Mr. Vern Arseneau reports

NOBEL PROVIDES UPDATE ON PAMPA AUSTRAL DRILLING AND CUPRITA PROJECT, CHILE

Diamond drilling has commenced on Nobel Resources Corp.'s Pampa Austral property. Two drill holes are planned initially to evaluate an area where historical reverse circulation drilling is reported to have intersected 70 metres grading 0.70 per cent copper, including 14 metres grading 2.1 per cent copper and 0.1 gram per tonne gold (drilling reported in news release by Farwest Mining in 2004). The mineralized hole occurs adjacent to an induced polarization (IP) chargeability anomaly based on surveying conducted by the optionor of Pampa Austral subsequent to the Farwest drilling. This IP anomaly also is expected to be tested by the company during its drilling campaign.

At the Cuprita project, Quantec Geophysics is conducting an extensive induced polarization survey. The survey is approximately 75 per cent 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 (please see the company's news release dated April 23, 2026, for further details).

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, chief executive officer 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."

Please note information regarding adjacent properties is provided for context only and is not necessarily indicative of the mineralization, grade, continuity or potential of the project. Readers are cautioned not to place undue reliance on statements about adjacent properties.

Quality assurance and quality control (QA/QC)

Sampling is conducted in a manner designed to allow appropriate averaging and statistical analysis of the data for exploration evaluation and potential future resource estimation. Industry-standard QA/QC procedures are implemented throughout the sampling and analytical process, including the systematic insertion of certified reference materials, blanks, and duplicate samples to monitor laboratory performance and analytical accuracy. Drill core samples are typically collected over intervals ranging from one to two metres, depending on geological boundaries. Shorter sample intervals are avoided whenever possible to maintain consistency and representativity of the sampled material. Prior to sampling, the drill core is geologically logged and photographed to create a high-resolution photographic record. Core samples are then split along the core axis using an electric rock saw by trained company technicians. One-half of the core is sent for analysis while the remaining half is retained on site for reference and verification.

As part of the QA/QC program, one certified reference standard is inserted every 20 core samples. Additionally, one coarse blank, one fine blank and one internal duplicate sample are inserted approximately every 50 core samples to monitor contamination, analytical precision and laboratory performance.

To ensure sample security and compliance with NI 43-101 chain-of-custody standards, samples are placed in sealed rice bags with numbered security tags at the project site. Samples are then transported by company personnel via truck to the analytical laboratory. Custody and transfer of the samples always remain under the responsibility of company personnel. Sample preparation and analytical work are carried out by Andes Analytical Assays, an independent certified laboratory.

Qualified person

The scientific and technical information in this news release has been reviewed and approved by David Gower, PGeo, as defined by National Instrument 43-101 of the Canadian Securities Administrators. Mr. Gower is a consultant of Nobel and is not considered independent of the company.

About Nobel Resources Corp.

Nobel Resources is a Canadian resource company focused on identifying and developing prospective mineral projects. The company has a team with a strong background of exploration success.

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