Niblack underground program update

Niblack Mining Corp., a mineral exploration company engaged in advanced stage exploration of the gold, silver, copper, and zinc, located on Prince of Wales Island in southeast Alaska,
provides an update for the ongoing underground exploration program at the Niblack project in southeast Alaska.

Underground drilling to date has encountered copper bearing massive sulphides within a broad zone of favourable stratigraphy at the Mammoth target.

Development has advanced the exploration program 758 metres (2,500 feet) into Lookout Mountain and the Company is nearing completion of the first of two drilling stations designed to drill-test the deepest reaches of the known zone of mineralization at the Lookout area.

In addition, the drift is now approximately 15 metres (50 feet) from the Lookout stratigraphy hosting gold and base metal rich mineralization.

Paddy Nicol, President of Niblack said, we are pleased with the progress of our underground exploration program and are looking forward to drilling the Lookout zone imminently.

Underground drilling in the Mammoth area provides further confirmation of a major volcanogenic massive sulphide system at Niblack.

Mineralization is widespread throughout the rhyolite hosted stratigraphy, with over 2 kilometres of prospective ground accessible to drilling from the current underground program.