Fabled Copper Reports on the New Discovery "Target 11" Vein Area

Fabled Copper Reports on the New Discovery "Target 11" Vein Area

Fabled Copper Corp. ("Fabled Copper" or the "Company") (CSE:FABL)(FSE:XZ7) announces the results of 2022 surface field work on it's Muskwa Copper Project. See Figure 1 below

Figure 1 - General Property Location

Fabled Copper Corp., Wednesday, December 7, 2022, Press release picture

The Project is comprised of the Neil Property, the Toro Property and the Bronson Property all located in northern British Columbia. See Figure 2 below.

Figure 2 - Location Map

Fabled Copper Corp., Wednesday, December 7, 2022, Press release picture

Peter Hawley, President, CEO reports; "The Toro Property, target 11 vein area was generated by pure science using airborne geophysics. To test the target area, it was visited by a 3-person field team consisting of 2 geologist and 1 geo technician on three different occasions where it was sampled vertically over 244 meters from the valley floor at 1,090 meters to 1,415 meters on the first occasion. A total of 10 samples were collected, 2 float, 4 grab and 2 chip samples. Of the 10 samples collected,3 assayed greater than 0.5% copper. See Figure 3 below for Target 11 area.

Figure 3- Toro Property, Target 11 Vein Location

Fabled Copper Corp., Wednesday, December 7, 2022, Press release picture

On the first occasion, in the area east of Target 11, sample D-723587 of float collected at the valley floor returned 0.31% copper whereas grab sample D-723588 taken 191 meters vertically above assayed 1.51% copper and consisted of a quartz vein with abundant black siltstone fragments with abundant malachite copper alteration with moderate azurite, See Table 1, Photo 1/2 below.

Photo 1 /2 -

Fabled Copper Corp., Wednesday, December 7, 2022, Press release picture

A further 52 meters vertically above, grab sample D-723589 of quartz-carbonate veining weathered green with minor blue patches with less than 1% chalcopyrite was sampled and reported 0.36% copper, See Table 1 below.

Table 1 - Area East of Target 11 Vein, Sample Results

Sample No.

Elevation

Sample Type

Copper %

D-723587

1,099

Float

0.31

D-723588

1,290

Grab

1.52

D-723589

1,342

Grab

0.36

On the second visit, the same team explored the area which, is now called Target 11 vein. Where a total of 3 samples, 2 chips and one grab were taken over a vertical elevation of 31 meters.

Chip sample # D-723823 taken over a width of 0.25 meters consisted of quartz veining with iron carbonate with abundant shale fragments with minor malachite copper staining with less than 1 % chalcopyrite assayed 0.22% copper over the 0.25 meters, see Table 2 and Photo 3 below.

Photo 3 -

Fabled Copper Corp., Wednesday, December 7, 2022, Press release picture

A further 25 meters vertically below, grab sample D-723824 of a white quartz vein with 1-3% disseminated chalcopyrite with malachite copper alteration returned 0.28% copper, see Table 2 and Photo 4 below.

Photo 4 -

Fabled Copper Corp., Wednesday, December 7, 2022, Press release picture

Chip sample D-723826 taken at the same elevation of 1,732 meters vertically of the vein material assayed 0.05% copper over 0.70 meters, see Table 2 below.

Table 2 - Target 11 Vein Sample Results

Sample No.

Elevation

Sample Type

Width (m)

Copper %

D-723823

1,757

Chip

0.25

0.22

D-723824

1,732

Grab

0.28

D-723826

1,732

Chip

0.70

0.05

On the following day the same field crew traversed the area north of the Target 11 veining and collected 2 samples, 1 float and 1 grab. See Photo 5 below.

Photo 5 -

Fabled Copper Corp., Wednesday, December 7, 2022, Press release picture

Float Sample D-723829 taken at 1,800 meters vertically reported 0.98% copper and consisted of beige to rusty orange in color quartz carbonate veining with trace malachite and 2-5% chalcopyrite, see Table 3 above and Photo 6 below.

Photo 6 -

Fabled Copper Corp., Wednesday, December 7, 2022, Press release picture

At a distance of 65 meters vertically below grab sample D-723829 returned 0.99% copper and consisted of the same beige to rusty orange in color quartz carbonate veining with trace bornite and 1-3% chalcopyrite, see table 3 and Photo 7/8 below.

Photo 7/8

Fabled Copper Corp., Wednesday, December 7, 2022, Press release picture

Table 3 - Area North of Target 11 Vein Sample Results

Sample No.

