VANCOUVER, BC / ACCESSWIRE / July 25, 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 ongoing Phase III drill program at the Copper Creek Project, located in Arizona, U.S. ("Copper Creek"). Drilling to date, as part of this program in the American Eagle area, has demonstrated the continuity in near-surface mineralization.

Paul Harbidge, President and CEO, commented "The ongoing drilling success at the American Eagle area, which is situated above the underground resource, increases our confidence that there is significant near-surface mineralization present. This could support an increase in the open pit resource of the project. It is particularly encouraging that we are encountering wide intervals of mineralization above our resource cutoff grade1, which are open in all directions. Drilling continues in the area with a focus on testing previously undrilled breccias, including the Banjo, Jailhouse, and Giuseppe breccias, which we expect to drill test over the coming months."

Highlights

At the Prada breccia, drill hole FCD-24-069 demonstrates that near-surface mineralization is present and confirms the potential for resource growth.

Intersected 29.08 metres ("m") at 0.62% copper and 1.14 gram per tonne ("g/t") silver from 145.69 m in drill hole FCD-24-069 at the Prada breccia. This intercept is within a 190.25 m at 0.23% copper and 0.66 g/t silver from 15.00 m.

Three additional drill holes in the American Eagle area intersected near-surface, early halo vein mineralization outside of breccias.

Current drilling is focused on expanding the near-surface mineralization in the American Eagle area including the Banjo, Jailhouse and Giuseppe breccias (Figure 1).

(For true width information see Table 1.)

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