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Fabled Copper Reports on the Area West of the Toro Vein Which Contains up to 10.55% Copper

Wednesday, November 16, 2022 7:30 AM
Fabled Copper Corp.
N/A

VANCOUVER, BC / ACCESSWIRE / November 16, 2022 / Fabled Copper Corp. ("Fabled Copper" or the "Company") (CSE:FABL)(FSE:XZ7) announces the results of 2022 surface field work on its Muskwa Copper Project. See Figure 1 below.

Figure 1 - General Property Location

Fabled Copper Corp., Wednesday, November 16, 2022, Press release picture

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

Figure 2 - Location Map

Fabled Copper Corp., Wednesday, November 16, 2022, Press release picture

Peter Hawley, President, CEO reports; "The area west of the Toro vein was visited by a 3-person field team consisting of 2 geologist and 1 geo technician during the 2022 field season where it was explored and sampled vertically over 241 meters from 1,927 meters to 2,268 meters. A total of 12 samples were collected, all float samples. Of the 12 samples collected, 8 assayed greater than 0.5% copper. See Figure 3 below.

Figure 3- Area West of Toro Vein Location

Fabled Copper Corp., Wednesday, November 16, 2022, Press release picture

Float sample D-723809 of float, near the summit, of weathered rusty orange quartz veining with abundant malachite and 1% chalcopyrite returned 0.50% copper. See Table 1, Photo 1 below.

Photo 1 -

Fabled Copper Corp., Wednesday, November 16, 2022, Press release picture

Float sample D-723810 taken 8 meters vertically below of similar veining and mineralization returned 1.00% copper, whereas two meters above at an elevation of 2,200 meters a float sample of similar veining assayed 0.49% copper, see Table 1 below.

One hundred vertical meters below at an elevation of 2,100 meters float sample D-723813 of quartz weathered reddish black and brassy yellow with blue specs on a fresh surface contained 3-4% chalcopyrite and 3-5% bornite assayed 10.55% copper. Float sample D-723814 taken at the vertical altitude of 2,268 meters assayed 0.37% copper. See Table 1 below.

Float sample D-723815 of quartz veining weathered orange brown with recessive weathering contained moderate malachite traces of chalcopyrite and bornite and assayed 1.05% copper. See Table 1 and Photo 2 below.

Photo 2 -

Fabled Copper Corp., Wednesday, November 16, 2022, Press release picture

Fifteen meters above a float sample of similar material was sampled and reported 0.44% copper.

Float sample D-723817 taken at the 2,012-meter elevation consisted of the same beige quartz carbonate veining with abundant malachite and 3% chalcopyrite assayed 2.62% copper. See Table 1 and Photo 3 below.

Photo 3 -

Fabled Copper Corp., Wednesday, November 16, 2022, Press release picture

A further 67 meters vertically below float sample D-723818 of similar veining assayed 0.25% copper. See Table 1.

Eighteen meters vertically below float sample D-723819 of the same beige quartz carbonate veining with abundant malachite and 0.5% chalcopyrite and bornite returned 1.70 % copper. See Table 1 and Photo 4 below.

Photo 4 -

Fabled Copper Corp., Wednesday, November 16, 2022, Press release picture

The next float sample D-723820 taken at 1,962 meters vertically of breccia at the contact of the veining consisted of gray-black siltstone and shale fragments and contained abundant malachite copper alteration and 1-1% chalcopyrite and assayed 2.25% copper. At the 1,979-meter elevation the last float sample was collected of quartz veining with seams of carbonate and minor malachite and trace of chalcopyrite assayed 0.83% copper. See Table 1 below.

Table 1 - Area West of Toro Vein Sample Results

Sample No.

Elevation

Sample Type

Copper %

D-723809

2,126

Float

0.50

D-723810

2,118

Float

1.00

D-723812

2,200

Float

0.49

D-723813

2,100

Float

10.55

D-723814

2,268

Float

0.37

D-723815

2,030

Float

1.02

D-723816

2,249

Float

0.44

D-723817

2,012

Float

2.62

D-723818

1,945

Float

0.25

D-723819

1,927

Float

1.70

D-723820

1,962

Float

2.25

D-723821

1,979

Float

0.83

As per protocol, all sample locations were taken with GPS along with GPS enabled field cameras of photos of the sampled units. The photos, sample locations and all assay data pertaining to the assay taken, (36 elements were assayed) were tagged in a geo tag format for plotting in .kml / .kmz GIS systems such as Google Earth.

Additional releases on the 2022 exploration program of the Muskwa area will be forth coming in the following weeks.

QA QC Procedure

Analytical results of sampling reported by Fabled Copper Corp represent rock samples submitted by Fabled Copper Corp staff directly to ALS Chemex, Vancouver, British Columbia Canada. Samples were crushed, split, and pulverized as per ALS Chemex method PREP-31, then analyzed for ME-ICP61 33 element package by four acid digestion with ICP-AES Finish. ME-GRA21 method for Au and Ag by fire assay and gravimetric finish, 30g nominal sample weight.

Over Limit Methods

For samples triggering precious metal over-limit thresholds of 10 g/t Au or 100 g/t Ag, the following is being used:

Au-GRA21 Au by fire assay and gravimetric finish with 30 g sample.

Ag-GRA21 Ag by fire assay and gravimetric finish.

Fabled Copper Corp. monitors QA/QC using commercially sourced standards and locally sourced blank materials inserted within the sample sequence at regular intervals.

About Fabled Copper Corp.

Fabled Copper is a junior mining exploration company. Its current focus is to creating value for stakeholders through the exploration and development of its existing copper properties located in northern British Columbia. The Muskwa Project is 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
[email protected]

For further information please contact:
[email protected]

The technical information contained in this news release has been approved by Peter J. Hawley, P.Geo. President and C.E.O. of Fabled, who is a Qualified Person as defined in National Instrument 43-101 - Standards of Disclosure for Mineral Projects.

The Canadian Securities Exchange does not accept responsibility for the adequacy or accuracy of this release.

Certain statements contained in this news release constitute "forward-looking information" as such term is used in applicable Canadian securities laws. Forward-looking information is based on plans, expectations and estimates of management at the date the information is provided and is subject to certain factors and assumptions, including, that the Company's financial condition and development plans do not change as a result of unforeseen events and that the Company obtains any required regulatory approvals.

Forward-looking information is subject to a variety of risks and uncertainties and other factors that could cause plans, estimates and actual results to vary materially from those projected in such forward-looking information. Some of the risks and other factors that could cause results to differ materially from those expressed in the forward-looking statements include, but are not limited to: impacts from the coronavirus or other epidemics, general economic conditions in Canada, the United States and globally; industry conditions, including fluctuations in commodity prices; governmental regulation of the mining industry, including environmental regulation; geological, technical and drilling problems; unanticipated operating events; competition for and/or inability to retain drilling rigs and other services; the availability of capital on acceptable terms; the need to obtain required approvals from regulatory authorities; stock market volatility; volatility in market prices for commodities; liabilities inherent in mining operations; changes in tax laws and incentive programs relating to the mining industry; as well as the other risks and uncertainties applicable to the Company as set forth in the Company's continuous disclosure filings filed under the Company's profile at www.sedar.com. The Company undertakes no obligation to update these forward-looking statements, other than as required by applicable law.

SOURCE: Fabled Copper Corp.

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Company Update
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