Base Metals

Fabled Copper Reports Values As High as 19.85% copper and 21.90% Copper on Eagle Creek Copper Occurrence

Fabled Copper Reports Values As High as 19.85% copper and 21.90% Copper on Eagle Creek Copper Occurrence

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

Figure 1 - General Property Location

Fabled Copper Corp., Tuesday, February 7, 2023, 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., Tuesday, February 7, 2023, Press release picture

The Eagle Creek copper occurrence is located on the Neil Property roughly 1.5 km east of the 6400 Eagle Vein adit where the 2022 underground LIDAR survey was completed. The Eagle creek flows northward into the Yedhe Creek and it is located in the same valley that contains the eastern end of the 6400 adit & Eagle Vein exposure that are located on the west cliff face of the valley. During the summer of 2022 the Eagle Creek, south part of Eagle creek, north part of Eagle Creek, West part of Eagle week and the backside of the Eagle vein were visited on sperate occasions. The release pertains to the Eagle Creek Copper occurrence site visit, see Figure 3 and Photo 1 below

Figure 3 - Eagle Creek Copper Occurrence Location

Fabled Copper Corp., Tuesday, February 7, 2023, Press release picture

Photo 1 - Eagle Vein Exposure from Eagle Creek

Fabled Copper Corp., Tuesday, February 7, 2023, Press release picture

Peter Hawley, President, CEO reports; "The Eagle Creek copper occurrence was visited by a 2-person field team consisting of a geologist and geo technician on two occasions during the summer field season. A total of 10 samples were collected, 1 grab and 9 float samples. Of the 10 samples collected, 8 or 80% assayed greater than 0.5% copper. See Table 1 and Photo 2 below.

Photo 2 - Eagle Creek Team

Fabled Copper Corp., Tuesday, February 7, 2023, Press release picture

On the first survey, the area was sampled over a vertical altitude of 118 meters and 5 float samples were collected, four of which assayed greater that 0.50% copper.

Float sample D-723551 taken at the 1,553-meter elevation consisted of dark brown to rusty brown quartz on a weathered surface with minor green malachite. On a fresh surface the rock is mottled gray - white and brassey yellow consisting of 60% quartz, 39% chalcopyrite and 1% bornite. This sample returned an impressive 19.85% copper. See Table 1 and Photo 3, below.

Photo 3 - Location of Sample D-723551 - 19.85% copper.

Fabled Copper Corp., Tuesday, February 7, 2023, Press release picture

A further 2 meters vertically float sample D-723552 of the same vein float material returned 0.57% copper. Continuing vertically another 106 meters float sample D-723553 of iron-stained quartz carbonate with trace malachite and weathered orange brown with 1% chalcopyrite as disseminations and blebs was sampled and reported 6.08% copper. See Table 1 below

Downhill at 1,594 meters another sample of the vein material consisting of the same iron quartz veining was sampled and returned 3.27% copper and the final sample of the days traverse reported 0.35% copper. See Table 1 below.

Table 1- Eagle Creek Sample Results

Sample No.

Elevation

(m)

Copper

%

Sample Type

D-723551

1,553

19.85

Float

D-723552

1,555

0.57

Float

D-723553

1,661

6.08

Float

D-723554

1,594

3.27

Float

D-723556

1,671

0.35

Float

D-723596

1,620

0.05

Grab

D-723598

1,678

0.77

Float

D-723599

6781,

21.90

Float

D-723600

1,476

0.87

Float

D-723602

1,476

1.27

Float

  • 1% copper = 22.2 pounds

On the second day of traverses, a total of 5 additional samples were collected, 1 grab and 4 floats over a vertical altitude of 202 meters. Of the 5 samples, 4 assayed greater that 0.50% copper.

Grab sample D-723596 taken at the 1,620-meter altitude contained minor sulphides and returned 0.05% copper. See Table 1 above, Photo 4 below.

Photo 4 - Location of Sample D-723596

Fabled Copper Corp., Tuesday, February 7, 2023, Press release picture

Float sample D-723598 taken at 1,678 meters returned 0.77% copper whereas sample D-723599 taken at the same elevation and consisting of iron quartz carbonate weathered green - black with fault movement slickensides on the surface. On a fresh broken surface, the rock was brassey yellow with moderate malachite with 70% massive chalcopyrite and 1% bornite returned an impressive 21.90% copper.

Sample D-723600 taken 200 meters below of similar iron quartz carbonate returned 0.87% copper. The final sample of the traverse 2 meters below of similar float material assayed 1.27% copper.

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.

