Announcement • Sep 04

Faraday Copper Reports Results Of 23 Drill Holes From Its Phase IV Drill Program At The Copper Creek Project

Faraday Copper Corp. announced the results of 23 drill holes from its Phase IV drill program at the Copper Creek Project, located in Arizona. Eight holes were drilled near Copper Giant and targeted near-surface copper mineralization; five holes were drilled in the American Eagle area targeting near-surface mineralization and one previously undrilled breccia trend; three holes were drilled in the Old Reliable area targeting structural trends west and north of the known mineralization; six holes were drilled near Mammoth and Childs Aldwinkle and had infill and geotechnical objectives; and one hydrogeological hole was drilled in the southern part of the property, near the Sunrise trend. Intersected near-surface mineralization in 14 drill holes, expanding both oxide and sulphide mineralization. Four drill holes at American Eagle intersected chalcocite and chalcopyrite mineralization, including 19.00 metres at 0.55% copper from 42.00 m in drill hole FCD-26-192 in a previously undrilled breccia and porphyry trend 350 m south of the American Eagle breccia, highlighting potential for resource expansion. 20.00 m at 0.52% copper from 149.00 m in drill hole FCD-26-184 and 31.00 m at 0.25% copper from 28.00 m in drill hole FCD-26-183. Both holes were drilled at a shallow angle and identified mineralization above the high-grade Banjo breccia. Four shallow drill holes east of the Copper Giant breccia define an extensive area of near-surface oxide mineralization, with intercept lengths ranging between ~50 m and ~100 m. Additional mineralized intercepts in infill holes include 14.33 m at 0.56% copper from surface in FCD-26-185 near the Pole breccia and 40.00 m at 0.32% copper from 20.00 m in hole FCD-26-163 north of Childs Aldwinkle. The American Eagle area, as mapped on surface, covers approximately 800 m by 1,000 m and is host to numerous prospective breccias and porphyries. These surface expressions are located above the large underground porphyry mineral resource. Previous drilling resulted in the discovery of the Banjo, Winchester and Prada breccias. Drill hole FCD-26-172 was collared north of the American Eagle breccia and drilled to the north. The hole intersected granodiorite, except for a breccia domain from 18 m to 33 m and porphyry from 89 m to 95 m. The breccia domain is characterized by quartz-sericite alteration with pyrite cement and minor chalcocite. The granodiorite hosts porphyry style veins with copper mineralization in chalcopyrite and chalcocite together with pyrite. Drill hole FCD-26-182 was collared northeast of American Eagle breccia and drilled to the southeast, targeting the shallow part of the Boomerang breccia. The hole starts in granodiorite and intersected porphyry from 34 m to 43 m followed by breccia to 56 m. After another interval of granodiorite the hole entered breccia from 83 m to 117 m before going back into granodiorite. The breccia domains are characterized by intense sericitic alteration, pyrite occurring in breccia cement and disseminated. Trace chalcopyrite and chalcocite are observed both in breccia cement and porphyry-style veins. Drill hole FCD-26-183 was collared northwest of Banjo and drilled to the southeast targeting near-surface mineralization above the high-grade Banjo breccia. The hole intersected granodiorite for its entire length except for a short breccia interval from 45 m to 50 m. Mineralization occurs as chalcocite with chalcopyrite together with pyrite in porphyry-style veins and to a lesser extent in breccia cement or disseminated. Drill hole FCD-26-184 was collared at the same location as FCD-26-183 and drilled to the south, targeting near-surface mineralization. The hole intersected granodiorite except for a short porphyry interval from 4 m to 6 m and breccia from 11 m to 13 m. Mineralization consists of chalcocite and chalcopyrite hosted in porphyry-style veins. Drill hole FCD-26-192 was collared 350 m southwest of the American Eagle breccia and drilled to the south, targeting a breccia and porphyry trend. The hole starts in porphyry to 24 m and enters a zone of alternating hydrothermal breccia, granodiorite and porphyry to 100 m. Granodiorite with porphyry intervals dominates to 171 m, followed by a zone of porphyry and hydrothermal breccia to 217 m. The hole terminates in granodiorite. Quartz-sericite-pyrite alteration is moderate to intense in breccia and porphyry intervals. Mineralization occurs as chalcopyrite and chalcocite together with pyrite in porphyry style veins and as breccia cement. Recent drilling (drill hole FCD-26-173 reported in a news release dated June 24, 2026) in an area approximately 300 m east of Copper Giant demonstrated the presence of copper oxide mineralization associated with a porphyry intrusion characterized by localized breccia. This constitutes a previously unknown area of copper oxide mineralization, herein referred to as Copper Giant East. Four holes detailed below contain copper oxide mineralization over 48 m to 100 m downhole length, defining an extensively mineralized area exposed at surface. Drill hole FCD-26-180 was collared east of Copper Giant and drilled to the southeast, testing a previously undrilled area for copper oxide mineralization. The hole intersected porphyry to 164 m and granodiorite to the end of the hole. Within the porphyry, which is largely oxidized, a variety of breccia domains are observed. Copper occurs as chrysocolla, malachite and tenorite as fracture coatings and disseminated at the start of the hole and as trace chalcopyrite with chalcocite near the end of the hole.

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