Toronto, Ontario -- January 29, 2014, Noble Mineral Exploration Inc. (the "Company", "Noble" or "NOB") (TSX-V:NOB, FRANKFURT:NB7, OTC.PK:NLPXF) is pleased to provide an update regarding its proposed agreement with a US private equity firm (the "Purchaser") to sell the surface rights and timber rights to Block A of the Company's Project 81 (approximately 145,000 acres, or 58,000 hectares), located in the Timmins area of northern Ontario. Noble has received confirmation that the Purchaser has substantially completed its due diligence review of the property, and that subject to title review being completed and to certain title transfer issues being resolved, the Purchaser is prepared to go forward with the purchase.
