Faraday Copper Initiates Largest Ever Drill Program at the Copper Creek Project in Arizona
Faraday Copper (OTCQX:CPPKF) has launched its largest-ever drill program at the Copper Creek Project in Arizona. The ambitious Phase IV program encompasses 40,000 meters of diamond drilling, with resources allocated across three main objectives:
The program includes 20,000 meters focused on American Eagle near-surface mineralization, 10,000 meters targeting oxide mineralization for potential copper cathode production, and 10,000 meters dedicated to new discoveries in the Copper Creek district. The company has secured approval for 67 drill pads on federal land, with 48 located in the American Eagle area, significantly expanding their exploration capabilities.
Due to this extensive exploration program, Faraday has deferred its updated resource and technical study until after completion. The company aims to maximize economic potential through resource growth and exploration of high-priority targets across the property.
Faraday Copper (OTCQX:CPPKF) ha avviato il suo programma di trivellazione più esteso di sempre presso il Copper Creek Project in Arizona. Il ambitissimo programma della Fase IV prevede 40.000 metri di drill diamantato, con risorse allocate a tre obiettivi principali:
Il programma include 20.000 metri dedicati alla mineralizzazione superficiale di American Eagle, 10.000 metri mirati alla mineralizzazione ossidata per una potenziale produzione di rame catodo, e 10.000 metri riservati a nuove scoperte nel distretto Copper Creek. l’azienda ha ottenuto l’approvazione per 67 piazzole di perforazione su terreno federale, di cui 48 nell’area American Eagle, ampliando significativamente le capacità esplorative.
A causa di questo esteso programma di esplorazione, Faraday ha posticipato l’aggiornamento delle risorse e lo studio tecnico fino al completamento. L’obiettivo è massimizzare il potenziale economico attraverso la crescita delle risorse e l’esplorazione di obiettivi ad alta priorità sull’intero terreno.
Faraday Copper (OTCQX:CPPKF) ha lanzado su programa de perforación más grande jamás realizado en el Copper Creek Project en Arizona. El ambicioso programa de Fase IV abarca 40.000 metros de perforación con diamante, con recursos asignados a tres objetivos principales:
El programa incluye 20.000 metros centrados en la mineralización superficial de American Eagle, 10.000 metros orientados a la mineralización oxídica para una posible producción de cobre cathode, y 10.000 metros dedicados a nuevos descubrimientos en el distrito Copper Creek. La empresa ha obtenido la aprobación para 67 plataformas de perforación en tierras federales, de las cuales 48 se ubican en la zona de American Eagle, ampliando significativamente sus capacidades de exploración.
Debido a este extenso programa de exploración, Faraday ha pospuesto su actualización de recursos y el estudio técnico hasta su finalización. La compañía busca maximizar el potencial económico mediante el crecimiento de recursos y la exploración de objetivos prioritarios en toda la propiedad.
Faraday Copper (OTCQX:CPPKF)가 애리조나주 Copper Creek 프로젝트에서 사상 최대 규모의 드릴 프로그램을 시작했습니다. 야심찬 4단계 프로그램은 40,000미터의 다이아몬드 드릴링을 포함하며 세 가지 주요 목표에 자원을 배정합니다:
프로그램에는 American Eagle의 지표 근처 표면 광물화에 20,000미터, 산화 광물화에 10,000미터를 할당해 잠재적 구리 음극 생산, 그리고 Copper Creek 지구에서 새로운 발견에 10,000미터를 할당하는 내용이 포함됩니다. 회사는 연방 토지에 대해 67개의 드릴 패드 승인을 받았으며, 그 중 48개가 American Eagle 지역에 위치해 탐사 역량을 크게 확장했습니다.
이 광범위한 탐사 프로그램으로 인해 Faraday는 완료 후까지 업데이트된 자원 및 기술 연구를 연기했습니다. 자원 성장과 우선 탐사 대상의 탐사를 통해 경제적 잠재력을 극대화하는 것을 목표로 합니다.
