Faraday Copper Corp. announced the final two drill hole results from the Phase II program at the Copper Creek Project, located in Arizona, U.S. ("Copper Creek"). These two holes were drilled to test vertical extension of high-grade breccia mineralization above the American Eagle underground footprint and target previously undrilled areas.

Highlights: Intersected 30.50 metres ("m") at 0.95% copper, 3.62 g/t silver and 0.02 g/t gold from 213.80 m, including 14.84 m at 1.61% copper, 2.05 g/t silver and0.04 g/t gold from 229.46 m in drill hole FCD-23-037 at the Bald breccia. This result confirms near-surface, high-grade breccia Mineralization within the Bald resource pit shell and highlights the potential for resource expansion above the American Eagle porphyry. Results from Phase II drilling, along with new geophysical data, spectral data and geological mapping, will contribute to ranking and prioritizing targets for a 20,000-metre Phase III drill program planned to commence in the fourth quarter of 2023.

A metallurgical program has commenced and is focused on grind size optimization, gold deportment and further test work on near surface mineralization. Historical wide spaced vertical drilling had not tested the vertical extension of this breccia, which remains open. Follow-up drilling is planned in this area as part of Phase III program.

Drill hole FCD-23-036 was collared southwest of the Marsha pit shell and drilled towards the northeast. The hole crosses a gap in drilling and confirms low-grade mineralization 160 m below the bottom of the Marsha pit shell used to constrain the MRE. The historical drilling is not optimal for delineating the steeply dipping veins and breccia zones near-surface.

Angled drilling in this area is planned as part of the Phase III program to target open pit resource expansion. Historical results, together with drill hole FCD-23, between the Mammoth and Bald pit shells, spanning approximately one kilometre, highlight the potential for mineralization to be delineated above the American Eagle porphyy between surface and 500 m depth.