Saturday, September 26, 2026
MiningNewsTerminal
Saturday, September 26, 2026 Admin

NBLC.V ·

Nobel Resources Provides Update ON Cuprita Project, Atacama Region, Chile

Corporate Updates

NOBEL RESOURCES PROVIDES UPDATE ON CUPRITA PROJECT,

ATACAMA REGION, CHILE

TORONTO, ONTARIO June 25, 2025 – Nobel Resources Corp. (TSX – V: NBLC) (the

“Company” or “Nobel”) is pleased to provide an update on progress at its Cuprita Project

(the “Project” or “Cuprita”) in Atacama Region, Chile.

Nobel geologists have identified a leach cap at Cuprita with an associated copper, lead and

zinc anomaly in soils . The leach cap and soil anomaly are located adjacent to a ground

magnetic low and 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 1).

The presence of strongly anomalous copper in soil on the flanks of the leach cap is an

important positive indicator supporting the potential for a mineralized porphyry deposit at

the Cuprita project. The highest copper in soils values identified to date occur southeast of

the outcropping leach cap (Figure 1). Much of the soil anomaly exhibits soil values more

300% above the expected background levels of the area. In addition, the leach cap and soils

anomaly are coincidental with a ground mag netic low which is a common indicator

associated with mineralized systems in the region, where hydrothermal processes have

replaced the magnetic minerals.

The presence of a leach cap at Cuprita is exceptionally encouraging in a regional context.

Leach caps are a key feature of intact porphyry systems in this region (Figure 2, Conceptual

Model). Recirculation of acidic fluids from the buried porphyry below often leave a bleached

or iron oxide “rusty” appearance on surface. The leach cap identified by Nobel geologists

exhibits classic hydrothermal alteration similar to that found above a buried porphyry. The

presence of copper oxides, quartz veins and remanent sulfides indicates potential for

mineralization under the leach cap, which fits the classic geological model for the region.

Geological mapping has also identified a large area of tourmaline breccias covering much

of the target , also considered an additional favorable pathfinder, characteristic of

productive porphyry systems.

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

evaluated the project in the regional context and has focused the targeting for forthcoming

drill programs.

Larry Guy, Chaiman and CEO of Nobel, states: “Cuprita is demonstrating classic geological

characteristics associated with a buried porphyry. The careful mapping completed to date

has increased our excitement towards the P roject and we are eager to drill Cuprita. At

Cuprita, we have identified the key compelling geologic characteristics pointing to the

potential for a mineralized porphyry system that has never been drill tested in a highly prolific

copper region.”

Figure 1: Compilation map showing the location of the extensive leached cap (lithocap) and

associated structures, quartz-copper veins, soil geochemical anomalies, tourmaline breccias

associated with a magnetic low, that comprise the key criteria for a mineralized porphyry

target.

Figure 2. 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

[email protected]

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 m aterially 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.

NEITHER 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.