Faraday Copper Corp. is pleased to announce the results from six drill holes at its Copper Creek Project, located in Arizona, U.S. . Paul Harbidge, President and CEO, commented "The continued success of our Phase II drill program confirms our view that there is significant upside to the open pit and underground resource utilized as the basis for the PEA. In particular, drill hole FCD-23-023 returned high copper grades and [...]
Faraday Copper Corp. announces its financial results for the three months ended March 31, 2023. Year-to-Date Highlights Announced results from the Copper Creek Project Preliminary Economic Assessment and an updated Mineral Resource Estimate on May 3, 2023, which included: Post-tax Net Present Value of US$713 million and Internal Rate of Return of 16%. Updated Mineral Resource Estimate that has 421.9 million tonnes at an [...]
Faraday Copper Corp. is pleased to announce the results from a Preliminary Economic Assessment and an updated Mineral Resource Estimate for its Copper Creek Project, located in Arizona, U.S. . The PEA provides an economically viable base case for the development of Copper Creek. All financial results are in U.S. dollars unless otherwise stated. The Company will hold a conference call and webcast on May 4, 2023 at 4:30pm [...]
Faraday Copper Corp. announces its financial results for the year ended December 31, 2022. Highlights Acquired a ranch for US$10 million on March 6, 2023, consisting of approximately 6,000 deeded acres within 32,000 acres of grazing leases as part of a land consolidation strategy around the Copper Creek Project. Completed a bought deal financing on February 14, 2023, for a total of 49,999,700 common shares sold at a price [...]
Faraday Copper Corp. is pleased to announce the results from three drill holes at its Copper Creek Project, located in Arizona, U.S. . The holes were drilled to target potential expansion of the open pit mineral resource. Highlights Intersected 100.12 metres at 0.69% copper and 1.15 grams per tonne silver from 34.88 m at the Copper Giant breccia in drill hole FCD-22-012. Approximately 85 m of this intersection are outside [...]
Faraday Copper Corp. is pleased to announce that its subsidiary, Redhawk Copper Inc., has entered into a Letter of Intent with Proteus Power Development LLC for the evaluation of a new solar Photovoltaic power generation facility and battery energy storage system , , to be located at the Copper Creek Project in Arizona, U.S. Paul Harbidge, President and CEO, commented "I look forward to working with Proteus to deliver on [...]
Faraday Copper Corp. is pleased to announce it has closed the previously announced acquisition of the Mercer Ranch land package for US$10 million, consisting of approximately 6,000 deeded acres within 32,000 acres of controlled ranch land. For additional details see the Company's news release dated February 27, 2023. About Faraday Copper Faraday Copper is a Canadian exploration company focused on advancing its flagship [...]
Faraday Copper Corp. is pleased to announce the acquisition of a land package for US$10 million , consisting of approximately 6,000 deeded acres within 32,000 acres of controlled ranch land . The acquisition aligns with the Company's strategy of land consolidation, advancing and de-risking the Copper Creek Project. Paul Harbidge, President and CEO, commented "The Mercer Ranch purchase is an important milestone at this [...]
Faraday Copper Corp. is pleased to announce the results from three drill holes at its Copper Creek Project, located in Arizona, U.S. . The three holes were drilled to confirm either continuity of high-grade mineralization or the potential extension of known mineralization outside of the open pit mineral resource. Highlights Intersected 52.38 metres at 1.05% copper and 1.35 grams per tonne silver from 103 m at the Copper [...]
Faraday Copper Corp. is pleased to announce that it has completed its previously announced bought deal financing, including the exercise in full of the Underwriters' over-allotment option, for a total of 49,999,700 common shares sold at a price of C$0.80 per Common Share for aggregate gross proceeds to the Company of C$39,999,760 . The Offering was led by Canaccord Genuity Corp. on its behalf and on behalf of a syndicate [...]
Faraday Copper Corp. is pleased to announce that in connection with the bought deal financing announced on February 2, 2023, the Company has entered into an amending agreement with Canaccord Genuity Corp. on behalf of a syndicate of underwriters that includes PI Financial Inc., TD Securities Inc. and Stifel GMP , to increase the size of the previously announced bought deal financing from C$30.0 million to C$34.8 million [...]
Faraday Copper Corp. is pleased to announce it has entered into an agreement with a syndicate of underwriters led by Canaccord Genuity Corp. on behalf of a syndicate of underwriters , pursuant to which the Underwriters have agreed to purchase, on a bought deal basis, 37,500,000 common shares in the capital of the Company at a price of C$0.80 per Common Share for gross proceeds to the Company of C$30,000,000 . Fort Capital [...]
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