High Grade Massive Sulphide From Copper Prince Breccia

VANCOUVER - Paul Harbidge, President and CEO of Faraday Copper Corp., said, "I am very excited to see the high-grade massive sulphide intersection from the Copper Prince breccia, Copper Creek Project, located in Arizona, which remains open at depth, and outside of the Mineral Resource Estimate. The identification of significant gold assays is also a very encouraging value proposition for the project as the current Mineral Resource does not include gold. This is leading us not only to plan follow-up drilling, but also to assay historical core, which was not previously analyzed for gold. Furthermore, the presence of over 400 breccias mapped at surface demonstrates the prospectivity of the Copper Creek district."

Highlights: Intersected 15.01 m at 10.83% copper, 1.65 grams per tonne ("g/t") gold and 55.62 g/t silver , from 234.27 m, at the Copper Prince breccia in drill hole FCD-22-013; The intercept is located approximately 40 m below the pit shell used to constrain the Mineral Resource Estimate (MRE); and Mineralization remains open at depth and further drilling is planned.

The assay results represent a total of 775.71 m of drilling, including 291.69 m from FCD-22-013 (Phase II drill program) and 484.02 m from FCD-22-001 (Phase I drill program). All intercepts are reported as downhole drill widths.

Drill hole FCD-22-013 was collared at the northwestern margin of the Copper Giant breccia and was drilled to the south. This hole closes a gap in historical drilling and extends drill coverage to the lower projection of the Copper Prince breccia; Confirms high-grade extension with 15.01 m at 10.83 % copper, 1.65 g/t gold and 55.62 g/t silver, from 234.27 m. The mineralization consists of massive chalcopyrite, bornite and pyrite.

Two additional intercepts are located within a 70-meter-wide kaolinite-sericite alteration halo to the massive sulphide zone: 9.79 m at 0.18% copper, 0.02 g/t gold, and 0.93 g/t silver from 208.47 m and 8.02 m at 0.28% copper, 0.02 g/t gold and 0.73 g/t silver from 264.88 m. The results from this drill hole have the potential to expand open pit mineral resources.

This drill hole demonstrates that high-grade copper mineralization is present at Copper Creek. Exploration potential is supported by over 400 breccia occurrences mapped at surface, only 14 of which are included in the MRE and 35 have one or more drill holes in them. In addition, the drill hole has yielded some of the highest gold assay values known to date from the project. Other zones with significant gold assays include the Childs-Aldwinkle breccia and the Keel zone. Gold assay data coverage is approximately 12% of the copper coverage for the current drill database. The Company is evaluating the assaying for gold of selected historical core to continue to add value to the project. Ten drill holes have been complete and assay results for completed holes will be released as they are received, analyzed and confirmed by the Company.