Faraday Copper receives BLM approval for expanded drilling at Copper Creek, enabling exploration of new targets and resource area extensions.
Faraday Copper Corp. has achieved a significant development at its Copper Creek Project in Arizona with the recent approval of its Exploration Plan of Operations (EPO) by the U.S. Bureau of Land Management (BLM). The approval follows the BLM's release of the final Environmental Assessment and a Finding of No Significant Impact (FONSI), culminating in the issuance of a Decision Record on June 30, 2025. This authorization represents a critical step forward for Faraday Copper in its mission to unlock the full potential of the Copper Creek property.
President and CEO Paul Harbidge emphasized the importance of the milestone, stating, “The EPO approval for up to 67 drill pads serves as a key catalyst for enhancing value and pushing the Copper Creek project forward. It paves the way for drilling across multiple unexplored breccia zones within the American Eagle area—an area where recent drilling efforts revealed extensive mineralization. These results indicate the presence of a potentially large, near-surface copper resource.” Harbidge further noted that the EPO also enables Faraday to drill brand-new targets, in addition to expanding existing resources through infill and step-out drilling. He expressed appreciation for the BLM’s diligence and reiterated Faraday’s commitment to ongoing collaboration with the agency.
The approved EPO encompasses up to 67 drill pads strategically distributed across various sectors of the project on federal lands. These include:
• 48 drill pads concentrated in or around the American Eagle area and the southern portion of the Mammoth resource zone;
• 10 drill pads located in other resource-rich areas, such as Old Reliable, Globe, Copper Prince, and Copper Giant;
• 9 drill pads dedicated to reconnaissance drilling on previously untested targets, providing opportunities for new discoveries.
With the regulatory green light secured, Faraday Copper is set to begin its Phase IV drilling program in the third quarter of 2025. This new phase of exploration will focus on advancing the understanding of the project’s geology and mineral potential, particularly in underexplored zones.
Additionally, the company remains on schedule to release an updated Mineral Resource Estimate (MRE) and a Preliminary Economic Assessment (PEA) by the third quarter of 2025. The updated MRE will incorporate approximately 40,000 metres of drilling data gathered during the Phase II and Phase III drilling programs, providing a more comprehensive view of the project’s value and development potential.
Faraday Copper is a mineral exploration company dedicated to progressing its flagship Copper Creek Project in Arizona, USA. Recognized as one of the largest undeveloped copper assets in North America, the project offers substantial district-scale exploration potential. The company is well-capitalized to achieve its strategic objectives and is supported by a leadership team and board of directors with extensive experience in senior mining operations.
