Nobel Resources begins diamond drilling at Cuprita

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