BRÈVE

sur Faraday Copper Corp. (isin : CA2176212009)

Promising results for Faraday Copper Corp. following its metallurgical program on the Copper Creek project

Vancouver-based Faraday Copper Corp. has released encouraging findings from its metallurgical program for its Copper Creek project in Arizona. With initial recovery rates of 95% for copper and a potential increase to over 97% through coarse particle flotation, the company envisions significant improvement in economic returns and metal production in the future. President and CEO Paul Harbidge highlights the exploration potential, particularly following the discovery of a new near-surface mineralized zone named “Area 51.”

The program highlighted benefits such as a 50% reduction in energy required for grinding compared to a preliminary economic assessment, while maintaining high quality of copper concentrate, with a constant average grade of 30, 5%. Gold recoveries of over 75% in copper concentrate lay the foundation for the addition of gold as a payable product, which was not considered in previous studies. Tests on surface oxide ores also led to copper recoveries between 84% and 92% in less than 43 days.

Zach Allwright, VP Projects and Evaluations, expresses optimism that these results could significantly amplify mill performance in future engineering studies. These results also support the company's strategy to minimize water consumption and limit surface footprint. Next steps include exploration of new target areas, advancement of the gold assay program and additional metallurgical evaluations.

R. E.

Copyright © 2024 FinanzWire, tous droits de reproduction et de représentation réservés.
Clause de non responsabilité : bien que puisées aux meilleures sources, les informations et analyses diffusées par FinanzWire sont fournies à titre indicatif et ne constituent en aucune manière une incitation à prendre position sur les marchés financiers.

Cliquez ici pour consulter le communiqué de presse ayant servi de base à la rédaction de cette brève

Voir toutes les actualités de Faraday Copper Corp.