Nubian and Global Strike Further Gold at Excelsior

Abbotsford, British Columbia (ots/PRNewswire) -

Nubian Resources Ltd is excited to announce that the company,
who has a 30% retained interest in the Excelsior property in Nevada,
in a recent exploration program conducted and managed by Global
Geoscience, has intersected multiple zones of shallow, oxidised gold
mineralisation over a minimum strike length of 2.2km. Significant
intercepts are...

GE08: 7.6m at 5.1g/t Au from 93.0m
GE14: 7.6m at 2.9g/t Au from 19.8m
GE02: 3.0m at 4.7g/t Au from 0m
GE19: 6.1m at 1.9g/t Au from 117.3m
GE15: 13.7m at 0.8g/t Au from 61.0m

Highlights

- Mineralised gold zones extended and upgraded by wide-spaced drilling at the Excelsior gold project in Nevada, USA.
- Maiden 3657m RC drilling by Global has intersected multiple zones of shallow, oxidised gold mineralisation over a total strike length of 2.2km.
- The individual zones and the overall mineralised trend remain open along strike and at depth.
- True width of the intercepts are not known at this stage
- Geochemical/geological data indicate the mineralisation is part of a >9km long zone with no known drilling outside the area drilled by Global.
- Follow-up infill drilling planned around the newly discovered zones and other targets along strike.

Excelsior Gold Project The Excelsior gold project is located 300km
southeast of Reno in southern Nevada, USA, in which Global Geoscience
is earning a 70% interest in the project by spending USD$3 million on
exploration over four years. Excelsior is located in the Walker-Lane
tectonic zone which hosts a number of large gold mines. Total gold
production from the zone exceeds 20 million ounces with notable
deposits including Goldfield (5Moz), Bullfrog (2Moz), Tonopah (2Moz),
Mineral Ridge (1.5Moz) and Comstock (8Moz Au, 200Moz Ag). Gold
mineralisation at Excelsior occurs within an east-west trending zone
that is 200-400m wide and at least 3km long. Exploration results
indicate the presence of a large mineralised system where only one
relatively small area (the Buster zone) had been tested by drilling
previously. Since entering into an agreement on the Excelsior
project in March 2011, Global ( GSC) has completed extensive surface
work including a three square kilometre Induced Polarization (IP)
geophysical survey, geological mapping, re-logging drill chips and
the collection of more than 1200 surface geochemical samples. GSC
recently completed a 3657m program of reverse circulation (RC)
drilling. The main aim of the program was to test for extensions and
repetitions to the mineralisation intersected in previous drilling by
other exploration companies at the Buster zone. A total of 23 holes
were completed over a strike length of 2.2km. Holes were generally
drilled along north-south fences with 50-70m between holes and
100-600m between fences. All holes were drilled at 60 degrees dip
towards grid north to a depth of between 100-220m. Water was injected
during the drilling although all of the sample slurry was collected
after splitting through a rotary cyclone splitter. Samples of between
two and ten kilograms were collected every 1.5m of hole length and
dispatched to American Assay Laboratories in Reno for gold fire assay
by method FA30. Quality control included the collection of one in
twenty duplicate samples dispatched to the same laboratory and one in
thirty samples sent to ALS Minerals in Reno and analysed for gold
using a comparable fire assay method (method Au-AA23). Duplicate and
repeat assaying gave an acceptable repetition of gold grades however
some spottiness was noted. 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. A
full discussion of these results can be seen on our website at
http://www.nubianr.com CEO of Nubian Larry Treadgold comments:
"These results strengthen our view that Excelsior represents a large
and extensive mineralised system that until now has gone largely
unnoticed. "Larry Treadgold" Larry Treadgold CEO 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:

Office: +1(604)859-3007
Jeannette Durand: jeannette@nubianr.com
Web Page: http://www.nubianr.com

(NBR.)

ots Originaltext: Nubian Resources Inc.
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