Fabled Surface Chip Sampling on Bronson Property Continues to Report Copper Values as High as 5.22% Copper

Fabled Surface Chip Sampling on Bronson Property Continues to Report Copper Values as High as 5.22% Copper

Fabled Copper Corp. ("Fabled Copper" or the "Company") (CSE:FABL)(FSE:XZ7) announces additional results of 2021 surface field work on its Muskwa Copper Project. See Figure 1 below

Figure 1 - General Property Location

Fabled Copper Corp., Wednesday, July 27, 2022, Press release picture

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

Figure 2 - Location Map

Fabled Copper Corp., Wednesday, July 27, 2022, Press release picture

Peter Hawley, President, CEO reports, "The Bronson property comprises 4 mineral tenures covering approximately 2,524.6 hectares and to date we have reported on the Book 6 UAV drone mission and related surface sampling and geophysical survey, plus property wide structural survey and ASTER compilation. In addition, we have reported on the Book 9 and 10 which may be the southern extent of the Book 6, the sampling on the 428 central and now the results of the 428 South copper occurrence, which may be the southern extension of the 428 Central. See Figure 3 below."

Figure 3 - Bronson Property, 428 South Location

Fabled Copper Corp., Wednesday, July 27, 2022, Press release picture

428 South Copper Occurrence

A total of fourteen rock samples were collected on August 25, 2021 at the 428 Occurrence and the slopes hosting the veining and an east trending valley to the south were prospected.

An exposure of quartz-carbonate veining was discovered in a ravine trending southward into the valley, 1.65 kilometers along strike south from the southernmost exposure of the 428 Central Occurrence, (see previous release dated July 20, 2022).

The vein strikes 024 degrees and dips 85 degrees west, is exposed along ~20 meters and contains trace to 1% chalcopyrite. Two chip samples were collected at elevations between 1,549 and 1,726 meters, with sample D-723476 assaying 0.77% copper across 0.30 meters, see Photo 1 and Table 1 below.

Photo 1 - Bronson Property, 428 South Chip Sample 0.77% Cu / 0.30 meters

Fabled Copper Corp., Wednesday, July 27, 2022, Press release picture

Chip sample D-723478 contained a higher copper content of 1.04% across 0.50 meters, see Photo 2 and Table 1 below.

Photo 2 - Bronson Property, 428 South Chip Sample 1.04% copper / 0.50 meters

Fabled Copper Corp., Wednesday, July 27, 2022, Press release picture

The 2 grab samples (D-723486 & 489) taken of the vein had 0 to trace amounts of chalcopyrite and low copper assays of 0.001 & 0.01%, respectively. At lower elevations of 1,623 & 1,650 meters, in a parallel trending ravine, 200 meters to the east, 2 quartz-carbonate float samples (D-723487 & 488) were collected. Chalcopyrite content was 1% and the samples contained 1.58 and 0.81% copper, See Table 1 below.

Approximately, 350 meters south of the exposure sampled on the slope, 8 float samples (D-723474, 479 and 480-485) were collected in the east trending valley, at elevations of 1,539 to 1549 meters.

Mineralization of up to 40% sulphides was observed in these samples. Three samples (D-723481, 484 and 485)contained over 1% Cu, with samples D-723481, 484 and 485 assayed 5.22, 2.51 and 1.58%, respectively. The remaining 5 samples had a copper content between 0.51 and 0.93%, see Table 1 below.

Table 1 - Bronson Property 428 South Copper Occurrence Samples

Sample Number

Elevation (meters)

Sample Type

Width

(meters)

Copper %

D - 723474

1,549

Float

0.93

D - 723476

1,549

Chip

0.30

0.77

D - 723478

1,726

Chip

0.50

1.04

D - 723479

1,711

Float

0.28

D - 723480

1,514

Float

0.79

D - 723481

1,537

Float

5.22

D - 723482

1,540

Float

0.51

D - 723483

1,528

Float

0.55

D - 723484

1,536

Float

2.51

D - 723485

1,539

Float

1.40

D - 723486

1,711

Grab

0.001

D - 723487

1,623

Float

1.58

D - 723488

1,650

Float

0.81

D - 723489

1,711

Grab

0.01

All samples taken were photographic and a GPS location taken, plus a metal sample tag left in place for future reference if required. All this data plus the assay results were geotagged and placed in a .kml /.kmz file for use such as google earth for easy reference. See Photo 3 below.