Elevation

Sample Type

Copper %

D-723828

1,800

Float

0.98

D-723829

1,735

Grab

0.99

As per protocol, all sample locations were taken with GPS along with GPS enabled field cameras of photos of the sampled units. The photos, sample locations and all assay data pertaining to the assay taken, (36 elements were assayed) were tagged in a geo tag format for plotting in .kml / .kmz GIS systems such as Google Earth.

Going Forwards

That makes the total of 2 new veins found in 2022 sampling on the Muskwa project so far reported. As you may have notice, this area is copper only and does not have the gold-silver domain as seen on the previously reported Brad Vein Area.

An additional releases on the 2022 exploration program of the Muskwa area will be forth coming in the following weeks.

QA QC Procedure

Analytical results of sampling reported by Fabled Copper Corp represent rock samples submitted by Fabled Copper Corp staff directly to ALS Chemex, Vancouver, British Columbia Canada. Samples were crushed, split, and pulverized as per ALS Chemex method PREP-31, then analyzed for ME-ICP61 33 element package by four acid digestion with ICP-AES Finish. ME-GRA21 method for Au and Ag by fire assay and gravimetric finish, 30g nominal sample weight.

Over Limit Methods

For samples triggering precious metal over-limit thresholds of 10 g/t Au or 100 g/t Ag, the following is being used:

Au-GRA21 Au by fire assay and gravimetric finish with 30 g sample.

Ag-GRA21 Ag by fire assay and gravimetric finish.

Fabled Copper Corp. monitors QA/QC using commercially sourced standards and locally sourced blank materials inserted within the sample sequence at regular intervals.

About Fabled Copper Corp.

Fabled Copper is a junior mining exploration company. Its current focus is to creating value for stakeholders through the exploration and development of its existing copper properties located in northern British Columbia. The Muskwa Project is located in the Liard Mining Division in northern British Columbia.

Mr. Peter J. Hawley, President and C.E.O.
Fabled Copper Corp.
Phone: (819) 316-0919
peter@fabledcopper.org

For further information please contact:

info@fabledcopper.org

The technical information contained in this news release has been approved by Peter J. Hawley, P.Geo. President and C.E.O. of Fabled, who is a Qualified Person as defined in National Instrument 43-101 - Standards of Disclosure for Mineral Projects.

The Canadian Securities Exchange does not accept responsibility for the adequacy or accuracy of this release.

Certain statements contained in this news release constitute "forward-looking information" as such term is used in applicable Canadian securities laws. Forward-looking information is based on plans, expectations and estimates of management at the date the information is provided and is subject to certain factors and assumptions, including, that the Company's financial condition and development plans do not change as a result of unforeseen events and that the Company obtains any required regulatory approvals.

Forward-looking information is subject to a variety of risks and uncertainties and other factors that could cause plans, estimates and actual results to vary materially from those projected in such forward-looking information. Some of the risks and other factors that could cause results to differ materially from those expressed in the forward-looking statements include, but are not limited to: impacts from the coronavirus or other epidemics, general economic conditions in Canada, the United States and globally; industry conditions, including fluctuations in commodity prices; governmental regulation of the mining industry, including environmental regulation; geological, technical and drilling problems; unanticipated operating events; competition for and/or inability to retain drilling rigs and other services; the availability of capital on acceptable terms; the need to obtain required approvals from regulatory authorities; stock market volatility; volatility in market prices for commodities; liabilities inherent in mining operations; changes in tax laws and incentive programs relating to the mining industry; as well as the other risks and uncertainties applicable to the Company as set forth in the Company's continuous disclosure filings filed under the Company's profile at www.sedar.com. The Company undertakes no obligation to update these forward-looking statements, other than as required by applicable law.

SOURCE:Fabled Copper Corp.



View source version on accesswire.com:
https://www.accesswire.com/730548/Fabled-Copper-Reports-on-the-New-Discovery-Target-11-Vein-Area

News Provided by ACCESSWIRE via QuoteMedia

FABL:CC
The Conversation (0)
Fabled Copper Receives Drill Permit and Outlines Proposed 2024 Drill Program on Davis Keays Eagle Vein

Fabled Copper Receives Drill Permit and Outlines Proposed 2024 Drill Program on Davis Keays Eagle Vein

Fabled Copper Corp. ("Fabled Copper" or the "Company") (CNSX:FABL)(FRA:XZ7) announces that it has received its Mines Act Permit which entitles the Company to drill from 15 drill stations over a period of 2 years on the Muskwa Copper Project

The Muskwa Project is comprised of the Neil Property, the Toro Property and the Bronson Property located in northern British Columbia. The Neil Property area was granted the drilling permit and in particular the Davis Keays Eagle Vein area is the Company's first priority interest. See Figure 1 below.