Faraday Copper (OTCQX:CPPKF) a lancé son plus grand programme de forage jamais réalisé au Copper Creek Project en Arizona. Le programme ambitieux de Phase IV comprend 40 000 mètres de forage diamant, des ressources étant allouées à trois objectifs principaux :
Le programme comprend 20 000 mètres dédiés à la minéralisation superficielle d'American Eagle, 10 000 mètres axés sur la minéralisation oxydée pour une éventuelle production de cuivre cathode, et 10 000 mètres consacrés à de nouvelles découvertes dans le district Copper Creek. La société a obtenu l'approbation pour 67 fosses de forage sur des terrains fédéraux, dont 48 situées dans la zone American Eagle, élargissant considérablement leurs capacités d'exploration.
En raison de ce programme d'exploration étendu, Faraday a différé sa mise à jour des ressources et l'étude technique jusqu'à l'achèvement. L'entreprise vise à maximiser le potentiel économique par la croissance des ressources et l'exploration des cibles prioritaires à travers la propriété.
Faraday Copper (OTCQX:CPPKF) hat sein bislang größtes Bohrprogramm am Copper Creek-Projekt in Arizona gestartet. Das ehrgeizige Phase-IV-Programm umfasst 40.000 Meter Diamantbohrungen, mit Ressourcen, die auf drei Hauptziele verteilt sind:
Das Programm umfasst 20.000 Meter für die flächennahe Mineralisierung von American Eagle, 10.000 Meter zur Oxidmineralisierung für eine potenzielle Kupferkathodenproduktion und 10.000 Meter für neue Entdeckungen im Copper Creek-Gebiet. Das Unternehmen hat die Genehmigung für 67 Bohrplätze auf Bundesland erhalten, davon 48 im American Eagle-Gebiet, was ihre Explorationsmöglichkeiten deutlich erweitert.
Aufgrund dieses umfangreichen Explorationsprogramms hat Faraday seine aktualisierte Ressourcenschätzung und Studie bis zur Fertigstellung verschoben. Das Unternehmen zielt darauf ab, wirtschaftliches Potenzial durch Ressourcenwachstum und die Erkundung priorisierter Ziele im gesamten Areal zu maximieren.
Faraday Copper (OTCQX:CPPKF) أطلقت أكبر برنامج حفر في تاريخها بمشروع Copper Creek في أريزونا. البرنامج الطموح للمرحلة الرابعة يشمل 40,000 متر من الحفر الماسي، مع تخصيص الموارد لثلاثة أهداف رئيسية:
يتضمن البرنامج 20,000 متر مركّزة على mineralisation السطحية في American Eagle، 10,000 متر تستهدف المعادن المؤكسدة لإنتاج محتمل للكاثود النحاس، و 10,000 متر مكرسة لاكتشافات جديدة في منطقة Copper Creek. حصلت الشركة على موافقة لـ67 منصة حفر على أراضي اتحادية، مع وجود 48 منها في منطقة American Eagle، مما يوسع قدراتها الاستكشافية بشكل كبير.
بسبب هذا البرنامج الاستكشافي الواسع، أجلت Faraday تحديث الموارد والدراسة الفنية حتى اكتماله. تهدف الشركة إلى تعظيم الإمكانات الاقتصادية من خلال نمو الموارد واستكشاف أهداف عالية الأولوية عبر الملكية.
Faraday Copper (OTCQX:CPPKF) 已在亚利桑那州的 Copper Creek 项目启动了有史以来最大的钻探计划。雄心勃勃的 第四阶段计划 将包括 40,000 米 的金刚石钻探，资源分配于三个主要目标：
该计划包括 在 American Eagle 区域近地表矿化上投入 20,000 米、10,000 米面向氧化矿化以实现潜在铜阴极生产，以及 10,000 米致力于 Copper Creek 区域的新发现。公司已获得在联邦土地上进行 67 个钻探场地 的批准，其中 48 个位于 American Eagle 区，显著扩大了其勘探能力。
由于这一广泛的勘探计划，Faraday 已将更新的资源与技术研究推迟至完成后进行。公司旨在通过资源增长和对全区的高优先目标勘探来最大化经济潜力。
- Secured approval for 67 drill pads on federal land, expanding exploration capabilities
- Previous Phase III drilling discovered multiple mineralized breccias including high-grade Banjo breccia
- Potential for early cash flow through low-cost heap-leach copper recovery from oxide mineralization
- Project represents one of the largest undeveloped copper projects in North America
- Deferral of updated resource and technical study until after program completion
- Significant capital requirements for extensive drilling program
- Exploration success and resource expansion not guaranteed
VANCOUVER, BC / ACCESS Newswire / September 18, 2025 / Faraday Copper Corp. (" Faraday " or the " Company ") (TSX:FDY)(OTCQX:CPPKF) is pleased to announce that its planned 40,000-metre ("m") Phase IV drill program at the Copper Creek Project, located in Arizona ("Copper Creek") has commenced.
