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Latest News in Cave Creek, AZ

Faraday Copper Reports 52.38 metres at 1.05% Copper at Copper Creek in Arizona

VANCOUVER, BC / ACCESSWIRE / February 23, 2023 / Faraday Copper Corp. (" Faraday " or the " Company ") (TSX:FDY)(OTCQX:CPPKF) is pleased to announce the results from three drill holes at its Copper Creek Project, located in Arizona, U.S. ("Copper Creek"). The three holes were drilled to confirm either continuity of high-grade mineralization or the potential extension of known mineralization outside of the open pit mineral resource.Highlights...

VANCOUVER, BC / ACCESSWIRE / February 23, 2023 / Faraday Copper Corp. (" Faraday " or the " Company ") (TSX:FDY)(OTCQX:CPPKF) is pleased to announce the results from three drill holes at its Copper Creek Project, located in Arizona, U.S. ("Copper Creek"). The three holes were drilled to confirm either continuity of high-grade mineralization or the potential extension of known mineralization outside of the open pit mineral resource.

Highlights

Paul Harbidge, President and CEO, commented "The results from our ongoing Phase II drill program continue to improve our confidence in the continuity of the high-grade mineralization within the open pit resource and confirm extensions to depth."

Drill hole FCD-22-018was collared north of the Copper Knight breccia and drilled to the southwest, testing the Copper Prince breccia and surrounding areas. This high-grade mineralization occurs as chalcopyrite breccia cement within Copper Prince. Mineralization remains open at depth and is interpreted to be connected to the massive sulphide mineralization reported in the news release dated January 17, 2023 (Figures 1 and 2).

Drill hole FCD-22-017was collared north of the Copper Knight breccia at the same drill pad as FCD-22-018 but was drilled to the northeast. This hole was drilled into the granodiorite host rock where no previous drill data existed. Disseminated mineralization was intersected grading 0.24% copper over 19.62 m from 98.18 m. This interval occurs at the margin of the pit shell used for the Mineral Resource Estimate and has the potential to convert waste to ore.

Drill hole FCD-22-010was collared north of the Holly breccia and drilled to the south. The hole intersected pyrite-cemented breccia from approximately 158 m to 220 m. In addition, several breccia intervals of 0.5 m to 3 m widths contain pyrite and minor chalcopyrite between 241 m and 263 m. While no significant copper mineralization was returned, based on sulphide zonation, chalcopyrite is expected to increase with depth and therefore the lower Holly breccia remains a target.

Figure 1: Plan View Showing Drill Holes Reported in this News Release

Note: The open pit shell is based on constraints used in the MRE as presented in the report titled "NI 43-101 Technical Report Mineral Resource Estimate Copper Creek Project, Arizona" dated August 18, 2022 (the "Technical Report").

Figure 2: Cross Section Showing Drill Holes FCD-22-017 and FCD-22-018

Notes: All intercepts are reported as downhole drill widths. True widths are approximate due to the inherently irregular shape of mineralized domains.

Table 2: Collar Locations from the Drill Holes Reported Herein

Note: Coordinates are given as World Geodetic System 84, Universal Transverse Mercator Zone 12 north (WGS84, UTM12N).

Next Steps

Phase II drilling continues and is focussed on three objectives:

Fifteen drill holes have been completed and the results for six holes have been released to date. The assay results for additional completed drill holes will be released as they are received, analyzed and confirmed by the Company.

Sampling Methodology, Chain of Custody, Quality Control and Quality Assurance

All sampling was conducted under the supervision of the Company's geologists and the chain of custody from Copper Creek to the independent sample preparation facility, ALS Laboratories in Tucson, AZ, was continuously monitored. The samples were taken as ½ core, over 2 m core length. Samples were crushed, pulverized and sample pulps were analyzed using industry standard analytical methods including a 4-Acid ICP-MS multielement package and an ICP-AES method for high-grade copper samples. Gold was analyzed on a 30 g aliquot by fire assay with an ICP-AES finish. A certified reference sample was inserted every 20 th sample. Coarse blanks were inserted every 20 th sample. Approximately 5% of the core samples were cut into ¼ core and submitted as field duplicates. On top of internal QA-QC protocol, additional blanks, reference materials and duplicates were inserted by the analytical laboratory according to their procedure. Data verification of the analytical results included a statistical analysis of the standards and blanks that must pass certain parameters for acceptance to ensure accurate and verifiable results.

Qualified Person

The scientific and technical information contained in this news release has been reviewed and approved by Faraday's VP Exploration, Dr. Thomas Bissig, P. Geo., who is a Qualified Person under National Instrument 43-101 - Standards of Disclosure for Mineral Projects ("NI 43-101").

About Faraday Copper

Faraday Copper is a Canadian exploration company focused on advancing its flagship copper project in The United States of America. The Copper Creek project , located in Arizona, is one of the largest undeveloped copper projects in North America with open pit and bulk underground mining potential. The Company is well-funded to deliver on its key milestones and benefits from a management team and board of directors with senior mining company experience and expertise. Faraday trades on the TSX under the symbol "FDY".

