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  • Faraday Copper: Drill results, open pit potential and production goals
23 January 2025
WRITTEN BY Shae Russell

Faraday Copper: Drill results, open pit potential and production goals

In this exclusive interview, Mining.com.au’s Shae Russell sits down with Paul Harbidge, President and CEO of Faraday Copper (TSX:FDY), to discuss the latest updates on the Copper Creek Project. With good results from the Prado and Banjo discoveries, Harbidge shares insights into how these findings are shaping the future of the project.

1️⃣ Higher grade zones revealed: Prado delivered 118m @ 0.3% copper, and Boomerang returned 110m @ 0.4% copper, with higher-grade zones identified in both areas.
2️⃣ Open pit potential: The results confirm near-surface mineralisation, supporting Faraday Copper’s goal to add 50 million tonnes of open-pittable material to its resource base.
3️⃣ Production expansion plans: Faraday aims to increase throughput from 30,000 to 45,000 tonnes per day, boosting copper production from 50,000 to 75,000 tonnes annually over 30+ years.

Harbidge also discusses the potential impact of a pro-mining US administration on permitting and project development. Don’t miss this deep dive into Copper Creek’s future.

📺 Watch the full interview to learn more.

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Written By Shae Russell
Shae has been an equities analyst with a focus on investment writing for 15 years; the last eight of which has centred on the domestic and international mining sector. She’s now bringing this expertise to enhance and strengthen Mining.com.au‘s role as Australia’s leading source of mining news.

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