Paul Harbidge, President and CEO, commented, "I am excited to announce the start of our Phase IV drill program, the largest drill program ever planned on the project to date. From just nine pads on federal land, Phase III drilling in the American Eagle area resulted in the discovery of multiple mineralized breccias, including the high-grade Banjo breccia. Importantly, the recent approval of our Exploration Plan of Operations provides access to 67 drill pads on federal land, 48 of which are located in the American Eagle area. This now allows us to fully delineate multiple mineralized breccias and porphyry occurrences as well as near surface oxide mineralization. As a result, we have decided to focus on this exciting exploration upside to fully evaluate the American Eagle area and test other high-priority targets across the property. Growing the resource and maximizing the economic potential is our priority - and, therefore, we have deferred the updated resource and technical study until after this drill program is completed."
Phase IV Drill Program Overview
An estimated 40,000 m diamond drill program has commenced with the goal of building on the Company's previous drilling success. The program will focus on the American Eagle area as well as new targets, infill, geotechnical, infrastructure, and hydrological drilling:
~20,000 m focused on American Eagle near-surface mineralization.
~10,000 m targeting oxide mineralization to increase the potential of copper cathode production, which provides optionality for early cash-flow and domestic copper production.
~10,000 m for new discoveries in the Copper Creek district.
Assay results for completed drill holes will be released as they are received, analyzed and confirmed by the Company.
American Eagle Area
The recently approved Exploration Plan of Operations by the Bureau of Land Management includes up to 67 drill pads located on Federal land, 48 of which are in or near the American Eagle area (Figure 1). This approval substantially increases the opportunities for drill targeting the American Eagle area compared to the previously available nine drill pads. Phase III drilling from these nine drill pads identified several mineralized breccias in the American Eagle area, including the high-grade Banjo breccia. The additional approved pads will allow testing for further near-surface porphyry and breccia-hosted mineralization near American Eagle. Some drilling will be aimed at the collection of geotechnical and hydrological data. A combined total of approximately 20,000 m of drilling is allocated to these objectives.
Oxide Resource Growth
Supergene copper oxide and secondary sulphide mineralization occurs in the uppermost 20 m to 40 m at Copper Creek and a resource 1 has been previously defined in breccias northwest of the American Eagle area. Recent Phase III drilling has highlighted the potential for expanding the oxide resource through shallow, low angle drilling. Copper oxide minerals and anomalous copper in iron oxides, which formed after oxidation of primary sulphide mineralization, have been widely documented beyond the known resource, including in the American Eagle area (Figures 2 and 3). Copper oxide provides the opportunity to generate early cash flow through low-cost, heap-leach copper recovery. Approximately 10,000 m of drilling is allocated to oxide resource growth.
District Exploration Upside
Significant exploration upside remains in the Copper Creek district with numerous breccias and porphyry targets yet to be drilled. Geological mapping, geophysical and geochemical data, as well as reconnaissance drilling, have highlighted various targets outside the resource area, including the Sunrise Trend, Bunker Hill and Sycamore (Figure 4). Mapping and geological data collection will continue throughout the district and is expected to highlight further exploration targets.
The American Eagle underground resource contains high-grade cores that may correspond to magmatic cupola zones or high-grade breccias. The underground resource at both Keel and American Eagle are open laterally and additional drilling has the potential to expand the mineralization and further define high-grade mineralization (Figure 5). Some drilling will be aimed at reconnaissance drilling for potential new porphyry centres. Approximately 10,000 m of drilling is allocated to these objectives.
Figure 1: Plan View Showing Drill Pads Approved on Federal Land and Selected Surface Geology
Figure 2: Plan View Showing Oxide Resource 1 Expansion Potential
Note: Copper oxide detected at surface includes observations of copper oxide minerals and copper concentrations on iron oxide minerals in grab samples measured by a portable X-ray fluorescence device.
