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Faraday Copper Reports 17.70 metres at 0.96% Copper and 0.12 g/t Gold within 101.31 metres at 0.45% Copper at Copper Creek in Arizona
VANCOUVER, BC / ACCESSWIRE / July 12, 2023 / Faraday Copper Corp. (" Faraday " or the " Company ...
About this update from Faraday Copper Corp
[{"type":"text","content":"Faraday Copper Reports 17.70 metres at 0.96% Copper and 0.12 g/t Gold within 101.31 metres at 0.45% Copper at Copper Creek in ArizonaVANCOUVER, BC / ACCESSWIRE / July 12, 2023 / Faraday Copper Corp. (\"Faraday\" or the \"Company\") (TSX:FDY)(OTCQX:CPPKF) is pleased to announce the results from six drill holes at its Copper Creek Project, located in Arizona, U.S. (\"Copper Creek\"). The holes were drilled to target the potential expansion of the open pit mineral resources.Paul Harbidge, President and CEO, commented \"The results from our Phase II drill program continue to show the exploration upside to the existing resource that formed the basis for the PEA. Three drill holes have identified the opportunity to expand the near-surface mineral resource along the eastern breccia trend and combine two open pits. Additionally, we have identified the potential for payable gold at the Pole breccia.\"\"With our Phase II drill program now completed and the results from 26 of 28 holes released, our focus in the third quarter will be on integrating and analyzing airborne magnetic, electromagnetic, drill core, geochemical and spectral data to rank and prioritize targets for a 20,000-metre Phase III drill program planned to commence in the fourth quarter of 2023. We are continuing to analyze historical drill core for gold and will be commencing a metallurgical program shortly. We look forward to providing updates as results are received.\"HighlightsIntersected 101.31 metres (\"m\") at 0.45% copper and 6.69 g/t silver from surface, including 17.70 m at 0.96% copper, 3.33 g/t silver and 0.12 g/t gold from 68.16 m in drill hole FCD-23-032 at the Pole breccia.Intersected 42.03 m at 0.35% copper and 2.99 g/t silver from 74.03 m and 28.97 m at 0.24% copper and 0.99 g/t silver from 130.83 m in drill hole FCD-23-033 at the Pole breccia, outside of the Mineral Resource Estimate (\"MRE\").Intersected 43.29 m at 0.29% copper and 1.13 g/t silver from 75.58 m at the B-24 breccia in drill hole FCD-23-034, outside of the MRE.These three drill holes demonstrate the potential for near-surface resource expansion between the Copper Prince and Mammoth open pit shells.(For true width information see Table 1)Drill hole FCD-23-032 was collared west of the Pole breccia and drilled to the northeast at a 50-degree dip (Figures 1 and 2). The mineralization starts from ...