Faraday Copper drills near-surface copper mineralization at American Eagle

VANCOUVER, BC / ACCESS Newswire / June 24, 2026 / Faraday Copper Corp. (" Faraday " or the " Company ") (TSX:FDY)(OTCQX:CPPKF) is pleased to announce the results of 18 drill holes from its Phase IV drill program at the Copper Creek Project, located in Arizona ("Copper Creek"). Five holes were drilled in the American Eagle area and targeted near-surface copper mineralization. Six holes were drilled near Mammoth and Childs Aldwinkle and had infill, geotechnical and hydrogeological objectives.

Seven reconnaissance exploration holes were drilled, with two in the Sunrise trend, three at Marsha's Pocket, one west of Old Reliable and one east of Copper Giant. Paul Harbidge, President and CEO, commented, "I am pleased with the drill results to date, particularly in the American Eagle area, which continue to increase our confidence in the potential contribution from this area in the next mineral resource update. The identification of oxide copper mineralization east of Copper Giant highlights the opportunity to add further oxide resources and bolster the potential for early cathode production.

Additionally, drilling at the Sunrise trend has demonstrated the presence of breccia and porphyry style veins outside of the current resource area and we look forward to further testing these targets." The primary objective of the current drill program was open pit resource definition, which has now been completed. With the proposed acquisition of the San Manuel Property , drilling has been paused as of June 20, 2026. The Company expects to resume drilling in the fall of 2026 once the proposed acquisition of San Manuel has closed.

Highlights Intersected near-surface mineralization in four shallow-angled drill holes in the American Eagle area, including: 35.35 metres ("m") at 0.58% copper from 85.40 m, within 71.00 m at 0.41% copper from 80.00 m in hole FCD-26-171; and 67.00 m at