Noble Mineral Exploration Inc. announced that it has entered into a Letter of Intent with International Explorers and Prospectors Ltd. 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. NOB and IEP are also establishing a Strategic Alliance to evaluate the extensive land package held by IEP that is nearby and commonly contiguous to Noble's Project 81. Noble and IEP would now share contiguous boundaries in an area that is 200km by 100km. 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 world's largest 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. While historic exploration data is available from the Ontario Government, much of it online, IEP has access to unpublished exploration data that will be of great value in exploring MacDiarmid and Loveland Townships. A Mineral Exploration Research Center-industry consortium project is currently acquiring high resolution audio magneto-telluric (AMT) data within parts of this area to better understand the 3D distribution of sulfide-bearing units.