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An announcement from Nobel Resources Corp ( (TSE:NBLC) ) is now available.
Nobel Resources Corp. has begun mobilizing a diamond drill contractor to its flagship Cuprita copper project in northern Chile, with drilling slated to start in mid-January after securing all required permits. The initial drill program will test a large, previously undrilled porphyry target defined by a leach cap, strong copper‑lead‑zinc soil anomalies, a coincident magnetic low, copper‑oxide quartz veins, tourmaline breccias and favorable fault intersections, all of which mirror geological features seen at major nearby porphyry deposits and, if successful, could materially enhance the project’s and company’s exploration profile. Alongside the operational launch, Nobel granted 3.9 million stock options and 3.6 million restricted share units to officers and directors, reinforcing management incentives as the company embarks on a potentially value‑defining drill campaign.
More about Nobel Resources Corp
Nobel Resources Corp. is a mineral exploration company focused on copper, with its flagship Cuprita copper porphyry project located in the Atacama (Antofagasta) region of northern Chile. The project lies within the highly prospective Paleocene Porphyry Copper Belt, home to several major copper deposits, and targets large-scale porphyry systems in a prolific global copper mining district.
Average Trading Volume: 195,878
Technical Sentiment Signal: Buy
Current Market Cap: C$4.2M
Learn more about NBLC stock on TipRanks’ Stock Analysis page.