Faraday Copper's Copper Creek Project Intersects 71-Meter Mineralized Zone, Boosting Open-Pit Mining Potential

en.Wedoany.com Reported - Faraday Copper's latest drilling at the Copper Creek project has encountered a broad near-surface mineralized zone, which is expected to support future open-pit resource growth. Located approximately 70 kilometers north of Tucson, Arizona, USA, the project is one of the largest undeveloped copper mines in the United States.

Faraday Copper stated that drill hole FCD-26-169, located in the shallow area of the American Eagle zone, intersected a 67-meter section grading 0.3% copper at a depth of 30 meters; drill hole FCD-26-171 intersected a 71-meter section grading 0.41% copper at a depth of 80 meters, including a 35-meter section grading 0.58% copper at a depth of 85.4 meters.

Currently, Faraday is conducting a 40,000-meter drilling program at the Copper Creek project, focusing on the American Eagle zone, expansion of oxide resources, and exploration of new targets. Resource estimates indicate that the Copper Creek project has proven and probable reserves of 4.2 billion pounds of copper, 74.6 million pounds of molybdenum, and 15.5 million ounces of silver, with copper grade of 0.45%, molybdenum grade of 0.008%, and silver grade of 1.1 grams per tonne. Drilling operations at Copper Creek were suspended on the 20th after completing the core objective of open-pit resource delineation, and are expected to resume in the fall following the closing of the San Manuel acquisition.

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