Niblack Mineral Development Inc.
TSX VENTURE : NIB

Niblack Mineral Development Inc.

September 16, 2010 15:13 ET

Niblack Mineral Development Adds Mining Expertise, Grants Options

EDMONTON, ALBERTA--(Marketwire - Sept. 16, 2010) - Niblack Mineral Development Inc. (TSX VENTURE:NIB) ("Niblack") is pleased to announce the appointment of Mr. David R. Gunning, P.Eng, to its Board of Directors.

"We would like to welcome Dave to the Board," said John Williamson, President and CEO. "The addition of his engineering perspective and extensive experience in exploration, development and mining is very timely as we advance the Niblack Project in southeast Alaska."

Mr. Gunning is a professional mining engineer (1989) and graduate of the University of British Columbia (1983). He has managed underground, open pit, and placer gold mines in British Columbia, Northwest Territories, Mongolia and Mexico. He has also been active in project exploration and development in numerous worldwide jurisdictions including Bolivia and Nevada.

Since 1997 Mr. Gunning has worked as a consultant in project management in addition to authoring numerous technical reports including NI 43-101 compliant reports. Several of these projects required the review or estimation of reserves and resources, including the Panasquiera Tungsten Mine in Portugal, the Copper Mountain Project near Princeton, BC and the La Preciosa Project near Durango, Mexico. Mr. Gunning is currently the Chief Operating Officer of Starcore International Mines Ltd., which operates an 800 tpd underground gold mine in central Mexico, as well as being a director of several other companies.

In conjunction with the appointment of Mr. Gunning, the Board of Directors ("Board") granted stock options pursuant to the Corporation's stock option plan to directors and officers of the Corporation to acquire an aggregate of 1,800,000 Common Shares, exercisable at a price of $0.28 per Common Share until September 15, 2015.

The board appointment and grant of stock options are subject to approval of the TSX Venture Exchange.

About Niblack Mineral Development Inc.

Niblack Mineral Development Inc. (TSX VENTURE:NIB) is an exploration and development company with a number of mineral rich assets in South East Alaska. The company's principal asset is the Niblack advanced stage copper-gold-zinc-silver project. This project is currently joint ventured to and operated by Heatherdale Resources Limited (Hunter Dickinson Company), which has the right to earn a 70% interest in the project.

Niblack Mineral Development Inc. is a member of the Discovery Group of companies, for more information on the group visit www.discoveryexp.com.

On behalf of the Board

Niblack Mineral Development Inc.

John Williamson, President, CEO & Director

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 exploration drilling, exploitation activities and events or developments that the company expects are forward looking statements. 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 or developments may differ materially from those in the forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration successes, continuity of mineralization, uncertainties related to the ability to obtain necessary permits, licenses and title and delays due to third party opposition, changes in government policies regarding mining and natural resource exploration and exploitation, 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. For more information on the Company, investors should review the Company's continuous disclosure filings that are available at www.sedar.com.

"Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release."

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