VANCOUVER, BC / ACCESSWIRE / January 10, 2023 / Faraday Copper Corp. ("Faraday" or the "Company") (TSX:FDY)(OTCQX:CPPKF) is pleased to provide an exploration update at its Copper Creek project in Arizona, USA.
Commenced a 10,000-metre ("m") Phase II Drilling Program on October 30, 2022, with the objectives of expanding the mineral resource, delineating high-grade zones and testing new generative exploration targets.
Drilling to date has intersected massive copper sulphide over approximately 15 m (from 234 m) as an extension to the Copper Prince breccia (Figure 1). Assay results are pending.
Established a dedicated, generative team to focus on new discoveries outside of the Mineral Resource Estimate ("MRE").
Identified twelve generative target areas outside of the MRE (Figure 2).
Identified eight priority exploration targets in proximity to the MRE which have the potential to expand the mineral resource footprint (Figure 2).
Over 400 breccia occurrences have been mapped at surface, of which 14 have been included in the MRE and a total of 35 have one or more drill holes in them. Breccias offer the potential to host high-grade, near-surface copper mineralization (Figures 3 and 4).
Thomas Bissig, VP Exploration, commented, "We are excited to initiate a generative exploration program at Copper Creek with the aim of making new discoveries in this under-explored district. The large number of previously untested breccia and porphyry occurrences offers significant exploration upside. As part of the Phase II Drill Program, we have initiated reconnaissance drilling on several regional targets as well as drill testing near-resource opportunities."
Figure 1: A portion of drill core from Phase II drill hole FCD-22-013 showing massive copper sulphide from the Copper Prince breccia at the Copper Creek Project (assay results are pending)
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