Fabled Copper Samples 20.10 meters grading 0.34% Copper, and values as high as 13.05% Copper on Neil Vein / Breccia | INN

2022-05-14 06:19:20 By : Mr. Suncheng Sang

Fabled Copper Corp. (CSE:FABL)(FSE:XZ7) ("Fabled Copper" or the "Company") announces the results of 2021 surface field work on it's Muskwa Copper Project comprised of the Neil Property and the Toro Property in British Columbia. The Company also holds rights to the Bronson Property. See Figure 1 below.

Peter Hawley, President, CEO reports; A total of 19 specific areas were mapped and prospected during the 2021 field season and we have previously reporting our findings on the Lady Luck occurrence in the south end of the Neil Property, followed by the Mac; the 8A, Harris, the 2a and 2b, the Creek, Keays south, Belcher Creek, the Magnum Mine UAV Done Mission, the Magnum, the Neil Area UAV Drone Mission and now the Neil vein / breccia copper occurrence, see Figure 2 below.

Figure 2- Neil Property, Neil Copper Occurrence Location

The Neil copper occurrence hosts two styles of high-grade copper mineralization which is found in the Neil vein and the adjoining mineralized quartz sulfide breccias over 1,000 meters vertically and 1,500 meters along strike. Widths vary from a few meters to 30 meters in width. See Photo 1 below.

Coincident with the shear zone is a large diabase dike, forming a resistant spur. It dips steeply and is between 2 - 12 meters thick. Its contacts are sheared and altered, as is the adjacent slaty mudstone wall rock. The dyke and the shear zone are important as they host a discontinuous series of mineralized quartz-carbonate veins, occurring at or close to the dike's contacts in the shear zone.

Photo 1 - Surface Expression of Neil Vein, Neil Property

At the top of the Neil vein / breccia occurrence, two old bulldozed trenches at 2,350 meters elevation were found and a total of 48 chip, rubble, grab samples were collected at various locations across the quartz-carbonate veining & across the sediments to the northwest over 307 meters vertically. The veining is slightly mineralized with nil - 3% chalcopyrite and the received assayed copper content was generally low and less than 1%. See Table 1 below.

Photo 2 - Collected Chip Samples of Neil Vein / Breccia, 2,350 meters elevation

In the north, a 20.10 meter of contiguous chip sampling on a section, (samples D-723268 - 285) of sediments and veining, averaged 0.34% copper, See Table 1 and Photo 3 below.

Photo 3 - Neil Vein, 20.10 meters grading 0.34% copper

To the south, a 6.80 meter of contiguous chip sampling on a section across the veining averaged 0.87% Cu, containing a higher grade section (samples D-723284 & 285) grading of 1.26% copper across 2.6 meters, See Table 1 and Photo 4 below.

Photo 4 - Neil Vein, 6.80 meters grading 0.87% copper, including 1.26% copper / 2.60 meters

An additional three - six meters to the south, 2 sections of the veining assayed 0.70% Copper across 1.5 meters (sample D-723286) and 0.39% across 4.6 meters (samples D-723294 - 297), respectively, See Table 1 and Photo 5 below.

Photo 5 - Neil Vein - 0.70% copper / 1.50 meters

All other samples of veining collected further south, contained less than 1% copper. Rubble sample D-723358, with 5% pyrite, collected downslope at an elevation of 2,109 meters, assayed trace in copper, 0.01%. See Table 1 below.

Continuing downslope, southwest from the top of the occurrence, through an area containing old trenching eight chip, 1 grab and 2 rubble samples were collected at elevations of 2,248 - 2,043 meters.

Three sections of the quartz-carbonate veining, at elevations of 2,233 - 2,248 meters, were sampled. In the northern most section, the veining strikes 175 - 140 degrees and 2 chip samples (D-723367 & 368), containing nil - 5% chalcopyrite, were collected and the section reported an average of 0.76% Cu across 9.00 meters, with sample 367 assaying 1.68% copper across 0.40 meters, See Table 1 and Photo 6 below

Photo 6 - Neil Vein - 0.76% copper / 9.0 meters, including 1.68% copper / 0.40 meters

A grab sample (D-72366) of this vein, with 4% chalcopyrite, contained copper content of 1.13%. See Table 1 below.

An additional twenty-five meters to the south, veining is exposed striking 045 degrees, across a width of 1 meter with the footwall sheared sediments and veining averaging 0.25% Cu across 1.30 meters. See Table 1 below.

A further 25 meters to the southwest, brecciated veining is exposed across 0.8 meters and contains trace chalcopyrite and reported an assay of 0.33% copper across the 0.80 meters sampled (sample D-723363). The footwall shale is sheared with stockwork veining and the hanging wall sheared shale-siltstone. Chip sample D-723365 taken with no apparent sulphides contained the highest copper content reporting 0.47% over 0.50 meters. The entire section (D-723362, 363 and 365) across 2.90 meters averaged 0.18% copper, See Table 1 and Photo 7 below.

Photo 7 - Neil Vein - 0.18% copper / 2.90 meters, including 0.47% copper / 0.50 meters

Two rubble samples (D-723369 & 370) of mineralized quartz-carbonate were collected downslope at elevations of 2,109 and 2,043 m., respectively. Sample D-723369, with 1% chalcopyrite, assayed 0.84% copper and sample D-723370, containing massive sulphide patches, assayed an impressive 13.05% copper. See Table 1 below.

Table 1 - Neil Vein / Breccia Surface Assay Results

The data generated from the UAV drone mission over the general area was used for in-field targeting of visual copper occurrences on the color orthophoto due to the 3 cm resolution, See Photo 8 below.

Photo 8 - Neil Vein - Orthomosaic Photo of Drone Mission Survey Area

This lead to field examination of the mineralized unit, to sampling of the Neil vein / breccia vein where various samples were collect as a first pass evaluation, See Photo 9 below.

Photo 9 - Neil Vein - Detailed Drone View

Sample locations were taken with GPS along with GPS enabled field cameras of photos of the sampled units. These have been plotted in a 3-D GIS system and layered over the locations. See Figures 10, below. Press link here to view Neil Vein drone flight mission.

Figure 10 - 2021 Neil Sample Locations Plotted On 3-D Tilt Digital, Yellow Line Vein Trace

In addition, the photos, sample locations and all assay data pertaining to the assay taken, (36 elements) were tagged in a geo tag format for plotting in .kml / .kmz GIS systems such as Google Earth. See Photo 11 below.

Photo 11 - Neil Vein Area- .kml / .kmz Geo Tags

Using the results of the data gathered by the UAV drone in the 2021 field season the field crew will sample in further detail and complete mapping the extensive Neil vein / breccia.

An additional release on the sampling and results of the Neil vein / breccia deposit will be forthcoming in the following weeks.

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.

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.

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.

Click here to connect with Fabled Copper Corp. (CSE:FABL)(FSE:XZ7) to receive an Investor Presentation.

The demand for copper is expected to grow a whopping 600 percent by 2030, according to Goldman Sachs. However, the estimated 5.4 million tons in expected demand will not be met without new production. This anticipated supply gap has pushed copper prices to all-time highs including copper price estimates as high as C$5.25 per pound for the end of 2021, according to CIBC.

The exploding demand for copper stems from the fact that it is the most widely used metal in renewable energy and is considered a cornerstone for all electricity-related technologies, according to IEA. Its unique electrical conductivity places it above other metals such as aluminum, nickel and zinc. The recent all-time high prices of copper coupled with further price growth make copper investments a highly attractive opportunity for investors.

Fabled Copper (CSE:FABL) is well-funded, the recently announced 6 million dollar financing was oversubscribed and resulted in the financing closing at 6.9 million. Fabled Copper Corp is an early-stage exploration company focused on exploring, identifying and acquiring copper in highly prospective regions in Canada and through the use of its cutting-edge technology. The company is led by a strong management team with over 20 decades of combined experience and proven track records in mining, exploration and financing.

