Noble Mineral Resources Ltd
ASX:NMG ISIN:AU000000NMG8
Noble Mineral Resources Limited (ASX:NMG) is an Australian-based company exploring for and developing large-scale gold deposits in the goldfields of Ghana, West Africa. Production has commenced at the company’s Bibiani Gold Project after the first gold pour in March 2012. The Bibiani Project is located in the Sefwi-Bibiani Gold Belt in Ghana, 250 kilometers North-West of Accra and has a JORC-compliant mineral inventory of 2.8Moz of resources, including 972,000oz of reserves, and a 3Mtpa Carbon-in-Leach (CIL) gold processing facility. The company also holds the Cape Three Points Concession (Concession), Brotet and Tumentu Gold Projects, both located within the southern extension of the Ashanti Gold Belt. The Concession covers a total area of 79.04 km2 of prospective ground for gold type mineralisation. The assets in Ghana cover almost 88km2 of highly gold prospective terrane. The Tumentu Concession is located in the Western Region of Ghana and is 8.74km2 in size.
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News
Australian Market Report of March 10, 2011 includes: Cardia Bioplastics Limited (ASX:CNN) has appointed Wesco China as its exclusive distributor in China; Manas Resources Limited (ASX:MSR) has commenced an extensive drilling and exploration program at its 100%-owned gold projects in the Kyrgyz Republic; Alara Resources Limited (ASX:AUQ) has commenced a drilling programme at the Khnaiguiyah Zinc Copper project in the Kingdom of Saudi Arabia; Noble Mineral Resources (ASX:NMG) announced high-grade gold intersections at its Bibiani Gold Project in Ghana.
Australian Market Report of November 10, 2010 includes: Noble Mineral Resources (ASX:NMG) is to raise A$30m to fund an extensive drilling campaign at its Bibiani Gold Project in Ghana; Sipa Resources Limited (ASX:SRI) announced drilling campaign at its 100% owned Woodline Gold and Basemetals Project in Western Australia; Paradigm Metals Limited (ASX:PDM) has commenced a drill program targeting iron oxide-copper-gold mineralisation in Queensland; Gold One International Limited (ASX:GDO) confirms extension of high grade shoreline at Modder East gold mine in South Africa.
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