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Faraday Copper Corp. (TSX:FDY)(OTCQX:CPPKF) is a Canadian exploration company focused on advancing its flagship copper project in Arizona, U.S. The Copper Creek Project, one of the largest undeveloped copper projects in North America, shows significant exploration potential. With over 200,000 meters of historical drilling and ongoing Phase III programs, the Company aims to expand mineral resources, delineate high-grade zones, and explore new targets. Recent results from the Phase III program highlight the discovery of new mineralization zones at Area 51, Keel West, and Old Reliable, showcasing the project's geological diversity and mineralization potential. Faraday's management team and board of directors, with extensive mining experience, are well-positioned to drive the Company's key milestones and value creation. Faraday Copper trades on the Toronto Stock Exchange under the symbol 'FDY'.
Faraday Copper Corp. (CPPKF) announced positive metallurgical results from its Copper Creek project in Arizona. The program, conducted by ALS Metallurgy with Ausenco Engineering oversight, achieved 95.0% copper rougher recoveries using Coarse Particle Flotation (CPF) technology.
Key findings include the ability to maintain high copper recoveries at a 350 micron primary grind with CPF scavenging, comparable to conventional flotation at 200 micron grind. This breakthrough could lead to significant mill throughput increases and approximately 50% reduction in ball mill grinding energy.
The tests demonstrated excellent metallurgical performance with locked cycle copper recoveries above 92% to a concentrate grade of about 31% copper. The company plans to incorporate these results into an updated technical study in the second half of 2025, following the completion of ongoing Phase III drilling program which has already conducted over 30,000 metres since the last Mineral Resource Estimate.
Faraday Copper Corp. (CPPKF) has announced results from six drill holes in its Phase III program at the Copper Creek Project in Arizona. The drilling revealed significant copper mineralization in the American Eagle area, including notable intersections such as:
- 304.40 metres at 0.35% copper and 0.87 g/t silver, including 47.95m at 0.74% copper
- 131.36 metres at 0.47% copper and 1.18 g/t silver
- 84.83 metres at 0.39% copper and 0.98 g/t silver
The American Eagle area covers approximately 800m by 1,000m and hosts numerous prospective breccias and porphyries. The company expects a data cut-off by the end of Q1 2025 and plans to release an updated technical study in H2 2025. The drilling program has completed over 30,000 metres beyond the current Mineral Resource Estimate, with new targets representing significant potential for project value enhancement.
Faraday Copper has announced results from five drill holes in its Phase III program at the Copper Creek Project in Arizona. Key findings include significant intersections at the American Eagle area, with drill hole FCD-24-082 revealing notable copper mineralization: 118.28 metres at 0.30% copper at Prada breccia, and 109.42 metres at 0.41% copper at Boomerang breccia, including a high-grade zone of 40.06 metres at 0.78% copper.
The drilling program has expanded known near-surface mineralization in the American Eagle area, which covers approximately 800m by 1,000m. To date, the company has released results from 73 drill holes through combined Phase II and III programs, with 46 holes drilled on new targets outside the resource boundary, 20 step-out holes, and 7 holes within the resource area. The company has conducted over 30,000 metres of incremental drilling beyond the current Mineral Resource Estimate.
Faraday Copper has announced results from three drill holes in its Phase III program at the Copper Creek Project in Arizona. The highlight includes drill hole FCD-24-078 in the Rum area, which intersected 57.73 metres at 0.85% copper from surface, including 23.25 metres at 1.58% copper from 24.25m. At American Eagle East, hole FCD-24-076 intercepted 24.20 metres at 0.45% copper within a broader mineralized zone. The Rum area is located 700m northwest of the resource area, featuring several breccias and porphyries. The company plans to include over 30,000 metres of incremental drilling in a mineral resource update planned for 2025.