Fabled Copper is the result of increasing shareholder value from its parent company Fabled Siler Gold by becoming a public company to explore its copper assets.

The company is now under a new and highly experienced management team, including current management members of SSR Mining Inc. (TSE:SSRM) and GFG Resources Inc. (CVE:GFG) and a co-founding member from Niogold Resource Corporation (CVE:NOX) which is now known as Osisko Mining (TSE:OSK).

Fabled Copper owns multiple claim blocks in northern British Columbia, including Davis-Keays, Churchill Copper, Fort Reliance, David-Keays North (Okey), Bronson, Windermere and Toro-Churchill. All of the company’s claims are located near the town of Fort Nelson in a world-class and mining-friendly jurisdiction with significant historical copper production on the copper belt.

The company’s project includes impressive copper reserve estimates and grades with limited historical exploration. Copper reserves are estimated to be as high as 1,424,007 tonnes with grades as high as 10.2 percent across all of the company’s BC properties.

The company’s claims in British Columbia are located near several producing mines and deposits. Located near the decommissioned Bell Mine that was previously owned by Glencore PLC (LON:GLEN), the Bell mine has historically produced 667 million pounds of copper, 0.4 million ounces of gold and 2.2 million ounces of silver.

Fabled Copper has a strong foundation for growth with the use of its cutting-edge technology and modern exploration tools for expanding the known mineralization zones. The company believes there is significant blue sky potential based on positive diabase mapping results. The company is confident that the size of the historical resource will increase with systematic exploration. The company also has strong support from First Nations communities which is crucial to the development of any mining program.

Fabled Copper recently closed an oversubscribed financing round of C$6.9 million, despite a goal of only C$6 million. The company plans to use its strong cash position to fund operations on its projects, including helicopter support, field crews, sample assays, drone surveys, compilation work and working capital and general corporate purposes.

Fabled Copper has already completed extensive exploration work, including GIS compilation, satellite imagery interpretation and localized field observations on the Toro property. The company has also integrated historical mapping from 1970 with high-resolution satellite imagery on the Bronson property which led to a new diabase interpretation. Fabled Copper has also completed a sample catchment basin analysis, regional targeting and regional airborne geophysics to define the target mapping area.

Fabled Copper is in the process of conducting further field and exploration work on the British Columbia properties and drilling work on the Mexico property. The company has deployed a field crew of 10 people, including geologists and geophysicists in British Columbia who are sampling, mapping and conducting drone work on both pre-existing and potential new copper occurrences and deposits. A property scale airborne gravity survey is also being considered for targeting purposes.

The company plans to begin a drilling program on the BC properties in the summer of 2022 based on the sample results from the 2021 exploration program regarding drill collar locations. Moving forward, the company plans to release footage and assay results from exploration to drilling as they are obtained.

The Muskwa property is composed of three separate claim block which are Neil, Toro and Bronson.

The Neil vein has been traced over a strike length of 1185 metres and a vertical extent of at least 579 metres. The vein has only been examined part way down the mountain and appears to continue another 1000 metres to the valley floor. The vein follows a northeast trending shear which is approximately 1100 metres long, 30 metres wide and 1500 metres vertical.

The Toro-Churchill district property consists of the Toro, John, Ho and Churchill veins. The Toro vein contains copper grades of 2.95 percent. The Toro vein width was measured at 2.4 metres, a minimum length of 1,830 metres and a minimum vertical extent range of 500 to 1,000 metres. The Churchill vein contains copper grades of 1.5 percent and could be an extension of the Toro vein which is 3,000 metres north. The Churchill vein width was measured at 3.91 metres and a minimum length of 3,000 metres. There are also four unexplored veins in the Toro area.

From 1967 to 1969, previous owners conducted underground drilling and development which led to a proven and probable mineral reserve of over 1 million tonnes and copper grades of 3.92 percent including a 20 percent dilution factor. From 1970 to 1975, development led to the production of 14,673 tonnes of recovered copper. The copper was extracted from 498,132 tonnes of milled ore which established a copper grade of 2.95 percent. It was estimated that only 42 percent of the original reserve estimate was mined when the mine closed.

The property has copper grades of 8.8 percent, gold grades ranging from 0.34 to 0.68 percent and silver grades ranging from 3.4 to 6.8 percent based on rock sampling. However, a historical sample on the property found copper at 18.9 percent and cobalt at 0.295 percent with historical grab samples indicating copper as high as 42 percent.

The main vein on the Bronson district property is Bronson. The copper grades found on the property were 9.2 percent based on 18 samples from eight veins. The Bronson vein width was measured at 1.43 metres and a minimum length of 1,400 metres. There are also eight other unexplored veins.

The property was previously assessed in 1991 in which potential copper grades were estimated to be 2 to 3 percent of 13,600,000 tonnes of copper. The previous assessment included potential gold grades up to 5.83 gpt and potential silver grades up to 116.6 gpt.

The main veins on the David-Keays district property include Eagle and Harris. The Eagle vein includes historical reserves of 1,424,007 million tonnes of copper at 3.42 percent grades above the 6400 level. The Eagle vein width measured at 2 metres in width, a minimum length of 1200 metres and a minimum vertical extent of 427 metres. The Eagle vein is also characterized as quartz-carbonate with chalcopyrite mineralization. The Harris vein has copper grade ranges from 3.77 percent to 7.73 percent. The Harris vein width measured between 1.25 to 2.25 metres and a minimum length of 150 metres. There are also 18 unexplored veins on the David-Keays property.

The historical indicated reserve on the David-Keays property is 3.7 million tonnes at a 2.5 percent cut-off grade of copper. The estimated reserve on the property is 1.4 million tons with grades of 2.5 percent copper. Historical sampling on the property in 1992 found copper as high as 24.32 percent in the Eagle vein.

The main vein on the Churchill Copper district property is Magnum measured at 2.4 metres in width, a minimum length of 853 metres and a minimum vertical extent of 365 metres. Mined ore on the property is 498,000 tonnes with copper grades of 3 percent. Historical reserves of copper are 1,068,674 tonnes with grades of 3.92 percent.

The property was mined from 1970 to 1973.

The main vein on the Fort Reliance district property is the Reliance vein. Historical reserves include 214,000 tonnes at grades of 5.5 percent. The Reliance vein width was measured at 2 metres.

Drilling conducted in 1973 on eight holes on the property revealed 3.4 percent of copper over 1.5 metres.

The main vein on the David-Keays North (Okey) district property is Neil. The vein width was measured at 3 metres, a minimum length of 1,186 metres and a minimum vertical extent of 380 metres.

The breccia found on the property was observed in 1971 with copper grades of 4.8 percent. Historical work involving trenching over 40 metres revealed IOGC Breccia with copper grades of 8 percent. In 1990, it was estimated the potential economic grade was 1,235,000 tonnes.

Fabled Copper traced the Neil vein over a strike length of 1185 metres and a vertical extent of at least 579 metres. Assays from a deep trench that cross-cuts the Neil breccia showed a copper grade range from 3.4 to 10.2 percent. Exploration conducted by the company, including a high-level MAG survey on the property which found structural blocks and a deep-seated magnetic body with shallower linear bodies and dykes.

Peter Hawley is the co-founder of Fabled Copper which is now Fabled Silver Gold Corp. Hawley is also the founder of Scorpio Mining Corporation (renamed Americas Gold and Silver Corporation). Hawley is also the founder of Scorpio Gold which is a Nevada open pit gold producer. Hawley is also a co-founder of Niogold Resource (renamed Osisko Mining). He has over 35 years of mining industry experience that spans grassroots exploration through to development and production.

David Smalley is a corporate finance and securities lawyer who has practiced for 28 years. He has been a director and officer of public companies for over 19 years. Smalley was one of the founders of Canaco Resources.

