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Faraday Copper Initiates Largest Ever Drill Programat the Copper Creek Project in Arizona
September 18, 2025 – Vancouver, British Columbia – 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 resource1 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 Resource1 Expansion Potential
Figure 4: Plan View Showing Exploration Target Areas and Surface Geology
Figure 5: Plan View of 2023 Resource Grade Distribution1
