Faraday Copper (TSX:FDY) Reports Blind Winchester Breccia Discovery at Copper Creek | asx 200 Mining Update

Highlights

• Faraday Copper (TSX:FDY) discovers blind breccia at American Eagle zone within Copper Creek Project

• Recent drill activity expands known mineralised zones across Mammoth and American Eagle areas

• Updated resource estimate and technical assessment expected later in the year

Faraday Copper (TSX:FDY), active in the North American mining sector, has identified new mineralised zones at the Copper Creek Project located in Arizona, United States. The company, which contributes indirectly to movements in mining-related segments of the asx 200, confirmed a blind breccia discovery at the American Eagle area during the third phase of its ongoing drill campaign.

The recent exploration activity adds to the broader understanding of the subsurface copper system and underpins expansion efforts between the known Mammoth and American Eagle zones. The term "blind" in this context refers to the breccia body being entirely underground, with no surface expression.

Exploration Drilling at American Eagle and Rum Zones

The third phase of the program included several drillholes focused on the American Eagle area and an additional hole in the Rum area. The outcome has led to further delineation of copper mineralisation in regions outside previously defined high-grade breccias. The discovery at Winchester breccia underlines the ongoing technical assessment of structural and mineralogical continuity across the property.

This phase of work followed previous campaigns that aimed to enhance geological understanding in areas where breccia bodies are not visible from the surface. The company has completed the current drilling round, with laboratory results from a few drillholes still in progress.

Strategic Updates to Technical Assessment and Resource Estimates

Faraday Copper is integrating results from its second and third phase drilling efforts into a broader technical and resource update scheduled for later in the year. The updated assessment will incorporate geological modelling and mineral resource estimations informed by the latest drilling datasets.

According to project leadership, this updated framework is being developed with the intention of enhancing the scale and continuity of the copper mineralisation model across Copper Creek. It is designed to build upon data acquired since the previously published technical report and initial project study.

Metallurgical Insights and Infrastructure Review

Recent advancements in metallurgical test work have supported earlier findings related to copper recovery and processing efficiency. Tests have validated recovery through conventional grinding and flotation methods using coarser materials, which contributes to the engineering assessment underpinning the Copper Creek development.

The broader evaluation now includes not only updated geological interpretations, but also improved infrastructure planning, environmental data review, and technical enhancements across operational domains. The goal is to support future reporting aligned with regulatory and operational standards required for advanced-stage project studies.

Development Progress at Copper Creek

The Copper Creek Project includes multiple known breccia and porphyry copper zones, with infrastructure access and historical data supporting current exploration. The focus remains on expanding near-surface mineralisation and integrating new data into the geological model to inform future development activities.

Faraday Copper is engaged in identifying and supplying materials essential to the energy transition and modern infrastructure systems. The company’s Copper Creek Project continues to draw attention within the North American copper space, contributing to supply dynamics in the broader materials sector.

The company plans to publish an updated technical study and revised mineral resource estimate near the end of the third quarter, consolidating the work completed to date.