Faraday Copper Intersects Near-Surface Copper Mineralization from Five Drill Holes in the American Eagle Area

About this update from Faraday Copper Corp

VANCOUVER, BC / ACCESS Newswire / January 22, 2026 / Faraday Copper Corp. (" Faraday " or the " Company ") (TSX:FDY)(OTCQX:CPPKF) is pleased to announce the results of the first eight drill holes from its Phase IV drill program at the Copper Creek Project, located in Arizona ("Copper Creek"). These holes targeted near-surface copper mineralization in the American Eagle area as well as infill drilling and geotechnical objectives. Paul Harbidge, President and CEO, commented, "These initial results from our Phase IV drill program continue to increase our confidence in expanding the near surface mineralization in the American Eagle area, further supporting the potential to define a significant open pit mineral resource in this area and unlock additional economic value for the project. Phase IV drilling is ongoing with three active rigs focused on increasing the open pit potential, testing district exploration targets, and collecting hydrogeological and geotechnical data that will be used in future technical studies." Highlights (For true width information see Table 1) Phase IV Drilling The results reported herein are the first results from the Company's Phase IV drill program which has the objectives of increasing confidence in the resource, adding further potential open pit mineable inventory, collecting hydrogeological and geotechnical data and testing district exploration targets. There are currently three active drill rigs on the property. The program builds on the success of Phase III drilling, which resulted in the discovery of mineralization hosted in breccias and porphyry-style vein zones, particularly in the American Eagle area. Drill Results Summary The American Eagle area , as mapped on surface, covers approximately 800 m by 1,000 m and is host to numerous prospective breccias and porphyries which have strong copper geochemical signatures (Figure 1). These surface expressions are located above the large underground porphyry mineral resource 1 . The Company's Phase III drilling, which included 34 drill holes, resulted in the discovery of the Banjo, Winchester and Prada breccias. Phase III was carried out from 9 drill pad locations which allowed limited testing of the near-surface and lateral extent of mineralization. The approval of the Exploration Plan of Operations by the Bureau of Land Management in June 2025 ( see news release dated July 3, 2025 ) now provides the ability for expanded drilling in the area. Next Steps Phase IV drilling continues with a total of 40,000 m currently planned and is focused on near-surface mineralization as well as geotechnical and hydrogeological objectives. The Company has released results from 2,875 m drilled in 8 holes, all of which are in the American Eagle area. The assay results for additional completed drill holes will be released as they are received, analyzed and confirmed by the Company. Figure 1: Plan View Showing Surface Geology and Location of the Drill Holes in the American Eagle Area Note: The open pit shell is based on constraints used in the MRE as presented in the Copper Creek Technical Report 1 Figure 2: Images of Mineralized Core from Drill Hole FCD-25-134 Table 1: Selected Drill Results Note: All intercepts are reported as downhole drill widths. Mineralization includes bulk porphyry style and breccia mineralization. True widths are approximate due to the irregular shape of mineralized domains. N/A: Not analyzed. Table 2: Collar Locations from the Drill Holes Reported Herein Note: Coordinates are given as World Geodetic System 84, Universal Transverse Mercator Zone 12 north (WGS84, UTM12N). Sampling Methodology, Chain of Custody, Quality Control and Quality Assurance All sampling was conducted under the supervision of the Company's geologists and the chain of custody from Copper Creek to the independent sample preparation facility, ALS Laboratories in Tucson, AZ, was continuously monitored. The samples were taken as ½ core, over 2 m core length. Samples were crushed, pulverized and sample pulps were analyzed using industry standard analytical methods including a 4-Acid ICP-MS multielement package and an ICP-AES method for high-grade copper samples. Copper mineralized samples were also analyzed for acid and cyanide soluble copper. Gold was analyzed on a 30 g aliquot by fire assay with an ICP-AES finish. A certified reference sample was inserted every 20 th sample. Coarse and fine blanks were inserted every 20 th sample. Approximately 5% of the core samples were cut into ¼ core and submitted as field duplicates. On top of internal QA-QC protocol, additional blanks, reference materials and duplicates were inserted by the analytical laboratory according to their procedure. Data verification of the analytical results included a statistical analysis of the standards and blanks that must pass certain parameters for acceptance to ensure accurate and verifiable results. Qualified Person The scientific and technical information