Nobel Provides Update ON Cuprita Project, Chile
NOBEL PROVIDES UPDATE ON CUPRITA PROJECT, CHILE
TORONTO, ONTARIO July 16, 2026 – Nobel Resources Corp. (TSX – V: NBLC; OTCPK: NBTRF) (the
“Company” or “Nobel”) announces results from recent drilling at its Cuprita project (“Cuprita” or
the “Project”) and reception of final results from the recently completed IP survey on the Project.
At Cuprita, drillhole CUP-006 intersected a short section of 3,237 ppm Cu (228–229 m), within a 21
meters anomalous copper section averaging 504 ppm copper (208 -229m). From 395 to 400m, a
second anomalous section returned 0.115% Cu.
Drillhole CUP-006 has the strongest alteration of all holes drilled to date and contains very low pyrite,
indicating that it is away from the pyrite halo and getting closer to the mineralized center. Recently
obtained 3D inversion data has shown that drilling to date has been focussed on the edges of the
main chargeability anomalies and the next phase of drilling will focus on follow -up of this newly
identified target area.
The final geophysical results from Quantec’s Pole-Dipole induced polarisation survey, (Please see
the Company’s news release dated April 23, 2026 for further details), which were received after CUP-
006 was drilled, indicate that the core of the anomaly lies east of the hole collar (Figure 2). The 3D
inversion model highlighted a large and continuous chargeability anomaly that corresponds very well
with the mapped lithocap and extended the favorable target area to the south and east of the area
where exploration has been concentrated to date. The anomaly south of the previously known
outcrops of the lithocap is under shallow cover and has opened a new area of potential
mineralization. The total area of corresponding lithocap and IP chargeability anomaly now extends
over an area of 1.0km by 3.0km along a NNW elongated axis.
A horizontal chargeability slice extracted from the Quantec 3D DCIP (Direct Current Induced
Polarization) inversion model at the 1,600 m elevation provides a plan- view representation of the
distribution of subsurface chargeability across the Cuprita Project. The slice was generated from the
fully integrated 3D inversion of nine east –west DCIP profiles (2.6km each) , complemented by
historical DCIP data, allowing chargeability responses to be evaluated as continuous volumetric
features rather than as isolated 2D sections. At this elevation, two major chargeability centres are
clearly defined and spatially coincide wi th the hyperspectral lithocap footprint recognized at
surface. Their geometry, alignment and continuity suggest they may represent connected
expressions of a single, large hydrothermal system developed along the P roject's dominant N30°W
structural corridor. This interpretation is further supported by the close spatial correlation between
the chargeability anomalies, widespread hydrothermal alteration mapped at surface, and the
porphyry-related mineralization intersected in drilling. The continuity observed in the 3D
chargeability model significantly reduces the uncertainty inherent in interpreting individual 2D
sections, providing compelling evidence that the surface lithocap exposures and the underlying
chargeability responses are manifestations of a laterally extensive porphyry -related hydrothermal
system.
Figure 1: Location of the Cuprita Project.
Table 1
Significant assays CUP-006
HOLE_ID North East Elevation Azimuth Dip Depth From
(m)
To
(m)
Interval
(m)
Cu
(ppm)
Mo
(ppm)
CUP-006
7055010 420406 1900 150 -70 419.2
208 212 4.0 1059.0 27.3
CUP-006 208 229 21.0 503.9 9.6
CUP-006 395 400 5.0 1151.0 14.0
Figure 2: IP Chargeability 3-D Plan Map at 250m below surface (1600MASL)
According to Vernon Arseneau, CEO and Director of Nobel, “ The IP survey has been very useful in
extending the exploration potential of Cuprita, especially to the east and south where there is very
little outcrop. We look forward to continue exploring this highly prospective target.”
Quality Assurance and Quality Control (QA/QC)
Sampling is conducted in a manner designed to allow appropriate averaging and statistical analysis
of the data for exploration evaluation and potential future resource estimation. Industry -standard
QA/QC procedures are implemented throughout the sampling and analytical process, including the
systematic insertion of certified reference materials, blanks and duplicate samples to monitor
laboratory performance and analytical accuracy. Drill core samples are typically collected over
intervals ranging from 1 to 2 metres, depending on geological boundaries. Shorter sample intervals
are avoided whenever possible to maintain consistency and representativity of the sampled
material. Prior to sampling, the drill core is geologically logged and photographed to create a high-
resolution photographic record. Core samples are then split along the core axis using an electric
rock saw by trained company technicians. One half of the core is sent for analysis while the
remaining half is retained on site for reference and verification.
As part of the QA/QC program, one certified reference standard is inserted every 20 core samples.
Additionally, one coarse blank, one fine blank and one internal duplicate sample are inserted
approximately every 50 core samples to monitor contamination, analytical precision and laboratory
performance.
To ensure sample security and compliance with NI 43-101 chain-of-custody standards, samples are
placed in sealed rice bags with numbered security tags at the project site. Samples are then
transported by company personnel via truck to the analytical laboratory. Custody and transfer of the
samples always remain under the responsibility of company personnel. Sample preparation and
analytical work are carried out by Andes Analytical Assays, an independent certified laboratory.
Qualified Person
The scientific and technical information in this news release has been reviewed and approved by Mr.
David Gower, P.Geo., as defined by National Instrument 43 -101 of the Canadian Securities
Administrators. Mr. Gower is a consultant of Nobel and is not cons idered independent of the
Company.
About Nobel
Nobel Resources is a Canadian resource company focused on identifying and developing
prospective mineral projects. The Company has a team with a strong background of exploration
success.
For further information, please contact:
Vern Arseneau
Chief Executive Officer
+1 647-276-0533
Vincent Chen
Investor Relations
www.nobel-resources.com
Cautionary Note Regarding Forward-looking Information
This press release contains “forward -looking information” within the meaning of applicable
Canadian securities legislation. Forward -looking information includes, without limitation, the
mineralization and prospectivity of the Cuprita project, the Company’s ability to explore and develop
Cuprita, the timing and results of the drill program and other surveys, the Company’s ability to obtain
adequate financing and the Company’s future plans. Generally, forward-looking information can be
identified by the use of forward-looking terminology such as “plans” , “expects” or “does not expect” ,
“is expected” , “budget” , “scheduled” , “estimates” , “forecasts” , “intends” , “anticipates” or “does not
anticipate” , or “believes” , or variations of such words and phrases or state that certain actions,
events or results “may” , “could” , “would” , “might” or “will be taken” , “occur ” or “be achieved” .
Forward- looking information is subject to known and unknown risks, uncertainties and other factors
that may cause the actual results, level of activity, performance or achievements of Nobel, as the
case may be, to be materially different from those expressed or implied by such forward -looking
information, including but not limited to: general business, economic, competitive, geopolitical and
social uncertainties; the actual results of current exploration activities; risks associated with
operation in foreign jurisdictions; ability to successfully integrate the purchased properties; foreign
operations risks; and other risks inherent in the mining industry. Although Nobel has attempted to
identify important factors that could cause actual results to differ materially from those contained in
forward-looking information, there may be other factors that cause results not to be as anticipated,
estimated or intended. There can be no assurance that such information will prove to be accurate,
as actual results and future events could differ materially from those anticipated in such statements.
Accordingly, readers should not place undue reliance on forward -looking information. Nobel does
not undertake to update any forward -looking information, exce pt in accordance with applicable
securities laws.
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