Figure 3: Photographs Showing Oxide Mineralization Exposed at Surface
Figure 4: Plan View Showing Exploration Target Areas and Surface Geology
Figure 5: Plan View of 2023 Resource Grade Distribution 1
Qualified Person
The scientific and technical information contained in this news release has been reviewed and approved by Faraday's VP Exploration, Dr. Thomas Bissig, P. Geo., who is a Qualified Person under National Instrument 43-101 - Standards of Disclosure for Mineral Projects ("NI 43-101").
Notes
1 The Mineral Resource Estimate is presented in the report titled "Copper Creek Project NI 43-101 Technical Report and Preliminary Economic Assessment" with an effective date of May 3, 2023, available on the Company's website at www.faradaycopper.com and on the Company's SEDAR+ profile at www.sedarplus.ca .
About Faraday Copper
Faraday Copper is an exploration company focused on advancing its flagship copper project in Arizona, U.S. The Copper Creek Project is one of the largest undeveloped copper projects in North America with significant district scale exploration potential. The Company is well-funded to deliver on its key milestones and benefits from a management team and board of directors with senior mining company experience and expertise. Faraday trades on the TSX under the symbol "FDY".
For additional information please contact:
Stacey Pavlova, CFA
Vice President, Investor Relations & Communications
Faraday Copper Corp.
E-mail: info@faradaycopper.com
Website: www.faradaycopper.com
To receive news releases by e-mail, please register using the Faraday website at www.faradaycopper.com.
Cautionary Note on Forward Looking Statements
Some of the statements in this news release, other than statements of historical fact, are "forward-looking statements" and are based on the opinions and estimates of management as of the date such statements are made and are necessarily based on estimates and assumptions that are inherently subject to known and unknown risks, uncertainties and other factors that may cause actual results, level of activity, performance or achievements of Faraday to be materially different from those expressed or implied by such forward-looking statements. Such forward-looking statements and forward-looking information specifically include, but are not limited to, statements concerning the extent of the quantum of the drilling program, the proposed locations for drilling and the exploration potential of the Copper Creek property.
Although Faraday believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements should not be in any way construed as guarantees of future performance and actual results or developments may differ materially. Accordingly, readers should not place undue reliance on forward-looking statements or information.
Factors that could cause actual results to differ materially from those in forward-looking statements include without limitation: market prices for metals; the conclusions of detailed feasibility and technical analyses; lower than expected grades and quantities of mineral resources; receipt of regulatory approval; receipt of shareholder approval; mining rates and recovery rates; significant capital requirements; price volatility in the spot and forward markets for commodities; fluctuations in rates of exchange; taxation; controls, regulations and political or economic developments in the countries in which Faraday does or may carry on business; the speculative nature of mineral exploration and development, competition; loss of key employees; rising costs of labour, supplies, fuel and equipment; actual results of current exploration or reclamation activities; accidents; labour disputes; defective title to mineral claims or property or contests over claims to mineral properties; unexpected delays and costs inherent to consulting and accommodating rights of Indigenous peoples and other groups; risks, uncertainties and unanticipated delays associated with obtaining and maintaining necessary licenses, permits and authorizations and complying with permitting requirements, including those associated with the Copper Creek property; and uncertainties with respect to any future acquisitions by Faraday. In addition, there are risks and hazards associated with the business of mineral exploration, development and mining, including environmental events and hazards, industrial accidents, unusual or unexpected formations, pressures, cave-ins, flooding and the risk of inadequate insurance or inability to obtain insurance to cover these risks as well as "Risk Factors" included in Faraday's disclosure documents filed on and available at www.sedarplus.ca .
This press release does not constitute an offer to sell or a solicitation of an offer to buy any securities in any jurisdiction to any person to whom it is unlawful to make such an offer or solicitation in such jurisdiction. This press release is not, and under no circumstances is to be construed as, a prospectus, an offering memorandum, an advertisement or a public offering of securities in Faraday in Canada, the United States or any other jurisdiction. No securities commission or similar authority in Canada or in the United States has reviewed or in any way passed upon this press release, and any representation to the contrary is an offence.
SOURCE: Faraday Copper Corp.
View the original press release on ACCESS Newswire
FAQ
What is the size and scope of Faraday Copper's (CPPKF) Phase IV drill program at Copper Creek?
How many drill pads has Faraday Copper secured approval for at Copper Creek?
What is the potential economic benefit of oxide mineralization at the Copper Creek project?
Why has Faraday Copper delayed its resource update and technical study?
What were the key discoveries from the previous Phase III drilling at Copper Creek?
