Faraday Copper Corp Stock Price, News & Analysis

Faraday Copper Corp. (TSX:FDY) released its Q1 2025 financial results, reporting a net loss of $7.82 million ($0.04 per share), compared to $5.50 million ($0.03 per share) in Q1 2024. The company's cash position decreased to $7.55 million as of March 31, 2025, down from $17.00 million at the end of 2024.

Key operational highlights include completing Phase III drilling with 79 drill holes and 30,069 meters at the Copper Creek Project. Notable drilling results showed 56.57 meters at 0.59% copper at Boomerang breccia and 47.95 meters at 0.74% copper within 304.40 meters at 0.35% copper in the American Eagle Area. The company plans to release an updated technical report by Q3 2025, incorporating approximately 40,000 meters of additional drilling data from Phase II and III programs.

Metallurgical testing confirmed high copper recovery through coarse grind and flotation, and the company continues environmental data collection and stakeholder mapping at Copper Creek.

Faraday Copper Corp. (CPPKF) has announced results from seven drill holes in its Phase III program at the Copper Creek Project in Arizona. Key findings include significant intersections at the Banjo breccia with 18.49 meters at 0.98% copper and at Boomerang with 56.57 meters at 0.59% copper.

The drilling program focused on three areas: American Eagle, Rum, and Horsecamp. At Rum, drilling revealed 19.74 meters at 0.83% oxide copper from surface. The American Eagle area spans approximately 800m by 1,000m and shows potential for significant near-surface mineralization.

The company expects to deliver an updated mineral resource estimate and technical study in the second half of 2025, incorporating nearly 40,000 meters of additional drilling from Phase II and III programs. The ongoing Phase III drilling, which began in October 2023, continues to focus on near-surface mineralization in new targets, primarily within the American Eagle area.

Faraday Copper Corp. (TSX:FDY) has released its financial results for the year ended December 31, 2024. The company reported significant drilling results throughout 2024, including multiple high-grade copper intersections at its Copper Creek Project. Notable findings include 47.95 metres at 0.74% copper in the American Eagle Area and 117.83 metres at 1.12% copper at the Banjo breccia.

The company completed a bought deal financing in May 2024, raising $23 million through the sale of 28.75 million shares at $0.80 per share. As of December 31, 2024, Faraday had cash and cash equivalents of $17 million and working capital of $13.1 million.

Metallurgical testing demonstrated over 95% copper recoveries at coarse grind sizes. The company plans to release an updated technical report in the second half of 2025, incorporating over 30,000 meters of new drilling data.

Faraday Copper Corp. (CPPKF) announced positive metallurgical results from its Copper Creek project in Arizona. The program, conducted by ALS Metallurgy with Ausenco Engineering oversight, achieved 95.0% copper rougher recoveries using Coarse Particle Flotation (CPF) technology.

Key findings include the ability to maintain high copper recoveries at a 350 micron primary grind with CPF scavenging, comparable to conventional flotation at 200 micron grind. This breakthrough could lead to significant mill throughput increases and approximately 50% reduction in ball mill grinding energy.

The tests demonstrated excellent metallurgical performance with locked cycle copper recoveries above 92% to a concentrate grade of about 31% copper. The company plans to incorporate these results into an updated technical study in the second half of 2025, following the completion of ongoing Phase III drilling program which has already conducted over 30,000 metres since the last Mineral Resource Estimate.

Faraday Copper Corp. (CPPKF) has announced results from six drill holes in its Phase III program at the Copper Creek Project in Arizona. The drilling revealed significant copper mineralization in the American Eagle area, including notable intersections such as:

- 304.40 metres at 0.35% copper and 0.87 g/t silver, including 47.95m at 0.74% copper
- 131.36 metres at 0.47% copper and 1.18 g/t silver
- 84.83 metres at 0.39% copper and 0.98 g/t silver

The American Eagle area covers approximately 800m by 1,000m and hosts numerous prospective breccias and porphyries. The company expects a data cut-off by the end of Q1 2025 and plans to release an updated technical study in H2 2025. The drilling program has completed over 30,000 metres beyond the current Mineral Resource Estimate, with new targets representing significant potential for project value enhancement.

Faraday Copper has announced results from five drill holes in its Phase III program at the Copper Creek Project in Arizona. Key findings include significant intersections at the American Eagle area, with drill hole FCD-24-082 revealing notable copper mineralization: 118.28 metres at 0.30% copper at Prada breccia, and 109.42 metres at 0.41% copper at Boomerang breccia, including a high-grade zone of 40.06 metres at 0.78% copper.

The drilling program has expanded known near-surface mineralization in the American Eagle area, which covers approximately 800m by 1,000m. To date, the company has released results from 73 drill holes through combined Phase II and III programs, with 46 holes drilled on new targets outside the resource boundary, 20 step-out holes, and 7 holes within the resource area. The company has conducted over 30,000 metres of incremental drilling beyond the current Mineral Resource Estimate.