# Faraday Copper Intersects Near-Surface Copper Mineralization from Five Drill Holes in the American Eagle Area *2026-01-22T07:05:00-05:00* Faraday Copper Intersects Near-Surface Copper Mineralization from Five Drill Holes in the American Eagle Area **VANCOUVER, BC / [ACCESS Newswire](https://www.accessnewswire.com/)/ January 22, 2026 / **Faraday Copper Corp. ("**Faraday**" or the "**Company**") (TSX:FDY)(OTCQX:CPPKF) is pleased to announce the results of the first eight drill holes from its Phase IV drill program at the Copper Creek Project, located in Arizona ("Copper Creek"). These holes targeted near-surface copper mineralization in the American Eagle area as well as infill drilling and geotechnical objectives. Paul Harbidge, President and CEO, commented, "These initial results from our Phase IV drill program continue to increase our confidence in expanding the near surface mineralization in the American Eagle area, further supporting the potential to define a significant open pit mineral resource in this area and unlock additional economic value for the project. Phase IV drilling is ongoing with three active rigs focused on increasing the open pit potential, testing district exploration targets, and collecting hydrogeological and geotechnical data that will be used in future technical studies." **Highlights** - **Five drill holes in the American Eagle area intersected near-surface mineralization above open pit cutoff grade1and further the potential for an open pit resource to be defined above the existing American Eagle underground resource.** - **Drill hole FCD-25-134 intersected several mineralized intervals for a combined 177 metres ("m") greater than 0.30% copper, expanding the known extent of the Winchester breccia to within 100 m from surface. **Copper intercepts include: - **17.58 m at 0.44% copper from 109.42 m;** - **16.46 m at 0.57% copper from 184.54 m; and** - **45.25 m at 0.42% copper from 256.28 m.** - **North of the Banjo breccia, drill hole FCD-25-129 intersected 56.00 m at 0.41% copper from 160.00 m (approximately 100 m below surface), including 24.00 m at 0.64% from 164.00 m.** - The drill holes reported herein further increased confidence of the near-surface mineralization in the American Eagle area and geotechnical holes confirmed the rock competency is consistent with the current resource1suitable for efficient open pit mining. _(For true width information see Table 1)_ **Phase IV Drilling** The results reported herein are the first results from the Company's Phase IV drill program which has the objectives of increasing confidence in the resource, adding further potential open pit mineable inventory, collecting hydrogeological and geotechnical data and testing district exploration targets. There are currently three active drill rigs on the property. The program builds on the success of Phase III drilling, which resulted in the discovery of mineralization hosted in breccias and porphyry-style vein zones, particularly in the American Eagle area. **Drill Results Summary** **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 which have strong copper geochemical signatures (Figure 1). These surface expressions are located above the large underground porphyry mineral resource1. The Company's Phase III drilling, which included 34 drill holes, resulted in the discovery of the Banjo, Winchester and Prada breccias. Phase III was carried out from 9 drill pad locations which allowed limited testing of the near-surface and lateral extent of mineralization. The approval of the Exploration Plan of Operations by the Bureau of Land Management in June 2025 ([see news release dated July 3, 2025](https://pr.report/hywz)) now provides the ability for expanded drilling in the area. - **Drill hole FCD-25-117**was collared 150 m southwest of the American Eagle breccia and drilled to the north, targeting a vein-zone and the Winchester breccia. After 60 m of porphyry, the hole intersected granodiorite to 386 m. Breccia and short intervals of porphyry were intersected to 509 m, followed by granodiorite to the end of the hole. Alteration is sericite, mainly affecting the breccia domain and zones of dense porphyry-style veining which were intersected from approximately 58 m. Copper mineralization occurs as pyrite-chalcopyrite in porphyry-style veins and breccia cement. - **Drill hole FCD-25-118**was collared 300 m west of the American Eagle breccia and drilled to the south. This hole tested a previously undrilled area with the objective of gaining geological and geotechnical data at the periphery of known mineralization, confirming competent rock quality. The hole intersected granodiorite to 181 m and porphyry to the end of the hole. Within the granodiorite, several narrow (< 2m) breccia intervals were intersected. Alteration is generally moderate and chlorite-sericite dominant. Mineralization occurs in veins as pyr