Nobel Resources Corp. (NBLC:TSXV) announced on May 15, 2026, the commencement of a diamond drilling program at its Pampa Austral property in Chile's metallogenic belt. Nobel plans an initial program targeting two drill holes to evaluate estimates reported in historical drilling data. Historical data suggests intersection of 70 meters grading 0.70% copper, in which 14 meters grading 2.1% copper and 0.1 g/t gold are also reported. The mineralized hole occurs adjacent to an IP chargeability anomaly, as per surveys conducted by the optioner of Pampa Austral subsequent to the Farwest drilling. This anomaly will also be tested.
In other news, Quantec Geophysics is conducting an IP survey at the Cuprita project, which has reached around 75% completion. Preliminary results suggest a chargeability anomaly extending to the south and west under the lithocap that was the target of the initial drill program. Further, recent results from a Photosat high resolution satellite imagery survey confirm that alteration mineral assemblages characteristic of mineralized porphyry systems in the area occur associated with the extensive lithocap at Cuprita.
Nobel's CEO and Director, Vernon Arseneau, said in the release: "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."
Nobel Resources is a Canadian resource company focused on identifying and developing prospective mineral projects in northern Chile.
Copper Demand Unlikely to Lessen in 2026
Copper prices are continuing to boom due to industrial demand and the rise of AI data centers. On May 12, 2026, Piyush Shukla of The Economic Times wrote that, "Copper prices are soaring aggressively in 2026 as copper futures smash record highs above US$14,000 per ton and COMEX copper crosses US$6.50 per pound. The rally is no longer only about manufacturing demand. AI data center construction is now driving a massive global copper rush. China’s factory recovery, Middle East sulfuric acid shortages, and tightening mine supply are deepening the global copper crunch." So far, copper prices have risen more than 10% since the start of the year, and over 40% since the beginning of 2025.
In a war that has drawn focus due to oil shortages, investors may find themselves questioning what problems it could cause for copper. Other than the traditional volatility of metals during times of political uncertainty, Josh Chiat of Stockhead noted that ". . . the Middle East is a major source of sulphur, a by-product from oil and gas production, and an input key to the sulphuric acid commonly used in nickel and copper processing. Twenty percent of world copper supply comes from SX-EW (solvent extraction and electrowinning), which requires sulphuric acid, which has been impacted by the closure of the Strait of Hormuz."
Peace talks between the U.S. and Iran are ever-evolving, but copper prices are unlikely to fall dramatically, even if a resolution is found. China's output fell by 3% in April 2026, and tariff expenses are keeping the stock price high.
Streetwise Ownership Overview*
Nobel Resources Corp. (NBLC:TSXV)
| Date | Old Symbol | Old Shares | New Symbol | New Shares |
|---|---|---|---|---|
| 07/23/21 | NBTRF | 1 | NBTRF | 1 |
A Leveraged Stock for Copper Investors
1In a contributed opinion piece for Streetwise Reports, John Newell of John Newell and Associates wrote about Nobel Resources on December 23, 2025. Newell rated the company as a "Speculative Buy", noting that, "Nobel Resources Corp. is positioning itself to become a copper discovery company at a time when new discoveries in tier-one jurisdictions are increasingly rare."
He continued, saying, "I view Noble Resources as a "Speculative Buy" for investors who understand exploration risk and are looking for leverage to copper discovery in a world-class jurisdiction."
A Separate Project to Explore
Nobel intends to explore its Anais property, which is located near Manto Verde Mine and within a metallogenic belt that includes large copper deposits. This is a ready-to-drill project in which the company hopes to discover high-grade copper-gold mineralization.
Ownership & Share Information2
Nobel Resources Corp. has a market cap of CA$10.47 million, with 209.40 million shares outstanding. The company's 52-week range is CA$0.02-CA$0.17. Management & Insiders hold 8.38% of shares, while the remaining 91.62% of shares are Retail.
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Important Disclosures:
- Nobel Resources Corp. is a billboard sponsor of Streetwise Reports and pays SWR a monthly sponsorship fee between US$3,000 and US$6,000.
- As of the date of this article, officers, contractors, shareholders, and/or employees of Streetwise Reports LLC (including members of their household) own securities of Nobel Resources Corp.
- Cori Fisher wrote this article for Streetwise Reports LLC and provides services to Streetwise Reports as an employee.
- This article does not constitute investment advice and is not a solicitation for any investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Each reader is encouraged to consult with his or her personal financial adviser and perform their own comprehensive investment research. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company.
- Disclosure for the quote from the John Newell article published on December 23, 2025
- For the quoted article published on December 23, 2025, Nobel Resources Corp. has paid Street Smart, an affiliate of Streetwise Reports, US$2,500.
- Author Certification and Compensation: [John Newell of John Newell and Associates] was retained and compensated as an independent contractor by Street Smart for writing this article. Mr. Newell holds a Chartered Investment Management (CIM) designation (2015) and a U.S. Portfolio Manager designation (2015). The recommendations and opinions expressed in this content reflect the personal, independent, and objective views of the author regarding any and all of the companies discussed. No part of the compensation received by the author was, is, or will be directly or indirectly tied to the specific recommendations or views expressed.
John Newell Disclaimer
As always it is important to note that investing in precious metals like silver carries risks, and market conditions can change violently with shock and awe tactics, that we have seen over the past 20 years. Before making any investment decisions, it's advisable consult with a financial advisor if needed. Also the practice of conducting thorough research and to consider your investment goals and risk tolerance.
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- Ownership and Share Structure Information
The information listed above was updated on the date this article was published and was compiled from information from the company and various other data providers.













































