01:16 PM EDT, 10/21/2025 (MT Newswires) -- Nobel Resources ( NBTRF ) on Tuesday said it has received all necessary permits for a diamond-drilling program at its Cuprita Project in Chile's Atacama Region, with drilling expected to commence as early as November.

The company said the initial phase of the program will target eight drill platforms, marking the first-ever drilling campaign at the site. Nobel Resources ( NBTRF ) described the move as a key step in advancing its Chilean copper portfolio.

"With the field work now completed and drill permits in hand we are very excited to be the first to drill Cuprita. The classic signature of a buried porphyry at Cuprita can't be ignored. We are excited to get the drill turning. Nobel's outstanding portfolio of additional exploration projects in Chile will be tested in 2026," said chief executive Larry Guy.

Shares of Nobel Resources ( NBTRF ) were last seen down $0.005 to $0.035 on the TSX Venture Exchange.