Nobel Resources Provides Drill Results From Initial Program, La Salvadora Copper Project, Chile

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[{"type":"text","content":" TORONTO, April 04, 2022 (GLOBE NEWSWIRE) -- 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. Results to date include: SAL-001 intersected 12m grading 0.97% copper and 17m grading 0.69% copper within a 52m zone that graded 0.57 % copper. SAL-008 intersected 6m grading 1.17% copper within a 27m zone grading 0.68% copper. SAL-009 intersected 11m grading 1.1% copper within a 20.3 m grading 0.91% copper. SAL-016 intersected 6m grading 0.97% copper, 8m grading 1.24% copper, 15m grading 1.3% copper and 15m at bottom grading 0.36% copper within a 72 m wide oxidized mineralized breccia with certain of the sampled intervals still with pending assays. SAL-006 intersected 10m grading 0.96% copper within a 20m zone grading 0.64% copper. La Salvadora Project The La Salvadora iron oxide copper gold (“IOCG”) project is located in the vicinity of the large Manto Verde (Anglo American) and Santo Domingo (Capstone Mining) IOCG deposits (Figure 2). The area is well serviced by all-weather roads and can be worked year-round. The region is well established as a mining area where community support is known to be strong and there is good access to infrastructure, including electricity, water and ports and mining infrastructure in region. The initial drill program focused on two areas: Area of a reverse circulation hole (SLVA-RC-0002) which reported 72 meters grading 1.21% copper and 0.21 g/t ...

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