Northwire Canada EditionThursday, November 12, 2026
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Gold 3,877.50 −3.1% Silver 49.98 −3.9% Copper 6.19 −1.5% Oil 87.62 +1.3% Palladium 993.50 −5.0% PRU 6.09 −3.3% NGEX 21.09 −4.9% TWO 0.370 +0.0% BIG 0.960 +1.1% VCG 1.10 +0.0% SCD 0.145 +0.0% GAL 0.375 +0.7% SAG 0.630 −4.5% VIZ 0.195 +0.0% SAGA 0.375 −6.2% ZEN 0.530 −3.6% TDG 0.490 +0.0% GDP 0.230 +0.0% PDN 8.41 +0.0% FL 0.350 −2.8% RIO 2.63 −1.3% Gold 3,877.50 −3.1% Silver 49.98 −3.9% Copper 6.19 −1.5% Oil 87.62 +1.3% Palladium 993.50 −5.0% PRU 6.09 −3.3% NGEX 21.09 −4.9% TWO 0.370 +0.0% BIG 0.960 +1.1% VCG 1.10 +0.0% SCD 0.145 +0.0% GAL 0.375 +0.7% SAG 0.630 −4.5% VIZ 0.195 +0.0% SAGA 0.375 −6.2% ZEN 0.530 −3.6% TDG 0.490 +0.0% GDP 0.230 +0.0% PDN 8.41 +0.0% FL 0.350 −2.8% RIO 2.63 −1.3%
Drill Results

Nobel Resources begins diamond drilling at Cuprita

NBLC · Price

Executive Summary

  • Nobel Resources Corp. has commenced its first-ever diamond drill program at the Cuprita copper project in Chile.
  • The drilling targets highly prospective porphyry copper systems, based on geological and geophysical surveys indicating significant mineralization potential.
  • The project exhibits key characteristics associated with major regional deposits, including widespread copper mineralization, leach caps, and structural settings similar to El Salvador and Cerro Colorado.

Key Details

  • Activity: Commencement of the first-ever diamond drill program at the Cuprita copper project.
  • Location: Cuprita copper project, Chile.
  • Geological Context: The project is located within the Paleocene porphyry copper belt.
  • Key Geological Indicators:
    • Widespread copper mineralization in outcrops and small-scale mines.
    • Extensive copper geochemistry anomalies.
    • Presence of an extensive leach cap (commonly associated with porphyry copper deposits).
    • Extensive development of tourmaline breccia zones (a common pathfinder for porphyry copper projects).
    • IP (induced polarization) anomalies and magnetic lows associated with the target area.
  • Structural Setting: Similar to major deposits including El Salvador, Cerro Colorado, Spence, Sierra Gorda, and Fortuna; specifically, a northeastern structural corridor crosscut by northwestern secondary faults.
  • Qualified Person: David Gower, PGeo, consultant of Nobel Resources, reviewed and approved the scientific and technical information in accordance with National Instrument 43-101.

Notable Quotes

  • "We are excited to commence 2026 with the initial diamond drilling campaign of the highly prospective copper porphyry targets at Cuprita. The work that the Nobel team has done outlines a compelling area with extensive copper mineralization and associated alteration at surface -- with key characteristics typically associated with mineralized porphyry copper deposits in this region of Chile." — Larry Guy, Chairman and CEO
Read the original news release →

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