Drilling to Commence at the Excelsior Gold Project in Nevada

Abbotsford, British Columbia (ots/PRNewswire) -

Nubian Resources Ltd ("Nubian") reports that drilling will
commence at the Excelsior gold project in Nevada next week. Nubian
holds a 100% lease of the property and has an option agreement to
allow Global Geoscience Ltd ("Global") to earn a 70% interest in the
Excelsior project by spending $3 million on exploration over four
years and by making cash payments totalling USD $100,000.

Global plans to drill about 2000m of RC (Reverse Circulation) to
follow-up a number of significant drill intersections and to test
several new targets it has identified since acquiring the project
that have not been previously drill tested.

Several holes are planned at the Buster zone where drilling by
previous explorers has yielded a number of very significant
intersections at shallow depths. The mineralisation at Buster is open
along strike and at depth. Significant intersections include:

- EX02: 33m at 2.7g/t Au from 70m including 18m at 4.7g/t Au
- EX13: 15m at 2.5g/t Au from 0m
- EX18: 6m at 5.4g/t Au from 43m
- EX30: 47m at 1.5g/t Au from 71m including 7.6m at 3.9g/t Au,
8g/t Ag

The Excelsior project covers a zone of gold mineralisation more
than 3km long and 200-400m wide, hosted within strongly altered
calcareous sediments and limestone.

Since entering into an agreement with Nubian on the Excelsior
project in March 2011, Global has completed extensive surface work
including a three square kilometre Induced Polarisation (IP)
geophysical survey, geological mapping, re-logging drill chips and
the collection of more than 800 geochemical samples. This work has
led to the identification of three other targets - none of which have
been drilled previously.

President and CEO of Nubian, Graham Chisholm comments: "Work
completed by Global to date at Excelsior indicates the presence of a
large and extensive mineralised system, and only a relatively small
area - the Buster zone - has been tested by drilling. Given the very
encouraging drill results at the Buster zone to date, we are pleased
to announce that targets to be drill tested have been identified and
drilling will commence shortly."

Ken Brook, B.Sc, M.Sc, RPG. a qualified person (QP) as defined by
National Instrument 43-101, supervised the preparation of the
technical information in this news release.

"Graham Chisholm"

Graham Chisholm
President & CEO

To see the figures accompanying this press release please click
here: http://files.newswire.ca/979/Nubian_figures.pdf

This release includes certain statements that are
"forward-looking statements". All statements in this release, other
than statements of historical facts that address future exploration,
development and production activities, and other circumstances,
events and developments that the Company expects, are forward-looking
statements. Although management believes the expectations expressed
in such forward-looking statements are based on reasonable
assumptions, such statements are not guarantees of future
performance, and actual results, events and developments may differ
materially from those in the forward-looking statements. The
occurrence of certain risk factors, the probability of which is
unknown, may also affect actual results, events and developments
expected by the Company. Neither the TSX Venture Exchange nor its
Regulation Services Provider (as that term is defined in the policies
of the TSX Venture Exchange) accepts responsibility for the adequacy
or accuracy of this release.

For further information:

Graham Chisholm
graham@nubianr.com
Office: +1(604)859-3007;
Cell: +1(604)302-0746
Jeannette Durand
jeannette@nubianr.com

Web Page: http://www.nubianr.com

(NBR.)

ots Originaltext: Nubian Resources Ltd.
Im Internet recherchierbar: http://www.presseportal.de

Contact:
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