Nobel Resources Announces Additional Results at the Cuprita Project, Atacama Region, Chile
NOBEL RESOURCES ANNOUNCES ADDITIONAL RESULTS AT THE
CUPRITA PROJECT, ATACAMA REGION, CHILE
TORONTO, ONTARIO Ju ly 8, 2025 – Nobel Resources Corp. (TSX – V: NBLC) (the
“Company” or “Nobel”) is pleased to provide an update on its ongoing exploration at the
Cuprita Project (the “Project” or “Cuprita”) in Atacama Region, Chile. Following the recent
identification by Nobel geologists of a leach cap with characteristics strongly associated
with porphyry copper -(gold) deposits in the region at Cuprita, including associated highly
anomalous copper in soils and bedrock, the Company has additionally confirmed:
1) the existence of an IP chargeability and resistivity anomaly typical of porphyry copper
deposits in the region; and
2) the presence of high ly anomalous copper chip samples from outcrops associated
with the leach cap.
The geologic al features being identified by Nobel field work at Cuprita demonstrates the
Project is highly prospective.
According to Vern Arseneau, COO of Nobel, “After only a few short weeks in the field, Nobel
Geologists have identified key characteristics of a shallow mineralized porphyry system at
Cuprita. The leach cap, IP anomaly, significant copper bearing rock chips and the copper in
soil anomaly are all located adjacent to a ground magnetic low. These traits are situated
near the intersection of a major north-northeast striking fault structure with numerous
northwest striking quartz veins with copper oxides. Intersecting major faults is a common, if
not essential, structural control for the emplacement of copper -gold porphyries in the
region (Figure 3). This is essentially the complete suite of important indicators used when
identifying productive porphyry copper systems, combined with a leach cap in one of the
most important porphyry copper belts globally indicate excellent potential for a mineralized
porphyry deposit at the Cuprita project.”
The IP survey was carried out by Argali Geophysical SA during November 2018 and consisted
of three E -W lines across the area of the recently identified leach cap. Survey parameters
were 100m spaced dipoles with an estimated depth penetration of 700m at N=27. The top
of the IP anomaly , based on this data, is estimated to be approximately 200meters below
surface. (Figure 3; line 7055700N). All three lines exhibit a similar chargea bility/resistivity
response and the anomaly remains open to the North and South.
The chargeability anomalies from 7 to 9 mV/V are in line with many of the porphyry copper
deposits near Inca de Oro which are notoriously low in pyrite and therefore in chargeability.
Chargeability of less than 10 mV/V has been observed at many deposits local to Cuprita.
Similarly, f ield observations by Nobel geologists have also confirmed the general lack of
pyrite in altered rocks at Cuprita.
Rock chip sampling of mineralized structures associated with the leach cap, anomalous soil
samples and the ground magnetic anomalies returned highly anomalous copper values
ranging from 0.25 to 3.46% Cu. Many of the rock samples contain remnant copper sulfides,
such as Chalcocite, Chalcopyrite and locally Bornite (Figure 1). Additionally, a sample taken
500m to the northeast, where QZ vein stockwork with disseminated chrysocolla outcrops
with a grade of 2.06% Cu (Figure 2) signifying the potential for a large extensive system.
Figure 1: Rock sample with Chalcopyrite and Bornite grading 1.36% copper associated with the
leach cap .
Figure 2: Sample of copper -rich stockwork of q uartz and chrysocolla grading 2.06% copper
from 500 meters northeast of previous sample.
According to Larry Guy, CEO, “Nobel geologists believe that this newly identified geological
/ geochemical evidence along with the geophysical compilation points to potential for a
large mineralized porphyry at shallow depth covering the area between the anomalous soil
results to the South and extending more than 2 kilometers North to the previously reported
ground magnetic lows. (Figure s 3 and 4 ; map and cross section and Figure 5 conceptual
geological model).
Geologically, Cuprita is part of the Metallogenic Paleocene Porphyry Copper Belt that hosts
several major porphyry copper deposits, such as El Salvador, Cerro Colorado, Spence,
Sierra Gorda, Fortuna, as well as several gold deposits. Recent field work at Cuprita has
focused the targeting for forthcoming drill programs.
Figure 3: Compilation map showing the location of the extensive leached cap (lithocap) and
associated structures, outcrop samples, quartz -copper veins, soil geochemical anomalies,
tourmaline breccias associated with a magnetic low, that comprise the key criteria for a
mineralized porphyry target.
Figure 4. Schematic Section showing the Conceptual Model of the Porphyry in Cuprita.
Figure 5. Conceptual model for the Cuprita porphyry target (modified after Halley et al., 2015)
The key geological components for the classic mineralized Andean porphyry model have been
identified at the Cuprita target.
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
considered 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:
Lawrence Guy
Chairman and 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 Project , the Company’s ability to explore and
develop the Project, 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,
except in accordance with applicable securities laws.
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