News Provided by ACCESSWIRE via QuoteMedia

Keep reading...Show less
FABLED COPPER Samples Three Road Side Lithium Bearing Pegmatite Outcrops on Volt 1 Property, Quebec

FABLED COPPER Samples Three Road Side Lithium Bearing Pegmatite Outcrops on Volt 1 Property, Quebec

Fabled Copper Corp. (" Fabled " or the " Company ") (CSE:FABL; FSE:XZ7) is pleased to announce the first Phase sampling program on the Volt 1 Property in Quebec

The VOLT 1 Property is comprised of 9 contiguous cells with a total size of 504 hectares. The VOLT 2 Property is comprised of 2 contiguous cells nearby with a total size of 112 hectares. Both properties are located due east of the village of Miquelon, Quebec and are surrounded by Mosaic Minerals Corp.'s (CSE: MOC) "Lithium SM Project."

News Provided by ACCESSWIRE via QuoteMedia

Keep reading...Show less
Fabled Copper Outlines 8 km by 2 km Pegmatite Boulder Field With Pegmatite Outcropping in Central Portion of OHM Property, Quebec

Fabled Copper Outlines 8 km by 2 km Pegmatite Boulder Field With Pegmatite Outcropping in Central Portion of OHM Property, Quebec

Fabled Copper Corp. ("Fabled" or the "Company") (CSE:FABL)(FSE:XZ7) is pleased to announce the results of the first phase sampling program on the OHM Property (the "Property

The OHM Property consists of 51 contiguous cells comprising of 2,856 hectares located approximately 70 kms south of Val D'Or. The OHM Property can be easily accessed from the main highway, route 117 and forestry roads 43 and 44 with numerous secondary cutting roads. It is estimated that 80% of the Property has been logged thus outcrop visibility is excellent.

News Provided by ACCESSWIRE via QuoteMedia

Keep reading...Show less
Fabled Copper Closes Debt Settlement and Terminates Proposed Acquisition of the TJ Property

Fabled Copper Closes Debt Settlement and Terminates Proposed Acquisition of the TJ Property

(TheNewswire)

Fabled Copper Corp.

Vancouver, British Columbia TheNewswire August 18, 2023 - Fabled Copper Corp. (" Fabled " or the " Company ") (CSE:FABL ) ; ( FSE:XZ7) announces that it closed, on August 10, 2023, its previously announced debt settlement pursuant to which the Company settled an aggregate amount of C$30,000 in outstanding debt (the " Debt Settlement ") in exchange for the issuance of 375,000 units at a price of C$0.08 per unit (each a " Unit ").

News Provided by TheNewsWire via QuoteMedia

Keep reading...Show less
Fabled Copper Agrees Debt Settlement

Fabled Copper Agrees Debt Settlement

Fabled Copper Corp. ("Fabled" or the "Company") (CSE:FABL)(FSE:XZ7) announces that it proposes to enter into a debt settlement agreement with a consultant, pursuant to which the Company will agree to settle an aggregate amount of C$30,000 in outstanding debt (the "Debt Settlement") in exchange for the issuance of 375,000 units at a price of C$0.08 per unit (each a "Unit

Each Unit will consist of one common share (each a "Common Share") and one common share purchase warrant (each a "Warrant"). Each Warrant entitles the holder thereof to acquire one Common Share at the price of $0.12 per share for a period of 24 months from closing.

News Provided by ACCESSWIRE via QuoteMedia

Keep reading...Show less
Osisko Metals Corporate Update

Osisko Metals Corporate Update

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

Osisko Metals Incorporated (the " Company " or " Osisko Metals ") ( TSX-V: OM ; OTCQX: OMZNF ; FRANKFURT: OB51 ) announces, further to its news release dated November 18, 2024 (entitled " Osisko Metals Expands Leadership Team and Announces C$100 Million Bought Deal Financing " ), the following changes to Osisko Metals' leadership team:

News Provided by GlobeNewswire via QuoteMedia

Keep reading...Show less
Bold Ventures Identifies New Gold Zone at Its Burchell Gold and Copper Property

