Nobel Resources announces that diamond drilling has commenced on its Pampa Austral property.
Two drill holes are planned initially to evaluate an area where historical reverse circulation drilling is reported to have intersected 70 meters grading 0.70% copper, including 14 meters grading 2.1% copper and 0.1 g/t gold.
At the Cuprita project, Quantec Geophysics is conducting an extensive induced polarization survey. The survey is approximately 75% complete. Preliminary results show a chargeability anomaly extending to the south and west under the lithocap that was the target of the initial drill program.
The Photosat high resolution satellite imagery survey has also been completed recently. Results confirm that alteration mineral assemblages characteristic of mineralized porphyry systems in the area occur associated with the extensive lithocap at Cuprita.
According to Vernon Arseneau, CEO and Director of Nobel, “The results at Cuprita are encouraging and satellite data will be integrated with the IP survey, when completed, and the detailed geological mapping to improve drill targeting for a future campaign.”
The Cuprita Project is the flagship exploration asset of Nobel Resources Corp., located in northern Chile’s highly prospective Paleocene Porphyry Copper Belt. This 1,000-hectare property is situated between two significant copper systems—El Salvador and Inca de Oro—in a region that hosts several world-class deposits and benefits from excellent access to infrastructure, including roads, power, ports, and nearby mining support centers.
About Nobel:
Nobel Resources is a Canadian resource company focused on identifying and developing prospective mineral projects.
