Faraday Copper Corp. announced the results of its metallurgical program at its Copper Creek project in Arizona, USA ("Copper Creek"). The metallurgical program was designed to evaluate grind size optimization, gold recoveries, and test additional samples from the near-surface mineralization to further enhance project economics compared to the Preliminary Economic Assessment 1 ("PEA"). Key highlights include: Achieved copper rougher 2 recoveries of 95% in the sulphide composite by applying a substantially larger grind size 3. The increased grind size confirms the following benefits: Opportunity to increase copper rougher recoveries to over 97% by utilizing Coarse Particle Flotation ("CPF") scavenging. CPF supports a potential increase to mill throughput without increasing the tailings pressure filtration requirement; Significant reduction in ball mill grinding energy compared to the PEA (approximately
50%); and Maintained copper concentrate quality with a consistently high average concentrate grade of 30.5% copper. Confirmed gold recoveries in copper concentrate of over 75% supporting the potential for payable gold in the copper concentrate, which was not considered in previous studies. Significantly improved near-surface oxide recovery through column leach tests, which returned copper recoveries of 84% to 92% in 43 days with net acid consumption <12 kg/t, compared to 75% in 60 days with net acid consumption of 20 kg/t utilized in the PEA. Based on the outcomes of the metallurgical program and ongoing exploration results, the Company is targeting the following steps to continue to enhance the value of the project: Exploration Drilling: Phase III drilling continues and is focused on reconnaissance drilling on new targets, expanding the Mineral Resource and better delineating high-grade mineralized zones. Gold Assay Program: The Company continues to advance the gold assay program, currently focused on the Keel underground zone. Assay results from this program, paired with existing gold data, could support the inclusion of gold in future resource updates and project economics. Metallurgical Assessments: Test work will be conducted as new resource targets are delineated. In addition, continued assessments will include further CPF flowsheet evaluation and a material type characterization program. Technical Report Update: To incorporate updated geological, geotechnical, economic and metallurgical datasets. The scientific and technical information contained in this news release has been reviewed and approved by Faraday's Vice President, Projects and Evaluations, Zach Allwright, P.Eng., who is considered a Qualified Person under National Instrument 43-101 - Standards of Disclosure for Mineral Projects ("NI 43- 101").