Expansion Of Mineralization At The American Eagle Area

VANCOUVER - Faraday Copper Corp. reported on five drill holes from its Phase III drill program at the Copper Creek Project, located in Arizona. Four holes were drilled in the American Eagle area and one in the Rum area. The Company is also pleased to provide an update on project activities and next steps at Copper Creek.

Paul Harbidge, President and CEO, said, "These drill results continue to expand the near-surface mineralization in the American Eagle area, including the discovery of the blind Winchester breccia, which does not outcrop at surface. These results, together with previous Phase III drilling, continue to fill the gap between Mammoth and the American Eagle area and demonstrate that copper mineralization occurs in broad zones outside the high-grade breccias in the American Eagle area.

"Our Phase III drill program was completed in mid-April 2025, with a few pending drill hole assays, and we expect to deliver an updated technical study and mineral resource estimate near the end of the third quarter of this year. We envision the potential for a significant step change in metal output through enhanced project scale, while maintaining low initial capital, long mine life and robust margins. We look forward to providing updates as we advance the project."