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/738313/Fabled-Copper-Reports-Values-As-High-as-1985-copper-and-2190-Copper-on-Eagle-Creek-Copper-Occurrence

News Provided by ACCESSWIRE via QuoteMedia

FABL:CC
The Conversation (0)
Fabled Copper Corp

Fabled Copper


Keep reading...Show less
Fabled Copper Announces Correction to News Release Dated March 22, 2023

Fabled Copper Announces Correction to News Release Dated March 22, 2023

Fabled Copper Corp. ("Fabled" or the "Company") (CSE:FABL)(FSE:XZ7) advises that the location of the VOLT 1 Property and VOLT 2 Property, referred to in its news release dated March 22, 2023 (the "News Release") was incorrect

The VOLT 1 Property and VOLT 2 Property are not located in the James Bay Lithium District and are not less than 4 kilometers to the west of Patriot Battery Metals (PMET.V) Corvette lithium project.

News Provided by ACCESSWIRE via QuoteMedia

Keep reading...Show less
Fabled Copper Enters into Agreements to Acquire Three Blocks of Lithium Claims in Quebec

Fabled Copper Enters into Agreements to Acquire Three Blocks of Lithium Claims in Quebec

Fabled Copper Corp. ("Fabled" or the "Company") (CSE:FABL)(FSE:XZ7) is pleased to announce that it has entered into two separate letters of intent, and one purchase agreement, all dated March 21, 2023 (the "Agreements") to acquire three separate lithium claim blocks located in Quebec

OHM Property

News Provided by ACCESSWIRE via QuoteMedia

Keep reading...Show less
Fabled Copper Reports Values as High as 15.55% Copper on East Extension of the Eagle Creek Copper Occurrence

Fabled Copper Reports Values as High as 15.55% Copper on East Extension of the Eagle Creek Copper Occurrence

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

Figure 1 - General Property Location

News Provided by ACCESSWIRE via QuoteMedia

Keep reading...Show less
Fabled Copper Reports 0.90% Copper over 22.90 meters and 2.09% copper over 6.10 meters On the Ringarooma Copper Occurrence

Fabled Copper Reports 0.90% Copper over 22.90 meters and 2.09% copper over 6.10 meters On the Ringarooma Copper Occurrence

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

Figure 1 - General Property Location

News Provided by ACCESSWIRE via QuoteMedia

Keep reading...Show less
Fabled Copper Enters into Letter of Intent to Acquire TJ Property and Proposes Potential Share Consolidation

Fabled Copper Enters into Letter of Intent to Acquire TJ Property and Proposes Potential Share Consolidation

Fabled Copper Corp. ("Fabled Copper" or the "Company") (CSE:FABL)(FSE:XZ7) is pleased to announce that it has entered into letter of intent dated December 16, 2022 (the "LOI") to acquire the "TJ Property" (the "Property") located in the Skeena mining division of British Columbia, from an arm's length vendor, ARR Mineral Exploration Inc. (the "Vendor

TJ Property

News Provided by ACCESSWIRE via QuoteMedia

Keep reading...Show less
Heritage Mining Announces Early Issuance of Exploration Permit for Flagship Project Drayton Black Lake

Heritage Mining Announces Early Issuance of Exploration Permit for Flagship Project Drayton Black Lake

(TheNewswire)

Heritage Mining Ltd.

VANCOUVER, BC TheNewswire - March 24, 2023 Heritage Mining Ltd. (CSE:HML ) ( FRA:Y66) (" Heritage " or the " Company ") is pleased to announce that the Ontario Ministry of Mines has issued the exploration permit required in connection with its 2023 drilling and additional exploration program on its flagship Drayton-Black Lake Project ("DBL") ahead of schedule. The program's primary focus will be to drill three priority targets at DBL.

News Provided by TheNewsWire via QuoteMedia

Keep reading...Show less
WESTERN COPPER AND GOLD FILES FORM 40-F AND ANNUAL FILINGS

WESTERN COPPER AND GOLD FILES FORM 40-F AND ANNUAL FILINGS

Western Copper and Gold Corporation ("Western" or the "Company") (TSX: WRN) (NYSE American: WRN) has filed its Annual Report on Form 40-F for the year ended December 31, 2022 with the U.S. Securities and Exchange Commission (the "SEC").

Western Copper And Gold logo (CNW Group/Western Copper and Gold Corporation)

The Company filed Form 40-F for the year ended December 31, 2022 with the SEC on March 23, 2023 . The Form 40-F includes Western's Annual Information Form ("AIF"), audited consolidated financial statements and management's discussion and analysis ("MD&A"). The Form 40-F is available for viewing and retrieval through EDGAR at www.sec.gov/edgar.shtml .

