Noble Mineral Exploration Inc. announce that it has entered into a Letter of Intent with International Explorers and Prospectors Ltd. (IEP or International Explorers) to acquire an additional 39 mining claims (the Claims) in MacDiarmid and Loveland Townships that are contiguous to its existing claims that have been optioned to Canada Nickel Company Inc. The Claims cover volcanic rocks of the Kidd Munro assemblage that have been periodically intruded by Ni-Cu bearing mafic to ultramafic intrusions. This assemblage hosts the VMS deposit in Kidd Creek approximately 20 km to the east and Ni-Cu deposits such as Enid Creek in Loveland Twp., and the Crawford Ni-Co-Pd deposit in Crawford Twp. The area is thus highly prospective for Ni-Cu, Ni-Co+/-Pd, Gold and VMS deposits. Like other prospects in the Timmins region, the area is covered by thick glacial till and conductive clays (up to 50 m) that hampered earlier exploration efforts. Terms of the Transaction are as set out below: 25,000 cash; 250,000 common shares of Noble; 100,000 common shares of CNC (from Noble's holdings); and the transfer of $500,000 of assessment credits to IEP.