Geological Model and Exploration Plan for the Copper Creek VANCOUVER, BC / ACCESSWIRE / May 12, 2022 / Faraday Copper Corp. ("Faraday" or the "Company") (CSE:FDY) is pleased to provide a summary of its completed geological model for the Copper Creek project, located in Arizona, U.S. ("Copper Creek") and to provide an overview of the exploration plan for the remainder of 2022 and early 2023.
"The Company has reached another milestone with the delivery of an initial geological model, which provides a strong foundation for an updated mineral resource estimate for the Copper Creek project expected later this year. The model is supported by the integration of numerous empirical data sets," commented Paul Harbidge, President and CEO. "We're also very pleased to report our plans to expand the mineral footprint of the resources by improving the drill coverage in areas where drill data is limited and developing a portfolio of targets for future testing."
Highlights
- Completed a geological model for the Copper Creek breccia and early halo style porphyry copper-molybdenum-silver ("Cu-Mo-Ag") deposit which provides the foundation for an updated mineral resource estimate due in Q3 2022;
- Ongoing sampling of previously unsampled drill core to increase data coverage for the Copper Creek mineralization, which may potentially increase the mineral footprint of the project;
- Increased Phase 1 diamond drill program from 5,000 metres ("m") to 6,000 m, with 6 drill holes completed to date for a total of 3,350 m; analytical results are pending;
- Planned Phase 2 drill program to commence in Q4 2022, focused on increasing drill coverage in areas with limited drill data to obtain better information on the geometry and continuity of mineralized zones, breccias and porphyry intrusions; and
- Initiated a generative study to define and prioritize a portfolio of targets for future testing in an underexplored district.
There's a lot of information to digest from this NR...my head still hurts.
GLTA