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Faraday Copper Reports 15 metres at 10.83% Copper, 1.65 g/t Gold and 55.62 g/t Silver at Copper Creek in Arizona
VANCOUVER, BC / ACCESSWIRE / January 17, 2023 / Faraday Copper Corp. (" Faraday " or the " Co...
About this update from Faraday Copper Corp
[{"type":"text","content":"Faraday Copper Reports 15 metres at 10.83% Copper, 1.65 g/t Gold and 55.62 g/t Silver at Copper Creek in ArizonaVANCOUVER, BC / ACCESSWIRE / January 17, 2023 / Faraday Copper Corp. (\" Faraday \" or the \" Company \") (TSX:FDY)(OTCQX:CPPKF) is pleased to announce the results from two drill holes at its Copper Creek Project, located in Arizona, U.S. (\"Copper Creek\").Paul Harbidge, President and CEO, commented \"I am very excited to see the high-grade massive sulphide intersection from the Copper Prince breccia, which remains open at depth, and outside of the Mineral Resource Estimate. The identification of significant gold assays is also a very encouraging value proposition for the project as the current Mineral Resource does not include gold. This is leading us not only to plan follow-up drilling, but also to assay historical core, which was not previously analysed for gold. Furthermore, the presence of over 400 breccias mapped at surface demonstrates the prospectivity of the Copper Creek district.\"HighlightsIntersected 15.01 m at 10.83% copper, 1.65 grams per tonne (\"g/t\") gold and 55.62 g/t silver , from 234.27 m,at the Copper Prince breccia in drill hole FCD-22-013 (Table 1, Figures 1, 2, 3 and 4).The intercept is located approximately 40 m below the pit shell used to constrain the Mineral Resource Estimate (\"MRE\") published in July 2022.Mineralization remains open at depth and further drilling is planned.The assay results represent a total of 775.71 m of drilling, including 291.69 m from FCD-22-013 (Phase II drill program) and 484.02 m from FCD-22-001 (Phase I drill program). All intercepts are reported as downhole drill widths.Drill hole FCD-22-013 was collared at the northwestern margin of the Copper Giant breccia and was drilled to the south. This hole closes a gap in historical drilling and extends drill coverage to the lower projection of the Copper Prince breccia.Confirms high-grade extension with 15.01 m at 10.83 % copper, 1.65 g/t gold and 55.62 g/t silver, from 234.27 m (Table 1). The mineralization consists of massive chalcopyrite, bornite and pyrite.Two additional intercepts are located within a 70-metre-wide kaolinite-sericite alteration halo to the massive sulphide zone: 9.79 m at 0.18% copper, 0.02 g/t gold, and 0.93 g/t silver from 208.47 m and 8.02 m at 0.28% copper, 0.02 g/t gold and 0.73 g/t silver f...