Toronto, Ontario -- October 17, 2017 -- Noble Mineral Exploration Inc. ("Noble") (TSX-V:NOB, FRANKFURT: NB7, OTC.PK:NLPXF) announces that it has entered into an agreement (the "Agreement") with Ontario's Ministry of Northern Development and Mines (the "MNDM") regarding the payment of tax arrears and accrued interest on Noble's Project 81. As previously announced (see Noble's news releases of July 29, 2015 and January 18, 2016), Noble was advised by the MNDM that mining land taxes were assessed against its Project 81 patented lands (the "Lands") beginning on January 1, 2012. Under the Agreement, Noble has confirmed that the amount it currently owes to the MNDM stands at approximately $1.4 million, including taxes and interest for the period of January 2012 to September 2017 (the "Tax Arrears").