The Company has also filed its AIF, audited consolidated financial statements, and MD&A for the year ended December 31, 2022 with the appropriate Canadian regulatory bodies. These filings are available for viewing on SEDAR at www.sedar.com .

The filings described above are also available on the Company's website: westerncopperandgold.com/investors/forms . Western will also provide a copy of the filings to any shareholder, without charge, upon request. Requests may be made by email, telephone, or regular mail.

ABOUT Western Copper and Gold Corporation

Western Copper and Gold Corporation is developing the Casino Project, Canada's premier copper-gold mine in the Yukon Territory and one of the most economic greenfield copper-gold mining projects in the world.

The Company is committed to working collaboratively with our First Nations and local communities to progress the Casino project, using internationally recognized responsible mining technologies and practices.

For more information, visit www.westerncopperandgold.com .

On behalf of the board,

"Paul West-Sells"

Dr. Paul West-Sells
President and CEO
Western Copper and Gold Corporation

Cautionary Disclaimer Regarding Forward-Looking Statements and Information

This news release contains certain forward-looking statements concerning anticipated developments in Western's operations in future periods. Statements that are not historical fact are "forward-looking statements" as that term is defined in the United States Private Securities Litigation Reform Act of 1995 and "forward-looking information" as that term is defined in National Instrument 51-102 ("NI 51-102") of the Canadian Securities Administrators (collectively, "forward-looking statements"). Forward-looking statements are frequently, but not always, identified by words such as "expects", "anticipates", "believes", "intends", "estimates", "potential", "possible" and similar expressions, or statements that events, conditions or results "will", "may", "could" or "should" occur or be achieved. In making the forward-looking statements herein, the Company has applied certain material assumptions including, but not limited to, the assumption that general business conditions will not change in a materially adverse manner.

Forward-looking statements are statements about the future and are inherently uncertain, and actual results, performance or achievements of Western and its subsidiaries may differ materially from any future results, performance or achievements expressed or implied by the forward-looking statements due to a variety of risks, uncertainties and other factors. Such risks and other factors include, among others, risks involved in fluctuations in gold, copper and other commodity prices and currency exchange rates; uncertainties relating to interpretation of drill results and the geology, continuity and grade of mineral deposits; uncertainty of estimates of capital and operating costs, recovery rates, production estimates and estimated economic return; risks related to joint venture operations; risks related to cooperation of government agencies and First Nations in the development of the property and the issuance of required permits; risks related to the need to obtain additional financing to develop the property and uncertainty as to the availability and terms of future financing; the possibility of delay in construction projects and uncertainty of meeting anticipated program milestones; uncertainty as to timely availability of permits and other governmental approvals; and other risks and uncertainties disclosed in Western's AIF and Form 40-F, and other information released by Western and filed with the applicable regulatory agencies.

Western's forward-looking statements are based on the beliefs, expectations and opinions of management on the date the statements are made, and Western does not assume, and expressly disclaims, any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as otherwise required by applicable securities legislation. For the reasons set forth above, investors should not place undue reliance on forward-looking statements.

SOURCE Western Copper and Gold Corporation

Cision View original content to download multimedia: http://www.newswire.ca/en/releases/archive/March2023/23/c4875.html

News Provided by Canada Newswire via QuoteMedia

Keep reading...Show less
Green River Gold Corp. Announces Non-Brokered Private Placement Offering of Units Consisting of Flow-Through Shares and Warrants

Green River Gold Corp. Announces Non-Brokered Private Placement Offering of Units Consisting of Flow-Through Shares and Warrants

Green River Gold Corp. (CSX: CCR) (OTC Pink: CCRRF) (the "Company" or "Green River") is pleased to announce that it plans to undertake a non-brokered private placement of up to 3,600,000 units ("Units") to raise gross proceeds of up to $252,000.00 (the "Offering"). The Units will be offered at a price of $0.07, with each Unit consisting of one flow-through common share and one-half common share purchase warrant (each such whole warrant a "Warrant"). Each Warrant will be exercisable to acquire one common share (a "Warrant Share") for a period of 2 years following the closing of the Offering at an exercise price of $0.12 per Warrant Share, subject to the acceleration provisions set out below.

News Provided by Newsfile via QuoteMedia

Keep reading...Show less
FPX Nickel Announces Inclusion in New Sprott Asset Management Nickel Miners ETF

FPX Nickel Announces Inclusion in New Sprott Asset Management Nickel Miners ETF

FPX Nickel Corp. (TSXV: FPX) (OTCQB: FPOCF) (" FPX " or the " Company ") is pleased to announce that it has been included in the newly launched Sprott Asset Management LP Nickel Miners ETF (" NIKL "), a U.S.-listed ETF focused on nickel companies that are providing a critical mineral necessary for the clean energy transition.