Luc Pelchat is the founder and president of the Canadian Chamber of Commerce in North Mexico. Following 24 years with a Canadian multinational company operating in the construction industry, Pelchat formed a number of his own companies and has realized multiple projects in the construction industry in Mexico.

Louis Martin has been a major contributor to the co-discovery of several gold and base metal deposits during his more than 35-year-long career working for major, mid-tier and junior mining companies. His experience includes exploration and development roles throughout Quebec, Ontario and British Columbia. Martin has been fortunate to be part of the exploration teams that were awarded the Discovery of the Year by the AEMQ (Quebec Mineral Exploration Association) for the West Ansil Deposit (2005) and the Louvicourt Deposit (1989). He brings a wealth of technical experience that spans from generating and managing projects, to advanced project studies and mine development.

Pat Donovan is a retired geologist with over 30 years of experience in mineral exploration and project development. Donovan is a former director of the Prospectors and Development Association of Canada. He was the Vice President of Corporate Development with Detour Gold Corp.

From 1991 to 1996, he was responsible for all Québec exploration activities at Placer Dome Canada. From 1999 to 2006, Donovan managed advanced exploration projects, including Tulawaka and Buzwagi, in Tanzania with Barrick Gold Corporation. From 2006 to 2008, Donovan managed and delivered positive feasibility studies for both the Chinese and Canadian requirements at Hunter Dickinson Inc. He worked on the Xietongmen copper-gold project in Tibet, China for Continental Minerals Corporation. Donovan also previously worked for Consolidated Trillion Resources Ltd. during which he managed all exploration programs in Zimbabwe. He is also a graduate of St. Francis Xavier University with a major in Geology.

Brian R. Booth brings more than 30 years of experience in mineral exploration throughout Canada, Europe and Southeast Asia. Brian was previously CEO and board member of Pembrook Copper Corp., where he developed the copper resource at Pecoy in Peru. He also served as the CEO, president and director of Lake Shore Gold Corp., where he completed an acquisition of the Bell Creek mine and mill and led the team that discovered the Timmins West, Thunder Creek and Bell Creek deep deposits. Booth began his career as a geologist on the Casa Berardi gold discoveries in Quebec. He opened Inco's exploration office in Val d'Or, Quebec and is credited with the discovery of the Douay West gold deposit in 1990 and was subsequently appointed to the board of Societe D'Exploration Miniere Vior Inc. In 1994, as Inco's Manager Exploration in Eastern North America, he conducted the preliminary assessment of the Voisey's Bay Ni-Cu-Co discovery. Booth later managed Inco's exploration office in Jakarta and was involved, through a JV with Highlands Gold, in the discovery of the Beutong copper-porphyry in Sumatra. He holds a B.Sc. in Geology from McGill University and is also a member of the Professional Geoscientists of Ontario. Booth is also a director of SSR Mining Inc. and GFG Resources Inc.

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

Figure 1 - General Property Location

The Project is comprised of the Neil Property and the Toro Property in British Columbia. The Company also holds rights to the Bronson Property. See Figure 2 below.

Peter Hawley, President, CEO reports; "A total of 19 specific areas were mapped and prospected during the 2021 field season and we started the New Year by reporting our findings on the Lady Luck occurrence in the south end of the Neil Property, followed by the Mac; the 8A, Harris, the 2a and 2b, the Creek, Keays south, Belcher Creek, the Magnum Mine UAV Done Mission, the Magnum, the Neil UAV Drone Mission, the Neil, EM-1, Ram Creek, Davis Keays Eagle UAV Drone Mission, sampling and now the results of surface geophysics over Davis Keays Eagle Vein area." See Figure 3 below.

Figure 3- Neil Property, Davis Keays Eagle Location

Minor follow-up exploration activity took place during the 1950s and early 1960s, with activity

increasing significantly during the late 1960s and early 1970s. The work resulted in recognition of numerous copper occurrences within the Neil Property, the most significant of which are the Magnum Vein (Churchill Copper) and the Eagle Vein (Davis Keays). The Lady vein system at the Lady Luck Occurrence also received minor underground development work from 1969 - 1970. See Figure 4 below.

Figure 4- Neil Property, Davis Keays Eagle Mine

More details on the past history, 2021 UAV drone mission and sampling have been made public in the April 27th and May 4th release.

The 2021 exploration mandate was to prospect the area surrounding the Davis-Keays adits and the Eagle Vein. As previously reported the entrances to adits 6,950, 6,400 and 5,940 of the Davis-Keays past developed mine were located on the west side of the slope at elevations of 2,115 to 1,795 meters and at least 6 other parallel veins were located and sampled.

Detailed ground VLF-Electromagnetics ("EM") and Total Field Magnetics surveys were completed along the old switchback dozer trail, downslope from the Davis-Keays 6400 adit. Approximately 2 km. of surveying was completed .The geophysical crew then proceeded down the trail and was picked-up on Yedhe Creek, near an old campsite. See Figures 5, and 6 below

As you can see, closer detailed evaluation of the drone mission hill shade model clearly shows striations or linear features which are interpreted to represent vein structures and the survey area to the northwest on the west side of the mountain face. See Figure 7 below.

Figure 7- Hill Shade Digital Model with Veins and geophysical Survey Area

The plotted VLF-EM data clearly outlines a Fraser filtered anomaly striking parallel to the Eagle vein, 160 meters northwest of the 5,950 level adit. See figure 8.

Figure 8 - VLF -EM Data and Conductor Axis

If one goes to the east side exposure of the Eagle vein the northwest EM conductor axis is plotted below. See Photo 1 below.

Photo 1 - 2021 East Side Eagle Vein, Adit is 3 meters x 3 meters in dimensions

Additional releases on the 2021 exploration program of the Eagle Vein area containing underground inspection and finally structural interpretation on the Davis Keays Eagle vein deposit will be forth coming in the following weeks.

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.

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.

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:

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.

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

Figure 1 - General Property Location

The Project is comprised of the Neil Property and the Toro Property in British Columbia. The Company also holds rights to the Bronson Property. See Figure 2 below.

Peter Hawley, President, CEO reports: "A total of 19 specific areas were mapped and prospected during the 2021 field season and we started the New Year by reporting our findings on the Lady Luck occurrence in the south end of the Neil Property, followed by the Mac; the 8A, Harris, the 2a and 2b, the Creek, Keays south, Belcher Creek, the Magnum Mine UAV Done Mission, the Magnum, the Neil UAV Drone Mission, the Neil, EM-1, Ram Creek, Davis Keays Eagle UAV Drone Mission and now the Davis Keays Eagle Vein area sampling." See Figure 3 below.

Figure 3 - Neil Property, Davis Keays Eagle Location

Minor follow-up exploration activity took place during the 1950s and early 1960s, with activity increasing significantly during the late 1960s and early 1970s. The work resulted in recognition of numerous copper occurrences within the Neil Property. The most significant of which are the Magnum Vein (Churchill Copper) and the Eagle Vein (Davis Keays). The Lady vein system at the Lady Luck Occurrence also received minor underground development work from 1969 - 1970.

Eagle Vein - Historic Work 1967-1971

The Eagle and Harris veins at the Davis Keays copper prospect underwent surface and underground development at the same time as the Magnum Deposit from 1969-1971.

The Davis Keays Eagle vein is hosted in a northeast-trending vertically-dipping quartz-carbonate shear zone that has been explored by underground development over a strike length of approximately 1,220 meters and to a depth of 460 meters. Over 22,905 feet (6,982 meters) of underground work was completed that included drifting, cross-cutting, and raising (Harrington, 2021). Drifting on the Eagle vein was carried out at four elevations:

Levels 6400, 6950, and 7300 extend completely through the mountain, from Caribou Creek on the west side to Eagle Creek on the east. Approximately 40 000 tons of mined material was removed and subsequently hand sorted in ore and waste piles located at the drift entrance locations (Harrington, 2021). See Figure 4 below.

