September 26, 2012 - Nebu Resources Inc. ("Nebu") (the "Company") (TSX:V - NBU) is pleased to announce that drilling on its Cork Lake property is underway, near the southwest corner of the property, the boundary of which is approximately 350 meters from SGX Resources' ("SGX") latest announced drill intersection.

The first hole (NBU-NC-04) is testing an IP anomaly, located between two ultramafic bodies. The hole will be collared in the ultramafic and should end in the other ultramafic formation.

Work completed by the Company has shown that the geological environment on the Cork Lake Property appears to be the same as that of SGX's Edelston gold zone.

Cork Lake

The Company's Cork Lake Property is located approximately 60 kilometres south of Timmins Ontario and approximately 45 kilometers west of Aurico's new Young Davidson gold mine, and east of Iamgold's Cote Lake deposit. The Property covers 12,360 acres (287 mineral claim units, 5000 ha) in Sothman, Semple and Nursey townships.

Nebu Resources' director Bruce Durham discusses Cork Lake Property:
http://www.youtube.com/watch?v=VC537rtvi2U

About Nebu Resources

Nebu Resources Inc. is a junior exploration company focused on gold exploration in Ontario, Canada, in a number of known mining camps: the Trelawney District, the Timmins Gold Camp and the West Kirkland Area (Cork Lake).

Nebu's shares are listed for trading on the TSX Venture Exchange under the symbol NBU.V. Nebu currently has 68,273,908 common shares issued and outstanding.

Mr. Bruce Durham P.Geo, a Qualified Person, is the Company's Qualified Person (QP) and is the non-independent Qualified Person responsible for the information contained in this press release. The Qualified Person is experienced in all aspects of the work completed, has visited the project site. All technical data contained in this release is of a historical nature and as such should not be unduly relied upon.

Neither the 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.

For further information:

John V. Hickey, CFO
(416) 637-2139

Clark Kent
Current Market Communications
(647) 519-2646

Visit our website at www.neburesources.com

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