FPX Nickel Corp. Logo (CNW Group/FPX Nickel Corp.)

"We are very pleased to have met the requirements for inclusion in the new Sprott Nickel Miners ETF, representing validation of our success in advancing our PFS-stage Baptiste Nickel Project in central British Columbia ," commented Martin Turenne , FPX's President and CEO. "Inclusion in this new nickel ETF has the potential to attract additional institutional investment into FPX and increase liquidity, as the ETF is expected to be an important benchmark for investors focused on nickel."

About the Decar Nickel District

The Company's Decar Nickel District represents a large-scale greenfield discovery of nickel mineralization in the form of a naturally occurring nickel-iron alloy called awaruite (Ni 3 Fe) hosted in an ultramafic/ophiolite complex. FPX's mineral claims cover an area of 245 km 2 west of the Middle River and north of Trembleur Lake, in central British Columbia . Awaruite mineralization has been identified in several target areas within the ophiolite complex including the Baptiste Deposit and the Van Target, as confirmed by drilling, petrographic examination, electron probe analyses and outcrop sampling.  Since 2010, approximately US $28 million has been spent on the exploration and development of Decar.

Of the four targets in the Decar Nickel District, the Baptiste Deposit has been the focus of increasing resource definition (a total of 99 holes and 33,700 m of drilling completed), as well as environmental and engineering studies to evaluate its potential as a bulk-tonnage open pit mining project. The Baptiste Deposit is located within the Baptiste Creek watershed, on the traditional and unceded territory of Tl'azt'en Nation and Binche Whut'en First Nation, and within several Tl'azt'enne and Binche Whut'enne keyohs. FPX has conducted mineral exploration activities to date subject to the conditions of our agreements with the Nations and keyoh holders.

About FPX Nickel Corp.

FPX Nickel Corp. is focused on the exploration and development of the Decar Nickel District, located in central British Columbia , and other occurrences of the same unique style of naturally occurring nickel-iron alloy mineralization known as awaruite. For more information, please view the Company's website at www.fpxnickel.com or contact Martin Turenne , President and CEO, at (604) 681-8600 or ceo@fpxnickel.com .

On behalf of FPX Nickel Corp.

"Martin Turenne"
Martin Turenne , President, CEO and Director

Forward-Looking Statements

Certain of the statements made and information contained herein is considered "forward-looking information" within the meaning of applicable Canadian securities laws. These statements address future events and conditions and so involve inherent risks and uncertainties, as disclosed in the Company's periodic filings with Canadian securities regulators. Actual results could differ from those currently projected. The Company does not assume the obligation to update any forward-looking statement.

Neither the TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.

SOURCE FPX Nickel Corp.

Cision View original content to download multimedia: http://www.newswire.ca/en/releases/archive/March2023/23/c5433.html

News Provided by Canada Newswire via QuoteMedia

Keep reading...Show less
Aranjin Resources Provides Shareholder Update

Aranjin Resources Provides Shareholder Update

Aranjin Resources Ltd. (TSXV: ARJN) ("Aranjin") provides a shareholder update on its Mongolian projects.

The Company had a relatively quiet fourth quarter in 2022 as it considered plans for an active drilling campaign in 2023 and it has been speaking to existing shareholders and strategic investors concerning potential capital solutions for the upcoming year.

News Provided by Newsfile via QuoteMedia

Keep reading...Show less
Power Nickel To Close Previously Announced C$5 Million Private Placement

Power Nickel To Close Previously Announced C$5 Million Private Placement

Power Nickel Inc. (the "Company" or "Power Nickel") (TSXV:PNPN)(OTCQB:PNPNF)(Frankfurt:IVVI) is pleased to announce it has received commitments to over subscribe the previously announced private placement (the "Offering") of up to 10,000,000 flow-through units (each, an "FT Unit") of the Company, at a price of $0.50 per FT Unit, for aggregate gross proceeds of up to CAD $5,000,000

"Despite Challenging market conditions our Offering was extremely well received and we are pleased to advise that we will over subscribe the financing. Nisk has been such a great project to work on and our advances at Nisk are recognized by the investment community. We would like to thank both old and new shareholders for their support." Commented Power Nickel CEO Terry Lynch.

News Provided by ACCESSWIRE via QuoteMedia

Keep reading...Show less

Latest Press Releases

Related News

×