Figure 4 - Old Davis Keays Eagle Vein Deposit circa 1970

Following a change of ownership in the mid 1970s, Kam Kotia Mines developed approximately 700 meters along the Eagle vein on the 5950-level. The vein was reportedly approximately 3 meters wide and consisted of massive chalcopyrite (Harrington, 2021). Mineralized material from the underground work in the area was collected and ~ 58,000 tons of hand sorted mineralized material was shipped to the Bethlehem Copper smelter southwest of Kamloops, BC (Harrington, 2021).

The past work on the eagle vein is very well documented with sections and longitude sections thru the mountain and maps include tonnage and grade estimates, level sampling plans, underground drill sections.

In addition to this work the surface sampling of the exposed eagle vein was mapped and documented in detail. An example of this work is found in Figure 5 below where they sampled 2.19% copper over an average width of 2.09 meters (6.84 feet) along a strike length of 45.73 meters (150 feet).

Figure 5 - Surface Sampling of West Side Surface Exposure of Eagle Vein

The below drone photo clearly shows the west side exposure of the Eagle vein which was sampled. Note drone operator and helicopter for scale.

Photo 1 - 2021 Photo of West Side Eagle Vein

Another example of the detailed past sampling of the surface exposure of the eagle vein is on the east side ,which has a very steep vertical component. The past alpine geological team repelled from the top of the mountain downwards sampling, measuring and mapping as they descended. The old climbing ropes on the side of the mountain can be seen today. Press link here to view Davis Keays Eagle Vein drone flight mission.

Figure 6 - Surface Sampling of East Side Surface Exposure of Eagle Vein

As seen above in Figure 6 the past sampling reported a total sampled length of the mountain side eagle vein of 487.80 meters (1,600 feet) over an average width of 2.16 meters (7.10 feet) which averaged 6.38% copper.

As seen below, a 2021 photo I personally took from a helicopter clearly shows the dimensions of the Eagle Vein and its steepness. The 6,950-foot adit is approximately 3 meters by 3 meters in dimension for scale.

Photo 2 - 2021 Photo of East Side Eagle Vein, Adit is 3 meters x 3 meters in Dimensions

The 2021 exploration mandate was to prospect the area surrounding the Davis-Keays adits and the Eagle Vein. The entrances to adits 6,950, 6,400 and 5,940 of the Davis-Keays past developed mine were located on the west side of the slope at elevations of 2,115 to 1,795 meters.

While overflying the eastern slope, the exit of the 6950 adit was seen on a near vertical cliff, as seen in Photo 2 above. Another old excavation, (possible adit?) was found at a low elevation of 1,470 meters east of the west branch of Yedhe Creek. These excavations into the mountain span a vertical distance of 645 meters. The locations and elevations of the adits are:

Adit 6950 - 357355E, 6492776N, elevation 2115 meters

Adit 6400 - 357176E, 6492571N, elevation 1949 meters

Adit 5950 - 356849E, 6492555N, elevation 1802 meters

Excavation - 355653E, 6493516N, elevation 1470 meters

Given the Eagle Vein and mine workings are very well documented, the purpose of the field exploration was to determine if other veins exist similar to the Eagle Vein.

While prospecting a southwest trending tributary-ravine, south of the adits, 12 samples,

D-723428 - 432, 434 - 439 & 441 were collected. Sample D-723428, of rubble mineralized with 12%chalcopyrite and trace bornite, taken downslope, elevation 2084 meters from the 6,400 adit, assayed 6.73% Cu.

At least 6, various striking, quartz-carbonate vein systems outcrop in the ravine east of the adits. Seven chip and 4 grab samples were collected at these veins. The best copper results were obtained in the 020-degree striking vein, in 2 sampled sections 10 meters apart at an elevation of 1,986 meters.

The northern most sampled section, D-723434 & 435 averaged 0.70% Cu across 1.6 meters and the southern sampled section, D-723436-428 averaged 0.84% copper across 2.70 meters. The remaining chip and grab samples exhibited low Cu content,

Figure 7 - Eagle Area Plan View Surface Sample Map with Assays

Table 1 - Davis Keays Eagle Vein Area Surface Samples

Closer detailed evaluation of the drone mission hill shade model clearly shows striations or linear features which are interpreted to represent vein structures. See Figure 8 below.

Figure 8 - Hill Shade Digital Model

Additional releases on the 2021 exploration program of the Eagle Vein area containing recon ground geophysics surveys results, underground inspection and finally structural interpretation on the Davis Keays Eagle vein deposit will be forth coming in the following weeks.

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.

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.

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.

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

Figure 1 - General Property Location

The Project is comprised of the Neil Property and the Toro Property in British Columbia. The Company also holds rights to the Bronson Property. See Figure 2 below.

Peter Hawley, President, CEO reports; "A total of 19 specific areas were mapped and prospected during the 2021 field season and we started the New Year by reporting our findings on the Lady Luck occurrence in the south end of the Neil Property, followed by the Mac; the 8A, Harris, the 2a and 2b, the Creek, Keays south, Belcher Creek, the Magnum Mine UAV Done Mission, the Magnum, the Neil UAV Drone Mission, the Neil, EM-1, Ram Creek and now the Davis Keays Eagle UAV Drone Mission" See Figure 2 below.

Figure 2- Neil Property, Davis Keays Eagle Location

Minor follow-up exploration activity took place during the 1950s and early 1960s, with activity increasing significantly during the late 1960s and early 1970s. The work resulted in recognition of numerous copper occurrences within the Neil Property, the most significant of which are the Magnum Vein (Churchill Copper) and the Eagle Vein (Davis Keays). The Lady vein system at the Lady Luck Occurrence also received minor underground development work from 1969 - 1970.

Eagle Vein - Historic Work 1967-1971

The Eagle and Harris veins at the Davis Keays copper prospect underwent surface and underground development at the same time as the Magnum Deposit from 1969-1971. The Davis Keays Eagle vein is hosted in a northeast-trending vertically-dipping quartz-carbonate shear zone that has been explored by underground development over a strike length of approximately 1,220 meters and to a depth of 460 meters. Over 22,905 feet (6,982 meters) of underground work was completed that included drifting, cross-cutting, and raising (Harrington, 2021). Drifting on the Eagle vein was carried out at four elevations:

Levels 6400, 6950, and 7300 extend completely through the mountain, from Caribou Creek on the west side to Eagle Creek on the east. Approximately 40 000 tons of mined material was removed and subsequently hand sorted in ore and waste piles located at the drift entrance locations (Harrington, 2021). See Figure 3 below.

Figure 3 - Old Davis Keays Eagle Vein Deposit circa 1970

Following a change of ownership in the mid 1970s, Kam Kotia Mines developed approximately 700 meters along the Eagle vein on the 5950-level. The vein was reportedly approximately 3 meters wide and consisted of massive chalcopyrite (Harrington, 2021). Mineralized material from all of the underground work in the area was collected and ~ 58,000 tons of hand sorted mineralized material was shipped to the Bethlehem Copper smelter southwest of Kamloops,BC (Harrington, 2021).

Figure 4 - Davis Keays Eagle Target UAV Drone Survey Area

As part of the 2021 exploration 5 selected areas were surveyed by an Unmanned Aerial Vehicle (UAV) photogrammetry survey was conducted over the Harris, Eagle, Neil and Magnum veins by Drone North, See Figure 4 above for Davis Keays Eagle survey area.

The purpose of the UAV photogrammetry surveys were to:

(i) Generate high resolution photogrammetry datasets for the vein target to better understand bedrock controls on copper mineralization.

(ii) Generate high resolution Digital Terrain Models (DTMs) to assist with 3D modelling of the targets.

(iii) Generate baseline imagery to record current state of surface disturbance at sites that will be actively explored in coming years.

