Announcement Date: 2022-04-04
Announcement Type: Drilling Results
Announcement Code: NI43-101
Company name: Nobel Resources Corp.
Project name: La Salvadora
Location: Chile
Commodities: Copper
Highlight: Drilling results incl. 52m @ 0.57% Cu from 146m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: TORONTO, ONTARIO April 4, 2022 – Nobel Resources Corp. (TSX–V: NBLC; OTC: NBTRF) (the “Company” or “Nobel”) has received assays for 10 drill holes from its initial diamond drill program on its recently acquired Salvadora copper project in Chile (the “Project”) (see Table 1 below). Copper mineralization has been intersected in all drill holes, including significant intervals grading more than 1% copper. Drill holes are located within two areas of the Project (Figure 3). Mineralization in both areas remains open. Results obtained to date have confirmed the discovery of a significant copper sulfide mineralized zone west of outcropping copper oxide mineralization. The sulfide mineralization is less than 70m below surface on average and remains open to the north, south and west as well as at depth. The potential for a covered oxide zone associated with a newly identified sulfide zone at the southern target area remains to be tested with additional drilling along with delineation of the outcropping oxide zone at the northern target area.
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