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Faraday Copper Announces New Breccia Discovery at Area 51, Intersecting 1.29% Copper over 11.36 Meters Within 45.75 Meters at 0.48% Copper
VANCOUVER, BC / ACCESSWIRE / March 4, 2024 / Faraday Copper Corp. (" Faraday " or the " Company ...
About this update from Faraday Copper Corp
[{"type":"text","content":"Faraday Copper Announces New Breccia Discovery at Area 51, Intersecting 1.29% Copper over 11.36 Meters Within 45.75 Meters at 0.48% CopperVANCOUVER, BC / ACCESSWIRE / March 4, 2024 / Faraday Copper Corp. (\"Faraday\" or the \"Company\") (TSX:FDY)(OTCQX:CPPKF) is pleased to announce the results of an additional four drill holes from its Phase III program at the Copper Creek Project, located in Arizona, U.S. (\"Copper Creek\"). Two of the holes were drilled at the Area 51 target to test additional near-surface breccias as a follow-up to the recent Starship breccia discovery (announced on January 16, 2024) and two holes were drilled in the Copper Giant area to test resource expansion potential.Paul Harbidge, President and CEO, commented \"I am excited with the expansion potential of Area 51 which, prior to Faraday, had never been drill tested. The results have identified a second, near-surface mineralized breccia called Eclipse.\"\"Area 51 is a 400-metre by 400-metre target represented by a cluster of nine mapped breccias that are highly prospective. The target remains open in all directions and is rapidly turning into a significant new discovery at Copper Creek. The team is gaining a better interpretation of the geology in Area 51 and further drilling is planned as part of the current Phase III drilling program.\"HighlightsIntersected 45.75 metres (\"m\") at 0.48% copper, 0.02 grams per tonne (\"g/t\") gold and 2.90 g/t silver from 43.40 m, including 11.36 m at 1.29% copper, 0.05 g/t gold and 8.89 g/t silver from 77.79 m in drill hole FCD-24-050 at the previously undrilled Eclipse breccia (Figure 1 and 2).Intersected 54.21 m at 0.36% copper, 0.04 g/t gold and 2.53 g/t silver from 35.48 m, including 17.06 m at 0.77% copper, 0.06 g/t gold and 4.21 g/t silver from 35.48 m in drill hole FCD-23-043, confirming the potential for a near-surface, supergene enrichment blanket in the Starship breccia.These results from the Eclipse breccia and the adjacent Starship breccia remain open in all directions and Area 51 is becoming a significant new discovery on the project.Sulphide mineralogy and trace element geochemistry, together with geophysical evidence, suggest that the drill holes intercepted a shallow part of the mineral system, which is indicative of greater porphyry potential at depth.(For true width information see Table 1.)Area 51: Ar...