Intersection Discovering High Grade Mineralised Banjo Breccia
VANCOUVER - Faraday Copper Corp. reported on the results of two drill holes from its ongoing Phase III drill program at the Copper Creek Project, located in Arizona. The two holes were drilled to continue to evaluate the near-surface mineralization in the American Eagle area.
Paul Harbidge, President and CEO, said, "Drilling in the American Eagle Area continues to provide very exciting results, with the discovery of the Banjo breccia, which has returned the best grade-width intercept of this drill campaign to date. The Phase III drilling shows the potential for a large near-surface resource to be defined above the current underground resource. The current interpretation suggests characteristics similar to the Mammoth breccia. Mammoth connects with the Keel underground zone and is the most vertically continuous mineralized system defined so far on the property. Drilling continues with the emphasis on both delineation of the Banjo breccia and testing additional breccias in the American Eagle area."
Drill hole FCD-24-070 is the discovery hole for the high-grade Banjo breccia and confirms significant mineralization above the American Eagle underground resource. Drill hole FCD-24-070 intersected 117.90 metres (m) at 1.01% copper and 1.87 grams per tonne (g/t) silver from 323.52 m, including 15.89 m at 2.15% copper and 2.48 g/t silver from 390.00 m. This intercept is within 269.65 m at 0.64% copper and 1.32 g/t silver from 229.49 m. Mineralization remains open.
At the American Eagle breccia, intersected 88.16 m at 0.39% copper and 1.43 g/t silver from 188.34 m in drill hole FCD-24-071, including 15.80 m at 0.93% copper and 3.71 g/t silver from 188.34 m. Confirmed vertical continuity of near surface breccia hosted mineralization to the porphyry mineralization at depth in the American eagle area.