sur Faraday Copper Corp. (isin : CA2176212009)
Faraday Copper Announces Promising Drilling Results at Copper Creek Project
Faraday Copper Corp. has reported significant findings from its Phase III drilling program at the Copper Creek Project in Arizona, U.S. The exploration yielded positive outcomes at both Old Reliable and Area 51, sites within the project area. At Old Reliable, one of the drill holes revealed copper mineralization of 0.40% over 117.00 meters, including a higher-grade zone of 0.60% copper over 23.37 meters. This drilling was outside the current mineral resource estimate, suggesting potential for resource expansion.
In Area 51, following up on earlier discoveries, the drilling identified copper mineralization of 0.35% over 43.24 meters and highlighted elevated gold grades in another breccia, marking the highest gold:copper ratio discovered on the project so far. These findings underscore the potential for further expansion and delineation of high-grade zones within the property. The company's President and CEO, Paul Harbidge, expressed satisfaction with the drilling program's ability to add to the mineral inventory and make new discoveries.
The historical significance of Old Reliable as a mining site and the recent identification of Area 51 as highly prospective for mineral discovery were further emphasized. The continuation of the Phase III drilling focuses on three key objectives: exploring new targets, expanding the mineral resource estimate, and better delineating high-grade zones. With twenty-one drill holes completed, ongoing analysis aims to build upon these promising results.
R. H.
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