Equipment used to carry out UAV photogrammetry surveys consisted of a DJI Phantom 4 Pro v2.0 optical 20 megapixel camera drone with both a mechanical shutter and an upgraded rover L1/L2 Global Navigation Satellite System (GNSS) receiver. A multi - frequency Sunnav G10 base station was set to allow for PPK corrections of the UAV rover receiver location information. See Figure 5 below.

Figure 5 - UAV Drone Survey Equipment

A GNSS base station was established at the upper-level portal into the underground deposit. Ground control point (GCP) data were acquired during surveying. Sixteen terrain-following missions were completed to survey the Davis Keays Eagle target along with an additional 4 constant altitude missions on the steeper inaccessible eastern slopes. A total of 3,935 photographs acquired during surveying and the final GSD`s (resolution) were 5.78 cm for the orthomosaic and 23.10 cm for the digital surface model (DSM). See Figure 6 below.

Figure 6- UAV Davis Keays Eagle Target Survey Data Points

Data products generated include 3-23 cm resolution color orthophoto mosaics, Digital Surface Models (DSM) and Digital Terrain Models (DTM). Hillshade models were also generated for each target area. For the Hillshade model an illumination of 315 degrees was applied. Survey grade accuracy (1-3 cm) ground control point data was also acquired at the time of the UAV survey. See Figures 7, 8 below.

Figure 7- Color Orthophoto Digital Model

Figure 8- Hill Shade Digital Model

The data generated was used for in-field targeting of visual copper occurrences on the color orthophoto due to the 3 cm resolution which lead to field examination of the mineralized unit to sampling of the Magnum vein where a total of 20 samples were collect as a first pass evaluation. Press link here to view Davis Keays Eagle Vein drone flight mission.

In addition, using various filter parameters, the UAV drone survey area was evaluated for gossan occurrences which could represent alteration of sulphides. The mineral probability map for gossan shows 3 large anomalies occurring in the vicinity of the Eagle vein and to the north of it.

At present it is unsure whether this anomaly is related to alteration or due to elevated iron content in the host stratigraphy. See Figure 9 below.

Figure 9 - 2021 Davis Keays UAV Drone Gossan Anomalies

Using the results of the data gathered by the UAV drone mission in the 2021 field season the field crew will further sample in detail the Eagle Vein area and ground truth the gossan anomalies.

An additional release on the sampling and results of the Davis Keays Eagle vein deposit will be forth coming in the following weeks.

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.

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.

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:

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.

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Fabled Copper Corp. ("Fabled Copper" or the "Company") (CSE:FABL)(FSE:XZ7) announces the 13th set of results of 2021 surface field work on it's Muskwa Copper Project comprised of the Neil Property and the Toro Property in Northern British Columbia. The Company also holds rights to the Bronson Property. See Figure 1 below

Peter Hawley, President, CEO reports; A total of 19 specific areas were mapped and prospected during the 2021 field season plus 5 select areas for UAV drone surveys. See Figure 2 below.

Figure 2 - 2021 Neil Property Work Site Locations

A total of 19 specific areas were mapped and prospected during the 2021 field season and we started the New Year by reporting our findings on the Lady Luck occurrence in the south end of the Neil Property, followed by the Mac; the 8A, Harris, the 2a and 2b, the Creek, Keays south, Belcher Creek, Magnum Drone Survey Mission, the Magnum, Neil Drone Survey Mission, Neil vein / breccia, EM-1 and now the Ram Creek copper occurrence. See Figure 3 below.

Figure 3- Neil Property, Ram Creek Copper Occurrence Location

The area containing the Ram Creek Occurrence had ten chip samples and 1 example of mineralized quart-carbonate collected. See Table 1 and Figure 4 below.

Figure 4 - Ram Creek Sample Locations

Two quartz-carbonate veins and surrounding sheared stockwork outcrop on the north side of a ridge

at the 1,800 meter elevation and located on the south side of a bowl. See Photo 1 below.

Photo 1 - Ram Creek Copper Occurrence

These 2 veins were chip sampled across 2.65 meters. The chip samples contained less than 2% sulphides and this section (samples D-723006 - 010) across 2.65 meters assayed low in copper (0.15%), with the best copper result of 0.74% copper across 0.40 meters, (sample D-723007). See Table 1 and Photo 2 below.

Photo 2 - Chip Sample Location of Ram Creek Copper Occurrence Over 2.65 meters

North of these two veins, numerous sheared northwest to northwest striking quartz-carbonate

veins, containing little or no sulphide content, were observed at elevations of approximately 1,800 meters.

Five veins were chip sampled and copper analyses indicate they contained trace copper (

Photo 3 -Chip Sample Site of Ram Creek Copper Occurrence

Sample D-723016 of quartz-carbonate float, mineralized with 4% chalcopyrite, was collected across the bowl, 120 meters north of the exposed vein on the ridge. This sample had a copper content of 1.47%.

Table 1 - Ram Creek Surface Samples

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.

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.

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:

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.

News Provided by ACCESSWIRE via QuoteMedia

Fabled Copper Corp. ("Fabled Copper" or the "Company") (CSE:FABL; FSE:XZ7) announces the results of the 2021 surface field work on it's Muskwa Copper Project where pure geophysics and boots on the ground exploration has led to the discovery of what is believed to be the possible Neil vein extension

The Muskwa Project is comprised of the Neil Property and the Toro Property in British Columbia. The Company also holds rights to the Bronson Property. See Figure 1 below.

Figure 2 - Property Locations Map

Peter Hawley, President, CEO reports; A total of 19 specific areas were mapped and prospected during the 2021 field season and we started the New Year by reporting our findings on the Lady Luck occurrence in the south end of the Neil Property, followed by the Mac; the 8A, Harris, the 2a and 2b, the Creek, Keays south, Belcher Creek, the Magnum Mine UAV Done Mission, the Magnum, the Neil Area UAV Drone Mission ,the Neil vein / breccia and now the newly discovered EM-1 copper Occurrence, see Figure 2 below.

Figure 2- EM-1 Copper Occurrence Location

We know that the Neil vein / breccia is coincident with the shear zone next to a large mafic diabase dike, which formed a resistant spur. The dyke and the shear zone are important as they host a discontinuous series of mineralized quartz-carbonate veins, occurring at or close to the dike's contacts in the shear zone.

Targeting geophysical signatures on strike for the possible extension of the Neil vein / breccia using magnetics (mag) and electromagnetics (EM) plus high-level GIS data compilation led the team to examine one particular target late in the season.

The mag signature indicates a shallower - high intensity linear magnetic features which was thought to represent magnetic diabase dikes that could have associated copper mineralization. The reduced to pole mag shows what is interpreted to be a deep-seated magnetic body with shallower mafic (magnetic) linear bodies (diabase dikes with copper?). The three main conductors which are part of the deep-seated magnetic body are conductive enough to persist thru early time (channel 4) - mid time (channel 10) - late time (channel 16) the deepest penetrating. See Figures 3 - 7 below.

Figure 4 - Reduced to pole magnetics

Figure 5 - Early time EM response

Figure 6 - Mid time EM response

Figure 7 - Late time Deep EM response

Once the EM-1 target was identified, on September 6, 2021 the exploration team's two senior geologist flew to the area and due to warm weather, glacial retreat had resulted in at least 200 meters of additional exposure in this area. It should be noted that there had been no copper occurrences documented in this area.

The airborne EM anomaly (EM-1), is located in a valley and is situated 200 m. east of the creek flowing eastward into Yedhe Creek on strike approximately 1.5 kilometers from the Neil vein / breccia occurrence. See Figure 8, Photo 1 below.

Figure 8 - EM-1 Anomaly location and % Copper sample taken

Photo 1 - EM-1 location, note retreating snow cap.

Two veins were observed on a northeast facing slope, near the beginning of the valley, 900 meters south-southwest from the anomaly. Because of time restraints and topography, the exposures were not prospected. While prospecting downslope, from a location of 200 meters north of the exposures, 8 samples (D-723533 - 537 & 539 - 542) of mineralized quartz-carbonate float were collected at elevations of 1475-1600 meters which assayed from as low as 0.71% copper to a high of 10.55% copper. See Table 1, Photo 2 below.

