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Fabled Copper’s OHM Property Discovery Unveils Exciting Lithium Prospects

Posted by Brittany McNabb at 8:48 AM on Wednesday, September 20th, 2023

In a recent development, Fabled Copper Corp. (CSE:FABL)(FSE:XZ7) has revealed the promising results of its first-phase sampling program on the OHM Property, situated in the resource-rich region of Quebec. This news is sparking interest among investors and industry enthusiasts as the company unveils a wealth of untapped potential.

Uncovering the OHM Property

The OHM Property, a vast expanse covering 2,856 hectares approximately 70 kilometers south of Val D’Or, has long remained under the radar. However, Fabled Copper’s groundbreaking exploration has shed light on this hidden treasure trove. The property’s strategic location, with easy access via route 117 and forestry roads 43 and 44, coupled with excellent outcrop visibility due to extensive logging, makes it an enticing prospect.

Pioneering Exploration

In late July 2023, following a forest fire-induced hiatus, Fabled Copper initiated its exploration sampling program with several key objectives in mind:

  • Assess accessibility and field conditions.
  • Identify the presence of pegmatites across the property.
  • Determine whether these pegmatites are boulders, glacial trains, or in situ outcrops.
  • Analyze the characteristics of discovered pegmatite boulders.
  • Investigate the presence of lithium and associated minerals within these boulders.
  • Decide on the viability of further exploration endeavors.

Discovering Lithium Potential

Over the course of a week in July, Fabled Copper collected 19 samples, covering an impressive 8 kilometers by 2 kilometers area of the property. These samples included a variety of angular and rounded pegmatite boulders. Notably, the central region of the property exhibited pegmatite outcroppings of undetermined dimensions.

Detailed geologic observations revealed a fascinating composition of pegmatites across various sectors, with crystal sizes of associated minerals hinting at low-temperature crystallization. Furthermore, the central area displayed promising K/Rb ratios and elevated lithium and cesium levels, indicators of lithium fertility.

The Path Forward

Fabled Copper’s initial success is just the beginning. With hundreds of pegmatite boulders yet to be sampled, unexplored outcroppings, and substantial data from Quebec’s Ministere des Ressources naturelles et des Forets SIGEOM database, the company is gearing up for a Second Phase Exploration Program. This phase will involve comprehensive data analysis, detailed sampling, structural mapping, and more, underscoring Fabled Copper’s commitment to unlocking the OHM Property’s full potential.

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VIDEO: Fabled Copper $FABL Meeting The Future Demand For Copper By Making Discoveries Today

Posted by AGORACOM at 4:35 PM on Wednesday, January 5th, 2022


The World Needs Copper: Global Copper Consumption Outstripping Supply

“A new energy vehicle (EV) needs 80kg of Copper compared with 23kg in an internal combustion engine vehicle” Kitco

Demand for Copper is projected to rise by 5% yearly, outstripping supply which is projected to increase by 2.3% yearly

This is why brand new Fabled Copper’s mandate is to explore and define high level and high-grade copper resources in Northern BC. ( which also happens to be a tier one exploration jurisdiction). Their main focus is the Muskwa property with a high grade mining history containing a minimum of 22 documented copper occurrences of which 4 are defined deposits with historical reserves and resources.

Fabled is taking an aggressive exploration approach and are already outlining a drill program for the 22 field season.

Here are some of the documented copper occurrences in 3 separate claim blocks (Neil, Toro, Bronson) and you can see why Fabled is intent on taking a aggressive approach to exploration and development. The project boast highgrade copper and lots of it.

Neil: 10 Copper occurrences with the Neil vein 19 metres wide, visible for more than 1,000 metres vertically & has assayed 10.2% copper over 3.0 metres

Davis-Keays: Historical Indicated reserve *of 3.7 million tons at 2.5% Copper cut-off grade or an estimated 1.4million tons at 3.42% Copper

Toro-Churchill: – sampling returned 8.8% copper over a width of 19 meters and strike length of 133 meters

Magnum Vein: developed and mined from 1970 to 1974 milling 549,000 tons grading 3.00 % Copper – stopped due to low copper prices

And if that doesn’t help identify the discovery opportunity, have a look at the combined experience amongst the management team, over 200 years’ combined exploration experience; and with that comes knowledge, lots of it. They are using their experience with cutting edge technologies to exploit the significant exploration upside. The use of drones has been prevalent throughout the 2021 exploration program and combined with the use of LIDAR and modern geophysics, the team plans on using the information gained to lead a very aggressive 2022 program that will include drilling.

At a time when Copper is breaking out and trending within the 4.20 to 4.80 price range; up over 100% since early 2020, Fabled shareholders received a generous Christmas present from Peter Hawley, President & CEO as the company embarks on delivering the Copper supply needed for the needs of tomorrow.

Sit back and enjoy this fantastic video as Peter walks us through the next emerging Copper growth story of 2022 and beyond.

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