Faraday Copper Corp (TSE:FDY) has released an update.
Faraday Copper Corp. has announced a year of strong operational advancements and financial maneuvers, including positive metallurgical results and significant copper finds at its Copper Creek Project, a robust financial position bolstered by a successful bought deal financing, and the acquisition of a strategic land package. The company has also completed a Preliminary Economic Assessment, indicating a post-tax net present value of $713 million, and is continuing with assaying and drilling programs to further assess the project’s potential.
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