ArcWest Announces $4 Million Drilling Program at its Todd Creek Copper-Gold Project in 2025, Funded by Freeport-McMoRan Mineral Properties Canada Inc.

About this update from Freeport-mcmoran, Inc.

[{"type":"text","content":"Vancouver, British Columbia--(Newsfile Corp. - June 26, 2025) - ArcWest Exploration Inc. (TSXV: AWX) ("ArcWest") is pleased to announce that it has mobilized to begin a drill program at its wholly owned Todd Creek Copper ("Cu") - Gold ("Au)" Project in British Columbia's Golden Triangle, with drilling scheduled to begin by the end of June 2025. Program funding of at least CAD$4 million is being 100% provided by Freeport-McMoRan Mineral Properties Canada Inc. ("Freeport"). Freeport's funding is provided under the March, 2023 Todd Creek Earn-In Agreement ("EIA"), by which Freeport may earn a 51% interest in the Todd Creek project by spending CAD$20M over a five-year period and making staged cash payments to ArcWest.","length":781,"tagName":"p"},{"type":"text","content":"Highlights","length":10,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"First drilling at the Todd Creek project since inception of Freeport earn-in agreement in 2023","length":94,"tagName":"p","attribs":{}}]}],"tagName":"ul","bulletedList":true,"length":94,"olType":false},{"type":"list","items":[{"val":[{"type":"text","content":"Four broad porphyry copper-gold targets to be tested in first phase program: (1) Orange Mountain, (2) Fall Creek - Ice Creek, (3) Yellow Bowl, and (4) South Zone (Figure 1).","length":173,"tagName":"p","attribs":{}}]}],"tagName":"ul","bulletedList":true,"length":173,"olType":false},{"type":"list","items":[{"val":[{"type":"text","content":"Program guided by the same Freeport technical team responsible for the recent high grade Aurora porphyry Cu-Au discovery in northern BC (Joy project, Amarc Resources)","length":166,"tagName":"p","attribs":{}}]}],"tagName":"ul","bulletedList":true,"length":166,"olType":false},{"type":"text","content":"Tyler Ruks, President and CEO of ArcWest commented, "Our work with Freeport to date at Todd Creek demonstrates that the property is host to one of the largest underexplored Cu-Au systems in BC. The 2025 Todd Creek drill program represents the culmination of two years of extensive field work which has outlined multiple drill targets on the property. ArcWest is excited to begin testing if the gold-copper mineralization, which occurs near surface along a 13 km long trend, is related to one or more underlying porphyry Cu-Au sy...

More updates from Freeport-mcmoran, Inc.