Table 1 - EM-1 Surface Assay Results

Three of the samples (D-723541, 535 & 536) contained greater than 1.23% Cu, with sample D-723536, of veining with massive chalcopyrite and bornite, exhibiting a high copper content of 10.55%. See Photo 2 below.

Photo 2 - Area of sampling, note probable vein location and Geologist for scale.

In addition, the photos, sample locations and all assay data pertaining to the assay taken, (36 elements) were tagged in a geo tag format for plotting in .kml / .kmz GIS systems such as Google Earth. See Photo 3 below.

Photo 3 - EM-1- .kml / .kmz Geo Tags, 36 element assays

The positive results from the prospecting or ground truthing of the EM-1 geophysical anomaly and related copper veining found, the team will re-evaluate this area in further detail during the summer of 2022 plus this will be a potential UAV drone mission to gather additional data. The Company has increased its land holding by an additional 2,924.43 hectares due to positive findings as we process the data from 2021.

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.

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.

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:

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.

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Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK) ("Teck") announced today the launch of a Zinc Satellite initiative focused on surfacing value from Teck's portfolio of world-class zinc development assets located in the Americas and Australia, including five substantial zinc resources.

Zinc Satellite will build on the technical and commercial expertise of Teck's Project Satellite team, which has successfully advanced and grown the value of various copper growth projects, including San Nicolás in Mexico and Zafranal in Peru, such that Teck now has the best portfolio of copper growth options in the industry.

"The market outlook for zinc is strong, due to declining production from existing primary zinc mines, underinvestment in global exploration for zinc, and long-term demand driven by decarbonization, which is galvanized steel-intensive," said Don Lindsay, President and CEO. "Zinc Satellite will leverage our successful Project Satellite approach of making prudent investments to advance each asset by identifying pragmatic development options and paths to value. Value could ultimately be realized through a standalone investment, a partnership, or other transaction."

The five Zinc Satellite Projects are:

These projects represent five of the largest 25 undeveloped zinc deposits globally and are all located in stable jurisdictions. We have established work programs and teams to advance these potential zinc growth options with prudent investments to improve our understanding of each asset's potential, and define associated development options and paths to value for each one.

Teck is currently the world's largest net zinc miner based on zinc production from Red Dog in Alaska and Antamina in Peru. We also operate one of the world's largest integrated zinc-lead refineries, located in Trail, B.C.

Forward-Looking Statements This news release contains certain forward-looking information and forward-looking statements as defined in applicable securities laws (collectively referred to as forward-looking statements). These statements relate to future events or our future performance. All statements other than statements of historical fact are forward-looking statements. The use of any of the words "anticipate", "plan", "continue", "estimate", "expect", "may", "will", "project", "predict", "potential", "should", "believe" and similar expressions is intended to identify forward-looking statements. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking statements. These statements speak only as of the date of this news release.

Forward-looking statements in this news release include statements regarding: expectations for Teck's copper and zinc growth projects; the market outlook for zinc; the potential of Teck's copper development properties, the potential to advance each of the Zinc Satellite projects and realize value from them. These forward-looking statements involve numerous assumptions, including, but not limited to, assumptions that future work will result in advancement of any of the Zinc Satellite projects; assumptions regarding the accuracy of our current geological estimates; and assumptions regarding our ability to realize value. Factors that may cause actual results to vary materially include, but are not limited to: future zinc commodity price; inaccurate geological or metallurgical assumptions; unanticipated difficulties in advancing a project; difficult in obtaining or maintaining permits; lack of future funding; and other factors that impact our business generally. The foregoing list of factors is not exhaustive.

We assume no obligation to update forward-looking statements except as required under securities laws. Further information concerning risks and uncertainties associated with these forward-looking statements and our business can be found in our Annual Information Form for the year ended December 31, 2021, filed under our profile on SEDAR ( www.sedar.com ) and on EDGAR ( www.sec.gov ) under cover of Form 40-F, as well as subsequent filings that can also be found under our profile.

About Teck As one of Canada's leading mining companies, Teck is committed to responsible mining and mineral development with major business units focused on copper, zinc, and steelmaking coal, as well as investments in energy assets. Copper, zinc and high-quality steelmaking coal are required for the transition to a low-carbon world. Headquartered in Vancouver, Canada, Teck's shares are listed on the Toronto Stock Exchange under the symbols TECK.A and TECK.B and the New York Stock Exchange under the symbol TECK. Learn more about Teck at www.teck.com or follow @TeckResources .

Teck Media Contact: Chris Stannell Public Relations Manager 604.699.4368 chris.stannell@teck.com

Teck Investor Contact: Fraser Phillips Senior Vice President, Investor Relations and Strategic Analysis 604.699.4621 fraser.phillips@teck.com

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PolyMet Mining Corp. (TSX: POM) (NYSE American: PLM), today filed its financial results for the three months ended March 31, 2022, and provided a business update.

The company made steady progress in litigation, continued its focus on optimization and engineering efforts related to the NorthMet Project, and maintained full compliance with all operating permits during the period, according to Jon Cherry, chairman, president and CEO.

"In the latest court decision, the Minnesota Court of Appeals in January affirmed nearly all aspects of the company's water discharge permit, an indication of steady and meaningful progress," Cherry said.

However, the court ruled that the Minnesota Pollution Control Agency must consider whether any discharges are the "functional equivalent" of a direct surface water discharge. The ruling stems from a U.S. Supreme Court ruling unrelated to PolyMet and issued more than a year after PolyMet's permit was issued. This functional-equivalence analysis is expected to be completed this year and to affirm earlier conclusions.

The water discharge permit is one of only three permits that remain on hold pending additional legal proceedings or regulatory process, which is anticipated to be largely addressed this year. The other two are the Permit to Mine and the federal wetlands (Section 404) permit.

The company made progress on the wetlands permit as the U.S. Army Corps of Engineers completed a three-day section 401(a)(2) hearing under the Clean Water Act on May 5, in Cloquet, Minnesota. The hearing was held to determine if the project will violate water quality requirements within the reservation boundaries of the Fond du Lac Band of Lake Superior Chippewa. State and federal agencies concluded during environmental review and permitting that the project will not affect water quality before reaching the reservation, which is 116 river miles downstream.

"We are confident the Corps will affirm the original conclusions by state and federal agencies that the PolyMet project will meet water quality standards downstream, including at the Fond du Lac boundary," Cherry said. "We are committed to bringing the former taconite site up to modern, safe mining standards and cleaning up legacy issues in the process."

Regarding the Permit to Mine, a contested case hearing by the Minnesota Department of Natural Resources on the effectiveness of bentonite clay at the tailings impoundment is anticipated in the second or third quarter of this year. Several preliminary hearings already have been held.

To date, PolyMet has received favorable decisions in all six cases that have reached final conclusion - four federal and two state. More information on recent court developments can be found on the company's website at www.polymetmining.com/investors/news/ and on its SEDAR and EDGAR profiles.

Key Balance Sheet Statistics (in '000 US dollars)

1 Deficiency at March 31, 2022 primarily due to the $62.7 million convertible debt with Glencore being due March 31, 2023. Glencore has committed to provide financial support to enable the Company to continue its business operations for the next twelve months.

Key Income and Cash Flow Statement Statistics (in '000 US dollars, except per share amounts)

The financial statements have been filed at www.polymetmining.com and on SEDAR and EDGAR and have been prepared in accordance with International Financial Reporting Standards. All amounts are in U.S. dollars. Copies can be obtained free of charge by contacting the company at 444 Cedar Street, Suite 2060, St. Paul, MN 55101, or by e-mail at info@polymetmining.com. Project developments described above are derived from these documents and should be read in conjunction with them.

