on Faraday Copper Corp. (isin : CA2176212009)
Faraday Copper Reports Promising Drill Results at Copper Creek
Faraday Copper Corp. has announced promising results from six drill holes in its Phase III program at Copper Creek in Arizona. Of notable interest, the American Eagle area revealed significant copper mineralization, intersecting 47.95 meters at 0.74% copper within 304.40 meters of 0.35% copper. Drilling also highlighted high-grade breccias and porphyry-style mineralization. This expansion supports the potential for maintaining a low strip ratio.
CEO Paul Harbidge emphasized the findings' importance, noting a link between the Mammoth and American Eagle areas, enhancing the area’s potential as a resource. The data cut-off is expected in the first quarter, with an updated technical study slated for late 2025.
R. E.
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