NMG
Noble Metal Group Incorporated Vancouver, B. C. July 30, 2008:
NEWS RELEASE
Noble Hydrocarbons Alta Ltd. (“NHA”)
The Company has entered into a Diamond Drill Contract with More Core Diamond Drilling Services Ltd. (“More Core”) of Prince George, British, Columbia for the exploration of NHA’s oil shale permitted lands #SHP00002 located near Hudson Bay, Saskatchewan. The permitted area covers both private and Crown lands.
The first phase of the exploration program will consist of 2000 meters of NQ3 diamond drill core. More Core has delivered two diamond drills to the Saskatchewan property, both diamond drills are now on site. The drills consist of one Long Year 38 and one B15 the latter being compatible for helicopter moves. It is expected that drilling will commence by noon today.
Eighteen licenses for core holes have been issued to Noble Hydrocarbons Alta Ltd by the Saskatchewan Petroleum Energy, Mines and Lands Branch. Agreements with all private surface rights holders to access the drill target area’s was reached and all contract payments have been made to those land owners.
NHA holds in the Hudson Bay area as shown below an oil shale exploration permit covering parts of 5 townships comprising 37,980 hectares (93,851 acres).
ON BEHALF OF THE BOARD OF DIRECTORS NOBLE METAL GROUP INCORPORATED “Dorothy Dennis” CEO/CFO
Should you wish to receive our news release via e-mail please contact us at [email protected],
For statements of historical fact relating to the Company, this news release contains certain “forward–looking
information” within the meaning of applicable securities law. “Forward-looking information” is frequently characterized by words such as “plan”, “expect”, “project”, “intend”, “believe”, “anticipate”, ”estimate”, and other similar words, or statements that certain events “may”, “will”, or “could” occur. There are uncertainties inherent in forward-looking information including factors beyond the company’s control, and no assurance can be given that the programs will be completed on time,
on budget or at all. The reader is cautioned not to place undue reliance on forward-looking statements
The TSX Venture Exchange has neither approved nor disapproved the contents of this news release.
