Noble Metal Group Inc V.NMG.H

Alternate Symbol(s): NBMLF

Metals & Mining Gold

Noble Metal Group Incorporated is a Canada-based junior resource public company. The Company’s principal business activity is the exploration and development of mineral properties. The Company is involved in the exploration and development of its Cariboo Mineral and Placer Properties held in the Cariboo Mining Division of British Columbia. The property consists of 5,236.0016 hectares (ha) or 12,938.43 acres of hard rock mineral claims. The Company’s Lease of Placer Minerals (LPM) is located at the confluence of Keithley and Snowshoe Creeks. The Placer property encompasses an area of 211.34 hectares (522.2 acres). The Company’s LOU Claim Group consists of two Placer Claims (100 hectares-247 acres) and two Lou FR (39.086 hectares-96.6 acres).

TSXV:NMG.H - Post by User

Noble Metal Group Inc

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Comment by hjangelon Jul 17, 2008 8:22pm

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Post# 15304716

RE: Hudson Bay

NMG wasn't one of the "comfort letter crowd", no delays waiting on confirmation of permits and no doubt JV discussions were already in the making around the same time the NMG NR came out as it didn't take long to get the makings of JV'd drill program underway. Sound business strategy to let the neighbour 20 km from your discovery holes drill up their ground...this close if the drills find similar amounts & type of coal on NMG's ground, probable continuity of GXS's deposit will be that much closer to being determined, if there's no coal, then GXS will know in what direction not to drill, without them having spent $$$ - either way, it looks like good business judgment to use those exploration $$$ on the rest of the claims IMHO.

GLTA - HJ

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