FARADAY COPPER INTERSECTS 117.00 METRES AT 0.40% COPPER NEAR SURFACE, INCLUDING 23.37 METRES AT 0.60% COPPER AT OLD RELIABLE AND DRILLING SUCCESS CONT

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Overig advies 11/04/2024 06:44
VANCOUVER, BC / ACCESSWIRE / April 10, 2024 / Faraday Copper Corp. ("Faraday" or the "Company") (TSX:FDY)(OTCQX:CPPKF) is pleased to announce the results of four drill holes from its Phase III program at the Copper Creek Project, located in Arizona, U.S. ("Copper Creek"). One hole was drilled at Old Reliable to test resource expansion potential. Three holes were drilled at Area 51 as a follow-up to the recent Starship and Eclipse breccia discoveries (announced on January 16, 2024 and March 4, 2024).

Paul Harbidge, President and CEO, commented "It is great to see our Phase III drill program delivering on our objectives of adding mineral inventory near the existing resource and making new discoveries in the district. Specifically, drilling at Old Reliable has confirmed that the mineralization remains open at depth. At Area 51, drill hole FCD-24-048 at the Eclipse breccia adds to the previous successes by expanding the known mineralization and drill hole FCD-24-049 has identified elevated gold grades at the Starship breccia".

Highlights

At Old Reliable, intersected 23.37 metres ("m") at 0.60% copper, 0.0242% molybdenum and 2.92 grams per tonne ("g/t") silver from 276.81 m in drill hole FCD-24-052. This intercept is within a longer intercept of 117.00 m at 0.40 % copper, 0.0285% molybdenum and 1.72 g/t silver from 222.46 m.
This intercept at Old Reliable is outside the open pit Mineral Resource Estimate ("MRE") and confirms that the breccia-hosted mineralization is open at depth.

see & read more on
https://faradaycopper.com/news-releases/faraday-copper-intersects-117.00-metres-at-0.40-c-8191/



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