Faraday Copper reported its Q3 2024 financial results, highlighting significant drilling results at the Copper Creek Project. Notable intersections include 22.65m at 1.31% copper within 50.20m at 0.74% copper at Banjo breccia, and 117.83m at 1.12% copper within 259.98m at 0.68% copper. The company completed a bought deal financing raising $23 million through share issuance. Financial results show exploration expenses of $3.47M for Q3 2024, with a net loss of $4.34M ($0.02 per share). The company plans to release an updated technical report in H1 2025.
Faraday Copper announced results from a Phase III drill hole at the Copper Creek Project in Arizona. The drill hole FCD-24-074 intersected 22.65 meters at 1.31% copper within 50.20 meters at 0.74% copper from 46.20 meters depth. This discovery, part of the Banjo breccia, highlights significant near-surface mineralization extending to 400 meters depth. The company is focused on expanding near-surface resources, with 75% of Phase III drilling aimed at new discoveries outside the current resource area. Current drilling targets include the Rum and American Eagle areas, both showing promising copper mineralization. The Copper Creek Project has identified 34 exploration targets and continues to test new breccias. Faraday Copper plans to include over 30,000 meters of new drilling in a resource update slated for 2025, enhancing project value. The company ensures rigorous quality control and data verification for all assay results.
Faraday Copper Corp. has announced results from its ongoing Phase III drill program at the Copper Creek Project in Arizona. Key highlights include:
- Drill hole FCD-24-074 intersected 22.65 meters at 1.31% copper within 50.20 meters at 0.74% copper from 46.20 meters depth at the Banjo breccia.
- Mineralization at Banjo now extends from surface to 400 meters depth and remains open.
- The company is focusing 75% of Phase III drilling on discovering additional near-surface mineralization outside the resource area.
- New high-priority targets being drill tested include the Rum area and American Eagle area.
- A detailed district-scale geological map has been compiled to refine the structural model and support exploration targeting.
- Over 30,000 meters of new drilling is expected to be included in a resource update planned for 2025.
Faraday Copper Corp. announced results from two drill holes in its Phase III drill program at the Copper Creek Project in Arizona. Key highlights include:
- Drill hole FCD-24-073 intersected 117.83 meters at 1.12% copper and 2.43 g/t silver within 259.98 meters at 0.68% copper and 1.57 g/t silver at the Banjo breccia.
- Drill hole FCD-24-072 intersected 48.21 meters at 0.41% copper and 1.09 g/t silver within 164.20 meters at 0.28% copper and 0.89 g/t silver.
- Mineralization at the Banjo breccia remains open and follow-up drilling is in progress.
- A second drill rig is being mobilized to test targets outside the American Eagle area.
The company has completed 38 drill holes in the Phase III program, with results released for 36 so far. Drilling continues with objectives to expand the mineral resource estimate and better delineate high-grade zones.
Faraday Copper announced positive drilling results from its Phase III drill program at the Copper Creek Project in Arizona. Two drill holes revealed significant copper mineralization.
Drill hole FCD-24-070 uncovered the Banjo breccia, with 117.90 meters at 1.01% copper and 1.87 g/t silver, within 269.65 meters at 0.64% copper and 1.32 g/t silver. Drill hole FCD-24-071 intersected 88.16 meters at 0.39% copper and 1.43 g/t silver.
The results indicate potential for a substantial near-surface resource, comparable to the Mammoth breccia. Phase III has completed 36 drill holes, with 34 results announced. The focus remains on delineating high-grade zones and expanding the Mineral Resource Estimate.
CEO.CA, a leading investor social network for junior resource and venture stocks, recently interviewed Paul Harbidge, President & CEO of Faraday Copper (TSX: FDY) (OTCQX: CPPKF), as part of their 'Inside the Boardroom' series. The interview focused on updates from the Copper Creek project, where Faraday Copper is reportedly encountering near-surface mineralization during Phase III drilling. This exclusive content aims to provide investors with firsthand knowledge from industry leaders, offering insights into their vision, challenges, and strategies. CEO.CA, a subsidiary of EarthLabs, Inc., is known for its high engagement and mobile functionality, attracting millions of visitors annually seeking to connect with global investors and access information about stocks, commodities, and emerging companies.
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