Bold Ventures Identifies New Gold Zone at Its Burchell Gold and Copper Property

Bold Ventures Inc. (TSXV: BOL) (the "Company" or "Bold") is pleased to announce that it has received assays up to 56.9 gt gold (Au) from a newly identified zone at its Burchell Property ("the Property"), sampled during a prospecting and field reconnaissance program in November of this year. The high-grade sample was collected approximately 15 meters southwest of 2023 samples which returned between 0.04 and 0.51 gt Au. The zone has now been named the 111 (one-eleven) Zone. A geological sketch map of the outcrop exposure was made and three grab samples were collected along or near the zone during the 2024 program (see Table 1 below for coordinates, descriptions, and results). Assay results ranged from

News Provided by Newsfile via QuoteMedia

Keep reading...Show less
Vertex Minerals Limited  Power-up Gravity Gold Plant at Reward

Vertex Minerals Limited Power-up Gravity Gold Plant at Reward

Perth, Australia (ABN Newswire) - Vertex Minerals Limited (ASX:VTX) (OTCMKTS:VTXXF) is pleased to announce an update on the Reward Gold mine start up, with powering the plant up now completed and mechanical commissioning underway.

The processing facility rebuild, refurbishment and installation has progressed safely, efficiently and to plan, with the focus now turning to dry and wet commissioning of the respective operating circuits.

HIGHLIGHTS

- Vertex power up the newly installed Gravity Gold plant at the Reward Gold Mine.

- The Power generation units have now been installed and plugged into the Gravity plant.

- The plant components are now all installed and connected electrically.

- Completion of the dry stack tailing storage facility and tailings pipework installation.

- The plant can now be started up and mechanically tested and operated.

- Wet commissioning and ore feed commissioning will follow.

- Ore Sorter installation will be a retrofitted in early January

- Commissioning will be with stockpiled gold ore located alongside the gold plant

Vertex's Executive Chairman, Roger Jackson, said: "On time and within budget, the refurbishment and installation activities at the Reward gravity gold processing plant are almost complete with power up testing now underway. Our focus is now switching to dry and wet commissioning in the lead up to first gold next month. This is an exciting milestone for the company given the quality of the plant and the low capex required to get to this stage".

The Reward gold mine is well placed for a simple start -up:

- The new processing plant has been installed adjacent to the underground mine portal (640 Level) and over the existing footprint of the existing plant

- The 640 Level extends into the resource and no stripping required.

- Second egress in place with existing ladder way from 640 Level to surface.

- Some underground fleet and utility services are already owned by Vertex. With new fleet arriving.

*To view photographs, please visit:
https://abnnewswire.net/lnk/B92995G8



About Vertex Minerals Limited:  

Vertex Minerals Limited (ASX:VTX) is an Australian based gold exploration company developing its advanced Hargraves and Hill End gold projects located in the highly prospective Eastern Lachlan Fold Belt of Central West NSW. Other Company assets include the Pride of Elvire gold project and Taylors Rock gold/nickel/lithium project both located in the Eastern Goldfields of WA. The focus of Vertex Minerals is to advance the commercial production of gold from its NSW projects embracing an ethical and environmentally sustainable approach.



Source:
Vertex Minerals Limited

News Provided by ABN Newswire via QuoteMedia

Keep reading...Show less
Osisko Metals Announces Closing of C$107.4 Million "Bought Deal" Private Placement

Osisko Metals Announces Closing of C$107.4 Million "Bought Deal" Private Placement

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

Osisko Metals Incorporated (the " Company " or " Osisko Metals ") (TSX-V: OM; OTCQX: OMZNF; FRANKFURT: OB51) is pleased to announce that it has closed its previously-announced "bought deal" brokered private placement offering (the " Offering ") for aggregate gross proceeds of C$107.4 million, including the partial exercise the option granted to the Underwriters (as defined herein). In connection with the Offering, the Company issued an aggregate of (i) 70,326,229 flow-through units of the Company (" FT Units ") consisting of 64,215,117 FT Units at an issue price of C$0.50 per FT Unit and 6,111,112 FT Units at an issue price of C$0.54 per FT Unit, for aggregate gross proceeds of C$35,407,558.98 and (ii) 277,051,466 units of the Company (" HD Units ") at a price of C$0.26 per HD Unit, for aggregate gross proceeds of C$72,033,381.16.

News Provided by GlobeNewswire via QuoteMedia

Keep reading...Show less

Latest Press Releases

Related News

×