Excelsior Springs Project Joint Venture Agreement Terminated

January 21, 2016 – Nubian Resources Ltd. (NBR:TSX.V) (the “Company”) announces that Paradigm Minerals USA Corporation “Paradigm” has not met the Exploration and Development Work Expenditures commitment by December 31, 2015, and has failed to meet its Earn-In-Obligation in the Excelsior Springs Project as per the March 1, 2011 Joint Venture agreement.

The Joint Venture has therefore been terminated and Paradigm has no retained or residual interest in the Excelsior Springs Project. Nubian Resources Ltd. owns 100% of the 140 claims of Excelsior Springs.

“Larry Treadgold”

Larry Treadgold
CEO Nubian Resources Ltd
Office: (604) 870-4988
Jeannette Durand [email protected]
Web Page: www.nubianr.com