Niblack Mining Corp.

Niblack Mining Corp.

December 04, 2007 07:30 ET

Niblack Graduates to "Tier 1" Status on the TSX Venture Exchange

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Dec. 4, 2007) - Niblack Mining Corp. (TSX VENTURE:NIB) (the "Company") is pleased to announce it has been granted Tier 1 issuer status by the TSX Venture Exchange (the "TSX-V"). This reclassification recognizes management experience, current financial strength of the Company, and the merits of the Niblack VMS property in southeast Alaska.

"We are pleased that Niblack's progressive growth has been recognized by the TSX Venture Exchange," states Paddy Nicol, Niblack Mining's President and CEO. "A Tier 1 listing will allow the Company to benefit from improved service standards and take advantage of a more favourable regulatory environment and financing mechanisms."

About the Company

Niblack Mining Corp. is a mineral exploration company engaged in advanced stage exploration of the gold, silver, copper, zinc Niblack volcanogenic massive sulphide (VMS) property located on Prince of Wales Island in southeast Alaska. The Company is carrying out underground and surface exploration programs that are designed to expand the Lookout Zone at depth. The Niblack property has excellent exploration potential and is particularly attractive due to its high precious metals content and year round tidewater access. The Company is well capitalized with over $9 million in working capital to fund the current underground program.

To find out more about Niblack Mining Corp (TSX VENTURE:NIB), visit our website at

On Behalf of the Board


Paddy Nicol, President

Forward-Looking Information

This release includes certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical facts, that address events or developments that Niblack Mining Corp. (the "Company") expects to occur, are forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Factors that could cause the actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration successes, and continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Forward-looking statements are based on the beliefs, estimates and opinions of the Company's management on the date the statements are made. The Company undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change.

The TSX Venture Exchange has not reviewed and does not accept the responsibility for the adequacy or accuracy of this news release.

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