORC-compliant resources for development.

ASX Code: NMG

www.nobleminres.com.au

Suite 3c, South Shore Centre 85 South Perth Esplanade South Perth, WA 6151

Email admin@nobleminres.com.au Web www.nobleminres.com.au

Telephone +61 (0)8 9474 6771 Facsimile +61 (0)8 9474 6772

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