Nubian Resources Ltd. announced that the Company is moving forward with the next phase of exploration work including a comprehensive air-core drilling program at its Fosterville East Gold project in Victoria, Australia (?Fosterville East? or the ?Project?). Fosterville East covers an area of 82 km2 and lies approximately 12 km east of the Fosterville Gold Mine that is owned and operated by Agnico Eagle Mines Limited.

Due to the Project?s thick unconsolidated cover, geophysical surveys have been employed to define deeper geological structures and drilling targets below the cover. The Project covers a large suite of sedimentary rocks potentially folded and faulted within the Bendigo Zone that host the Bendigo Gold Deposits (historical production of 22 million ounces gold; e.g., Li et al., 19981)) and Agnico Eagle?s Fosterville Mine. Nubian plans on commencing a systematic program of low cost air-core drilling which has proven to be an effective tool to penetrate through overburden that varies up to 15 metres (50 feet) to test for gold and arsenic leader (vein-style) mineralization within the rocks.