PolyMet is a mine development company that owns 100% of the NorthMet Project, the first large-scale project to have received permits within the Duluth Complex in northeastern Minnesota, one of the world's major, undeveloped mining regions. NorthMet has significant proven and probable reserves of copper, nickel and palladium - metals vital to infrastructure improvements and global carbon reduction efforts - in addition to marketable reserves of cobalt, platinum and gold. When operational, NorthMet will become one of the leading producers of nickel, palladium and cobalt in the U.S., feeding the supply chain with high-demand, responsibly mined metals crucial to the manufacture of clean energy and clean mobility technologies such as wind and solar generation, battery storage and electric vehicles.

Located in the Mesabi Iron Range, the project will provide economic diversity while leveraging the region's established supplier network and skilled workforce and generate a level of activity that will have a significant effect in the local economy. For more information: www.polymetmining.com.

For further information, please contact:

Media Bruce Richardson, Corporate Communications Tel: +1 (651) 389-4111 brichardson@polymetmining.com

Investor Relations Tony Gikas, Investor Relations Tel: +1 (651) 389-4110 investorrelations@polymetmining.com

This news release contains certain forward-looking statements concerning anticipated developments in PolyMet's operations in the future. Forward-looking statements are frequently, but not always, identified by words such as "expects," "anticipates," "believes," "intends," "estimates," "potential," "possible," "projects," "plans," and similar expressions, or statements that events, conditions or results "will," "may," "could," or "should" occur or be achieved or their negatives or other comparable words. These forward-looking statements may include statements regarding the ability to receive environmental and operating permits, job creation, and the effect on the local economy, or other statements that are not a statement of fact. Forward-looking statements address future events and conditions and therefore involve inherent known and unknown risks and uncertainties. Actual results may differ materially from those in the forward-looking statements due to risks facing PolyMet or due to actual facts differing from the assumptions underlying its predictions.

PolyMet's forward-looking statements are based on the beliefs, expectations and opinions of management on the date the statements are made, and PolyMet does not assume any obligation to update forward-looking statements if circumstances or management's beliefs, expectations and opinions should change.

Specific reference is made to risk factors and other considerations underlying forward-looking statements discussed in PolyMet's most recent Annual Report on Form 40-F for the fiscal year ended December 31, 2021, and in our other filings with Canadian securities authorities and the U.S. Securities and Exchange Commission.

The Annual Report on Form 40-F also contains the company's mineral resource and other data as required under National Instrument 43-101.

No regulatory authority has reviewed or accepted responsibility for the adequacy or accuracy of this release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/123868

News Provided by Newsfile via QuoteMedia

Hudbay Minerals Inc. ("Hudbay" or the "company") ( TSX, NYSE: HBM) and the U.S. Department of Justice today received a split decision from the U.S. Court of Appeals for the Ninth Circuit (the "Decision"), which affirmed the U.S. District Court for the District of Arizona's ("District Court") decision in July 2019 relating to the Rosemont copper project in Arizona. In the Decision, the Court of Appeals agreed with the District Court's ruling that the U.S. Forest Service relied on incorrect assumptions regarding its legal authority and the validity of Rosemont's unpatented mining claims in the issuance of Rosemont's Final Environmental Impact Statement. While Hudbay reviews the Decision, in any event, the company will continue to pursue its alternative plan to advance its Copper World project.

Since 2019, Hudbay has successfully discovered the Copper World deposits located on patented mining claims adjacent to Rosemont. The company has also acquired a private land package totaling approximately 4,500 acres to support an operation on private lands. The initial technical studies for Copper World have been completed and the results are being incorporated into a Preliminary Economic Assessment ("PEA") contemplating the development of the Copper World deposits in conjunction with an alternative plan for the Rosemont deposit. The PEA is expected to incorporate a two-phase mine plan with the first phase reflecting a standalone operation utilizing Hudbay's private land for processing infrastructure and contemplating mining portions of Copper World and Rosemont located on patented mining claims. The first phase is expected to require only state and local permits and is expected to reflect an approximate 15-year mine life. The second phase of the mine plan is expected to extend the mine life and incorporate an expansion onto federal lands to mine the entire Rosemont and Copper World deposits. The second phase of the mine plan would be subject to the federal permitting process and the company expects it will be able to pursue the federal permits within the constraints imposed by the Decision, if any subsequent appeals are not successful. Hudbay expects the PEA to demonstrate positive economics for this low-cost, long-life copper project and the company is on track to publish the results in a NI 43-101 Technical Report in the second quarter of 2022.

This news release contains forward-looking information within the meaning of applicable Canadian and United States securities legislation. Forward-looking information includes, but is not limited to, Hudbay's expectations regarding the impacts of the decision of the U.S. Court of Appeals for the Ninth Circuit, Hudbay's expectations regarding the preliminary economic assessment of the Copper World project and a potential alternative development plan for the Rosemont deposit and Hudbay's expectations regarding the economics and permitting requirements for the Copper World project. Forward-looking information is not, and cannot be, a guarantee of future results or events. Forward-looking information is based on, among other things, opinions, assumptions, estimates and analyses that, while considered reasonable by the company at the date the forward-looking information is provided, inherently are subject to significant risks, uncertainties, contingencies and other factors that may cause actual results and events to be materially different from those expressed or implied by the forward-looking information.

Should one or more risk, uncertainty, contingency or other factor materialize or should any factor or assumption prove incorrect, actual results could vary materially from those expressed or implied in the forward-looking information. Accordingly, you should not place undue reliance on forward-looking information. Hudbay does not assume any obligation to update or revise any forward-looking information after the date of this news release or to explain any material difference between subsequent actual events and any forward-looking information, except as required by applicable law.

Hudbay (TSX, NYSE: HBM) is a diversified mining company primarily producing copper concentrate (containing copper, gold and silver), zinc metal and silver/gold doré. Directly and through its subsidiaries, Hudbay owns three polymetallic mines, four ore concentrators and a zinc production facility in northern Manitoba and Saskatchewan (Canada) and Cusco (Peru), and copper projects in Arizona and Nevada (United States). The company's growth strategy is focused on the exploration, development, operation and optimization of properties it already controls, as well as other mineral assets it may acquire that fit its strategic criteria. Hudbay's mission is to create sustainable value through the acquisition, development and operation of high-quality, long-life deposits with exploration potential in jurisdictions that support responsible mining, and to see the regions and communities in which the company operates benefit from its presence. The company is governed by the Canada Business Corporations Act and its shares are listed under the symbol "HBM" on the Toronto Stock Exchange, New York Stock Exchange and Bolsa de Valores de Lima. Further information about Hudbay can be found on www.hudbay.com .

For investor and media inquiries, please contact:

Candace Brûlé Vice President, Investor Relations (416) 814-4387 candace.brule@hudbay.com

News Provided by GlobeNewswire via QuoteMedia

TSX: LUN) (Nasdaq Stockholm: LUMI) Lundin Mining Corporation ("Lundin Mining" or the "Company") today announced the voting results from its 2022 Annual Meeting (the "Meeting").

A total of 591,278,834 common shares were voted at the Meeting, representing 80.13% of the votes attached to all outstanding common shares. Shareholders voted in favour of all items of business considered at the Meeting, as follows:

Advisory Vote on the Company's Approach to Executive Compensation

Detailed voting results for the 2022 Meeting are available on SEDAR at www.sedar.com .

Chair of the Board, Lead Director, and Board Committee Appointments

The Board of Directors (the "Board") is pleased to announce the appointment of Mr. Adam Lundin to the Chair of the Board. Mr. Adam Lundin takes on the role following the retirement of Mr. Lukas Lundin from the Board at the Company's 2022 Meeting. Mr. Heppenstall was reappointed as Lead Director.

The Board is also pleased to announce the appointment of Ms. Lam to the Audit Committee and Mr. Charter to the Safety and Sustainability Committee.