contained in this news release has been reviewed and approved by Faraday's VP Exploration, Dr. Thomas Bissig, P. Geo., who is a Qualified Person under National Instrument 43-101 - Standards of Disclosure for Mineral Projects ("NI 43-101"). Notes 1 The Mineral Resource Estimate and copper cutoff grade are presented in the report titled "Copper Creek Project NI 43-101 Technical Report and Preliminary Economic Assessment" with an effective date of May 3, 2023, available on the Company's website at www.faradaycopper.com and on the Company's SEDAR+ profile at www.sedarplus.ca . About Faraday Copper Faraday Copper is an exploration company focused on advancing its flagship copper project in Arizona, U.S. The Copper Creek Project is one of the largest undeveloped copper projects in North America with significant district scale exploration potential. The Company is well-funded to deliver on its key milestones and benefits from a management team and board of directors with senior mining company experience and expertise. Faraday trades on the TSX under the symbol "FDY". For additional information please contact: Stacey Pavlova, CFA Vice President, Investor Relations & Communications Faraday Copper Corp. E-mail: [email protected] Website: www.faradaycopper.com To receive news releases by e-mail, please register using the Faraday website at www.faradaycopper.com . Cautionary Note on Forward Looking Statements Some of the statements in this news release, other than statements of historical fact, are "forward-looking statements" and are based on the opinions and estimates of management as of the date such statements are made and are necessarily based on estimates and assumptions that are inherently subject to known and unknown risks, uncertainties and other factors that may cause actual results, level of activity, performance or achievements of Faraday to be materially different from those expressed or implied by such forward-looking statements. Such forward-looking statements and forward-looking information specifically include, but are not limited to, statements concerning the exploration potential of the Copper Creek property. Although Faraday believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements should not be in any way construed as guarantees of future performance and actual results or developments may differ materially. Accordingly, readers should not place undue reliance on forward-looking statements or information. Factors that could cause actual results to differ materially from those in forward-looking statements include without limitation: market prices for metals; the conclusions of detailed feasibility and technical analyses; lower than expected grades and quantities of mineral resources; receipt of regulatory approval; receipt of shareholder approval; mining rates and recovery rates; significant capital requirements; price volatility in the spot and forward markets for commodities; fluctuations in rates of exchange; taxation; controls, regulations and political or economic developments in the countries in which Faraday does or may carry on business; the speculative nature of mineral exploration and development, competition; loss of key employees; rising costs of labour, supplies, fuel and equipment; actual results of current exploration or reclamation activities; accidents; labour disputes; defective title to mineral claims or property or contests over claims to mineral properties; unexpected delays and costs inherent to consulting and accommodating rights of Indigenous peoples and other groups; risks, uncertainties and unanticipated delays associated with obtaining and maintaining necessary licenses, permits and authorizations and complying with permitting requirements, including those associated with the Copper Creek property; and uncertainties with respect to any future acquisitions by Faraday. In addition, there are risks and hazards associated with the business of mineral exploration, development and mining, including environmental events and hazards, industrial accidents, unusual or unexpected formations, pressures, cave-ins, flooding and the risk of inadequate insurance or inability to obtain insurance to cover these risks as well as "Risk Factors" included in Faraday's disclosure documents filed on and available at www.sedarplus.ca . This press release does not constitute an offer to sell or a solicitation of an offer to buy any securities in any jurisdiction to any person to whom it is unlawful to make such an offer or solicitation in such jurisdiction. This press release is not, and under no circumstances is to be construed as, a prospectus, an offering memorandum, an advertisement or a public offering of securities in Faraday in Canada, the United States or any other jurisdiction. No securities commission or similar authority in Canada or in the United States has reviewed or in any way passed upon this press release, and any representation to the contrary is an offence. SOURCE: Faraday Copper Corp. View the original press release on ACCESS Newswire

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