Denver Gold Group > Member Company Profile > Noble Mineral Resources

Address

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

Value Drivers

• 2.26Moz resource and 958,000oz reserve expected to be upgraded
• Forecast annual production of 150,000+ oz pa
• Significant near mine exploration potential
• Very strong free cashflows forecast to commence in 2012
• Very exciting early stage exploration at our Cape Three Points, Brotet and Tumentu projects

Management

Chairman:	HRH Tunku Naquiyuddin
CEO/President/MD:	Wayne Norris
CFO:	David Leavy
COO:	Peter Johnston

IR Contact

Anne Barker
+618 94746771
anne.barker@nobleminres.com.au
www.nobleminres.com.au

Cautionary Information

© Copyright 2012, Denver Gold Group & Noble Mineral Resources.

Although every care has been taken to ensure that this data is accurate, Denver Gold Group cannot accept responsibility for sourcing variances, mistakes, errors or omissions or for any action taken in reliance thereon. Use of this data is governed by Denver Gold Group's Terms of Use. Certain information contained in this profile, including any information as to strategy, projects, plans or future financial or operating performance and other statements that express management's expectations or estimates of future performance, constitute "forward-looking statements". All statements, other than statements of historical fact, are forward-looking statements. The words "believe", "expect", "will", "anticipate", "contemplate", "target", "plan", "continue", "budget", "may", "intend", "estimate" and similar expressions identify forward-looking statements. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable by management, are inherently subject to significant business, economic and competitive uncertainties and contingencies. Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual financial results, performance or achievements of the Company to be materially different from the Company's estimated future results, performance or achievements expressed or implied by those forward-looking statements and the forward-looking statements are not guarantees of future performance. These risks, uncertainties and other factors include, but are not limited to: the impact of global liquidity and credit availability on the timing of cash flows and the values of assets and liabilities based on projected future cash flows; changes in the worldwide price of commodities and energy inputs; fluctuations in currency markets; changes in global and national interest rates; risks arising from holding derivative instruments; the ability of the Company to complete or successfully integrate an announced acquisition proposal; legislative, political or economic developments in the jurisdictions in which the Company carries on business; operating or technical difficulties in connection with mining or development activities; employee relations; availability and costs associated with mining inputs and the construction of capital projects; the speculative nature of exploration and development, including the risks of obtaining necessary licenses and permits and diminishing quantities or grades of reserves; changes in costs and estimates associated with the Company’s projects; adverse changes in the Company's credit rating, level of indebtedness and liquidity, contests over title to properties, particularly title to undeveloped properties; the risks involved in the exploration, development and mining business, including, without limitation, environmental hazards. Certain of these factors are discussed in greater detail in the Company's most recent regulatory filings with various national securities and other authorities. The Company disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as required by applicable law.

Noble Mineral Resources

Australian Stock Exchange : NMG

Last Updated: March 2, 2012

Status:	Producer
Primary Mineral:	Gold
Primary Country of Operation:	Ghana

Noble Mineral Resources is a gold production and exploration company with its projects in Ghana. The Bibiani Gold Project started commissioning in early 2012 with production ramping up to an annualised rate of 150,000+oz. Current Resources stand at 2.26Moz and Reserves at 958,000oz. There is significant exploration potential in Bibiani, especially in the under-explored satellite deposits, as well as in Cape Three Points, Brotet and Tumentu concessions. Bibiani will be a long life project with significant production propelling Noble into the ranks of West Africa’s mid-tier gold producers.

All data is attributable unless otherwise stated in footnotes. Mineral resources are exclusive of reserves unless otherwise stated in footnotes.

Top Shareholders

• Wei An Developments Ltd
• Global Gold Holdings Ltd
• Wayne Norris

Capital Structure

Common Shares Outstanding:	550,620,653
Float (%):	61
Options Outstanding:	79,268,521
Fully Diluted Shares:	629,889,174

Stock as of April 24, 2012

	Local: AUD	USD
Stock Price:	0.29	0.29
52-Week Range:	0.2800 - 0.8050	0.29 - 0.83
Market Cap:	157 MM	162 MM
Fully Diluted Market Cap:	180 MM	185 MM
1-Year Return:	-57.78%