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Fabled Copper Corp (2)
Symbol FABL
Shares Issued 21,745,173
Close 2023-10-16 C$ 0.07
Market Cap C$ 1,522,162
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Fabled Copper samples up to 110.50 ppm Li at Volt 1

2023-10-17 12:42 ET - News Release

Mr. Peter Hawley reports

FABLED COPPER SAMPLES THREE ROAD SIDE LITHIUM BEARING PEGMATITE OUTCROPS ON VOLT 1 PROPERTY, QUEBEC

Fabled Copper Corp. has begun a first-phase sampling program on the Volt 1 property in Quebec.

The Volt 1 property comprises nine contiguous cells with a total size of 504 hectares. The Volt 2 property comprises two contiguous cells nearby with a total size of 112 hectares. Both properties are located due east of the village of Miquelon, Que., and are surrounded by Mosaic Minerals Corp.'s Lithium SM project.

Preamble

The late spring and summer of 2023 have been challenging due to forest fires in Northern Quebec and as a result work in the forest was prohibited. In late July, 2023, the ban was lifted for one day in the area of the Volt 1 property area and a first-phase exploration sampling program was conducted over a period of half a day due to locating property access. The main objectives of the program were as follows:

  1. Accessibility, road conditions, field conditions;
  2. Do reported pegmatites exist and over what area;
  3. If pegmatites are found, are they boulders, glacial trains or in situ outcrops;
  4. Do the boulders and/or outcrops contain lithium and/or associated subset of minerals and are the concentration of minerals associated with a particular type of texture, fine grained versus coarse grained;
  5. Do the results warrant and more comprehensive field program.

Discussion on the findings

During late July, 2023, the Volt 1 property was prospected and sampled over a half day and samples 28921 to 28923 were collected over an area of approximately 500 metres in length.

The purpose of the sampling to was obtain typical pegmatite samples over the greatest area possible, in the fastest time possible due to travel distance back to Val d'Or. The three samples taken on outcropping pegmatites on a west-trending road in the central portion of the property are by no means indicative of the property potential.

The volume of visible surface outcroppings on the higher portion of the property should allow a proper property wide evaluation.

The central three outcrops sampled were composed of fine-grained pegmatite. LCT (lithium-cesium-tantalum) pegmatites comprise a compositional defined subset of granitic pegmatites. The majority minerals are quartz, potassium feldspar, albite and muscovite, all present in the pegmatites.

LCT pegmatites crystallize at remarkably low temperatures (about 350 to 550 degrees) in a short period of time, thus the large crystal sizes of associated minerals.

Early-stage reconnaissance in the central part of the property has confirmed the presence of lithium (Li), cesium (Cs), tantalum (Ta), rubidium (Rb), beryl (Be), potassium (K) and niobium (Nb) in all three samples except for sample 28921 which lacked Ta.

Of the three samples, No. 28922 was very elevated compared with the other two samples.

Next step forwards

With only three samples taken over the entire property, mineral assays of interest and excellent road access in the central sector and as seen by Google Earth widespread outcrop is yet to be sampled. A second-phase exploration program has already begun with a team currently in the field.

About Fabled Copper Corp.

Fabled is a junior mining exploration company. Its current focus is to creating value for stakeholders through the exploration and development of its existing drill-ready copper properties located in Northern British Columbia. The company's current property package consists of the Muskwa project and the Bronson property and comprises approximately 16,219 hectares in three non-contiguous blocks and located in the Liard mining division in Northern British Columbia.

The company is also seeking to broaden and diversify its portfolio. The company has acquired the Volt 2 lithium property, located in Miquelton, Que., and has options to acquire the OHM property, located in Val d'Or, Que., and the Volt 1 property located in the Miquelton, Que.

We seek Safe Harbor.

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