Photo 3 - Bronson Property, 428 Central Geotagged data

Fabled Copper Corp., Wednesday, July 27, 2022, Press release picture

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 comprises a total of 76 claims in two non-contiguous blocks and totals approximately 8,064.9 hectares, 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.



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HIGHLIGHTS

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o Works well with Job sharing

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o The LM90 rig will be accounted for as an asset on the Vertex balance sheet

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LONGYEAR LM90 UNDERGROUND DRILL RIG - KEY FEATURES

The LM90 has several attributes which will provide flexibility for on-site drilling operations, where Vertex will be able to maintain drill sites with the Company's own underground mining crew. The deployment of the LM90 also means Vertex does not have to pay stand-down time or mobilisation fees, and its drillers can be assigned to other jobs.

1. REVERSIBLE FEED CYLINDER

The feed cylinder is reversible which increases up-hole drilling capacity.

2. SEMI-AUTOMATED ROD HANDLING

Semi-automated rod handler (optional) makes handling of rods safer and easier.

3. HIGH TORQUE BREAKOUT

Automated high torque breakout device breaks most rod joints automatically.

4. FAIL SAFE ROD CLAMP

Hydraulic open and spring close rod clamp resultsin failsafe operation.

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Load sensing hydraulics maximize efficiency and reduce heat.

6. PROPORTIONAL CONTROLS

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7. DIRECT COUPLED FEED FRAME

Direct coupled feed frame resultsin lower maintenance and smoother feed transmission

Combined Mineral Resource Estimate (MRE) for the Reward gold deposit at Hill End stands at 419,000 tonnes at 16.72g/t Au for 225,200oz Au (VTX Announcement 21 June 2023)

*To view tables and figures, please visit:
https://abnnewswire.net/lnk/8DG26OB8



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

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

"I am pleased with the progress made during my tenure as Interim Chairman," said Bill Williams . "With Ray's extensive background in project development, construction, and executive management, I am confident he is the right person to lead the Board moving forward".

"I am excited to step into the role of Chairman and to lead the Board during this pivotal time for Western," said Raymond Threlkeld . "I look forward to collaborating with my fellow directors and management to unlock the full potential of the Casino Project".

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,

"Sandeep Singh"

Sandeep Singh
Chief Executive Officer
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"). Certain forward-looking information should also be considered future-oriented financial information ("FOFI") as that term is defined in NI 51-102. The purpose of disclosing FOFI is to provide a general overview of management's expectations regarding the anticipated results of operations and capital expenditures and readers are cautioned that FOFI may not be appropriate for other purposes. 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. These forward-looking statements may include, but are not limited to, statements regarding: mineral resource and reserve estimation; mine plan and operations; internal rate of return; sensitivities; net present value; potential recoveries; design parameters; economic potential; processing mineralized material; the potential of robust economics at Casino ; advancing the Project through additional engineering and towards the next step in permitting and submission of an environmental and socio-economic effects statement; key changes to the TMF design; increases to the gold recovery in the heap leach; potential economic returns from the Project; estimated initial capital investment costs; estimated operating costs; estimated mining costs; development of the airstrip and all weather access road; anticipated concentrate handling service charges; developing and operating the Project in a safe, ethical and socially-responsible manner; plans for further development and securing the required permits and licenses for further studies to consider operation; market price of precious and base metals; or other statements that are not statement of fact. The material factors or assumptions used to develop forward-looking statements include prevailing and projected market prices and foreign exchange rates, exploration estimates and results, continued availability of capital and financing, construction and operations, the Company not experiencing unforeseen delays, unexpected geological or other effects, equipment failures, permitting delays, and general economic, market or business conditions and as more specifically disclosed throughout this document, and in the AIF and Form 40-F.

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.

Cision View original content to download multimedia: https://www.prnewswire.com/news-releases/western-copper-and-gold-appoints-raymond-threlkeld-as-chairman-302260782.html

SOURCE western copper and gold corporation

Cision View original content to download multimedia: http://www.newswire.ca/en/releases/archive/September2024/27/c3353.html

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(TheNewswire)

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