The composition of the Committees of the Board are now:

Corporate Governance and Nominating Committee

Catherine J. G. Stefan (Chair)

Lundin Mining is a diversified Canadian base metals mining company with operations and projects in Argentina , Brazil , Chile , Portugal , Sweden and the United States of America , primarily producing copper, zinc, gold and nickel.

The information was submitted for publication, through the agency of the contact persons set out below on May 12, 2022 at 16:30 Eastern Time .

View original content to download multimedia: http://www.newswire.ca/en/releases/archive/May2022/12/c7975.html

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Benton Resources Inc. (TSXV: BEX) ('Benton' or 'the Company') would like to cordially invite you to visit us at Booth #823 at the Vancouver Resource Investment Conference (VRIC) to be held at the Vancouver Convention Centre West (1055 Canada Place, Vancouver) on Tuesday May 17 - Wednesday May 18, 2022.

Former Prime Minister of Canada Stephen Harper and Former President of Mexico Felipe Calderon are two of the marquee speakers at the 2022 Resource Investment Conference. VRIC will host more than 100 international keynote speakers covering the hottest topics in finance, economics and geopolitics on May 17th and 18th, 2022.

Also presenting are best-selling finance author Robert "Rich Dad" Kiyosaki, dozens of globally respected economists, legendary money managers, and investors. The conversations on stage will cover the most important investment opportunities and key issues in macro-finance.

The VRIC will include a marketplace of 225 investment opportunities in the mining industry, spanning early-stage exploration to advanced-stage producing mines.

For more information and/or to register for the conference please visit: https://cambridgehouse.com/vancouver-resource-investment-conference.

We look forward to seeing you there.

About Benton Resources Inc. Benton Resources Inc. is a well-funded mineral exploration company listed on the TSX Venture Exchange under the symbol BEX. Following a project generation business model, Benton has a diversified, highly prospective property portfolio in Lithium, Gold, Silver, Nickel, Copper, and Platinum Group Elements and currently holds large equity positions in other mining companies that are advancing high-quality assets. Whenever possible, BEX retains Net Smelter Return (NSR) royalties for potential long-term cash flow. Benton has also recently entered into a 50/50 strategic alliance with Sokoman Minerals Corp. through three large-scale joint-venture properties including Grey River Gold, Golden Hope and Kepenkeck in Newfoundland that are now being explored. Most advanced projects have an up-to-date NI 43-101 Report available.

For further information, please contact:

Benton Resources Inc. Stephen Stares, President & CEO Phone: 807-475-7474 Email:sstares@bentonresources.ca

CHF Capital Markets Thomas Do, IR Manager Phone: 416-868-1079 x 232 Email:thomas@chfir.com

Website: www.bentonresources.ca Twitter: @BentonResources Facebook: @BentonResourcesBEX LinkedIn: @BentonResources

THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

The information contained herein contains "forward-looking statements" within the meaning of applicable securities legislation. Forward-looking statements relate to information that is based on assumptions of management, forecasts of future results, and estimates of amounts not yet determinable. Any statements that express predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance are not statements of historical fact and may be "forward-looking statements."

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/123794

News Provided by Newsfile via QuoteMedia

Copper products are widely used in building construction, electrical grids, electronic products, transportation equipment and home appliances.

A member of the holy trinity of metals along with gold and silver, copper has a long history as a critical material for the advancement of human civilization, dating back at least 8,000 years. The only base metal in the triad, copper’s numerous useful properties make it the third most-used industrial metal in the world.

The abundance of copper uses makes the metal a valuable indicator for global economic health, and for that reason the red metal has even earned itself the moniker “Dr. Copper.”

Pure copper is a soft, malleable material that can be molded into a multitude of products. In addition to high corrosion resistance, copper metal has very high thermal conductivity; it also has the second highest electrical conductivity of any metal after silver. These properties make it an ideal material for electrical and electronic products, which represent about three-quarters of the world’s copper consumption.

Copper also forms alloys more freely than most metals, and corrosion-resistant copper alloys are used in many industries, including manufacturing and construction. The red metal is even employed in the medical field to curb the spread of dangerous infections — a use case that is quickly gaining attention.

China is the largest consumer of refined copper and accounted for 54 percent of global copper ore imports in 2020. Industrial nations like Japan, the US, Germany and Spain also rank as significant consumers.

According to the US Geological Survey, the five top copper-producing countries are Chile, Peru, China, the Democratic Republic of Congo and the US. The island nation of Australia and the continent of Africa are also significant sources of copper ore.

Here the Investing News Network highlights copper uses in five industries driving copper demand.

Nearly half of all copper supply makes its way into buildings, from homes to businesses. In fact, one home alone can contain on average 439 pounds of copper. Copper’s malleability makes it easy to solder, and yet it’s strong enough to create the bonds and junctions needed in electrical wiring and plumbing.

Copper tubing has a number of applications and can be found in water pipes, refrigeration lines, heat pumps and HVAC systems. And don’t forget the copper wiring for moving electricity throughout the house and linking to telecommunications and cable networks. Home appliances also contain copper tubing and electrical wires.

Copper’s supreme electrical conductivity properties and abundance as a raw material make it the most efficient and cost-effective metal for electronic products. The red metal is found in the form of electrical wiring and printed circuit boards in the vast majority of today’s consumer electronic products — from cell phones, laptops and TVs to surveillance systems, power tools and robotic vacuum cleaners.

According to Live Science, many new products that use copper are in the research and development stages, including “soft” electronic tools such as electronic paper and wearable biosensors.

The use of copper is also highly prevalent in the transportation sector, including in the fabrication of ships, railways, planes and automobiles.

Copper alloys are standard materials in shipbuilding, from bolts and rivets to propellers and condenser pipes. In the railway industry, the metal is used to manufacture many train parts, including motors, brakes and controls, and can also be found in electric and signal systems. Planes need copper for cooling, hydraulics and navigation, plus electrical systems. In the auto industry, copper is an essential component in brakes, bearings, connectors, motors, radiators and wiring. One conventional vehicle alone can contain as much as 50 pounds of copper.

The growing prevalence of electric vehicles (EVs) is another huge market for copper, as the technology relies heavily on the metal. In fact, each EV requires two to four times more copper than a conventional vehicle. EV charging stations also need large amounts of copper. As a result, analysts expect copper consumption from green energy sectors to grow five-fold by 2030 due to the rise of the EV market.

The industrial machinery and equipment used in many sectors, such as the petrochemical industry, is itself made with copper. This machinery and equipment includes copper pipe systems, electrical motors, evaporators, condensers, heat exchangers, valves and containers for holding corrosive mediums.

Corrosion-resistant copper alloys are critical materials in the fabrication of undersea installations, such as desalination machinery and offshore oil and gas drilling platforms.

As with the EV industry, copper’s cleantech metal status also stems from its use as a raw material to manufacture windmill turbines and solar energy systems.

Although not as sizeable a market as the above-mentioned sectors, the medical field is another industry that relies on copper. This is due in large part to copper’s antimicrobial properties. Research has shown that bacteria, viruses and yeasts cannot survive for long on a copper surface, as the metal interferes with the electrical charge found in microbial cell membranes. The US Environmental Protection Agency has said a copper surface can kill 99.9 percent of bacteria that lands on it within two hours.

To stop the spread of hospital-acquired infections, plastic and other metals are being replaced with copper or copper alloys on frequently touched surfaces, such as countertops, doorknobs, handrails, bedrails, call buttons, chairs and even pens. As per the journal Infection Control & Hospital Epidemiology, replacing hospital surfaces with antimicrobial copper fixtures could reduce the number of hospital-acquired infections by at least 58 percent.

This is an updated version of an article first published by the Investing news Network in 2021.

Don’t forget to follow us @INN_Resource for real-time news updates!

Securities Disclosure: I, Melissa Pistilli, hold no direct investment interest in any company mentioned in this article.

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