For additional information please contact:

Stacey Pavlova, CFA Vice President, Investor Relations & CommunicationsFaraday Copper Corp.E-mail: info@faradaycopper.com Website: www.faradaycopper.com

To receive news releases by e-mail, please register using the Faraday website at www.faradaycopper.com.

Cautionary Note on Forward Looking Statements

Some of the statements in this news release, other than statements of historical fact, are "forward-looking statements" and are based on the opinions and estimates of management as of the date such statements are made and are necessarily based on estimates and assumptions that are inherently subject to known and unknown risks, uncertainties and other factors that may cause actual results, level of activity, performance or achievements of Faraday to be materially different from those expressed or implied by such forward-looking statements. Such forward-looking statements and forward-looking information specifically include, but are not limited to, statements concerning the exploration potential of the Copper Creek property.

Although Faraday believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements should not be in any way construed as guarantees of future performance and actual results or developments may differ materially. Accordingly, readers should not place undue reliance on forward-looking statements or information.

Factors that could cause actual results to differ materially from those in forward-looking statements include without limitation: market prices for metals; the conclusions of detailed feasibility and technical analyses; lower than expected grades and quantities of resources; receipt of regulatory approval; receipt of shareholder approval; mining rates and recovery rates; significant capital requirements; price volatility in the spot and forward markets for commodities; fluctuations in rates of exchange; taxation; controls, regulations and political or economic developments in the countries in which Faraday does or may carry on business; the speculative nature of mineral exploration and development, competition; loss of key employees; rising costs of labour, supplies, fuel and equipment; actual results of current exploration or reclamation activities; accidents; labour disputes; defective title to mineral claims or property or contests over claims to mineral properties; unexpected delays and costs inherent to consulting and accommodating rights of Indigenous peoples and other groups; risks, uncertainties and unanticipated delays associated with obtaining and maintaining necessary licenses, permits and authorizations and complying with permitting requirements, including those associated with the Copper Creek property; and uncertainties with respect to any future acquisitions by Faraday. In addition, there are risks and hazards associated with the business of mineral exploration, development and mining, including environmental events and hazards, industrial accidents, unusual or unexpected formations, pressures, cave-ins, flooding and the risk of inadequate insurance or inability to obtain insurance to cover these risks as well as "Risk Factors" included in Faraday's disclosure documents filed on and available at www.sedar.com.

This news release does not constitute an offer to sell or a solicitation of an offer to buy any securities in any jurisdiction to any person to whom it is unlawful to make such an offer or solicitation in such jurisdiction. This news release is not, and under no circumstances is to be construed as, a prospectus, an offering memorandum, an advertisement or a public offering of securities in Faraday in Canada, the United States or any other jurisdiction. No securities commission or similar authority in Canada or in the United States has reviewed or in any way passed upon this news release, and any representation to the contrary is an offence.

SOURCE: Faraday Copper Corp.

Topic:

Company Name Change

Arizona CTE needs to refocus on promises made to taxpayers

Recently I had the privilege of being a panelist on an Arizona Capitol Times webinar titled “The Future of Career and Technical Education in Arizona.” People from all across the great State of Arizona tuned in for a discussion on the history of CTE and where we see it heading in the future. One aspect that merits more discussion is the “why” behind the creation of Arizona’s Career Technical Education Districts (CTEDs) and how we are fulfilling promises made to voters and taxpayers.When CTEDs were...

Recently I had the privilege of being a panelist on an Arizona Capitol Times webinar titled “The Future of Career and Technical Education in Arizona.” People from all across the great State of Arizona tuned in for a discussion on the history of CTE and where we see it heading in the future. One aspect that merits more discussion is the “why” behind the creation of Arizona’s Career Technical Education Districts (CTEDs) and how we are fulfilling promises made to voters and taxpayers.

When CTEDs were created in 1990, vocational education in Arizona was mostly traditional shop and home economics classes offered in high schools. Educators at the time in Arizona’s largest school district, Mesa Public Schools, realized vocational education needed to improve in order to meet the demands of industry and ensure students were qualified and prepared to enter the workforce. This meant increasing the quality of these programs with equipment, supplies, and training that met the latest industry standards, training that would be too expensive for one school or district to provide on its own. They pursued legislation allowing districts to pool resources by forming one technical district, a plan which would have to be approved by voters, “for the purpose of improving CTE offerings and serving students more cost-efficiently.”

This is how and why the East Valley Institute of Technology – Arizona’s first CTED – was born. After the legislation passed, voters in 10 East Valley school districts agreed to tax themselves to create EVIT, a CTED that would provide higher-quality career training in a cost-efficient way to better prepare students for employment in the modern workforce. (Voters in the Cave Creek Unified School District agreed in a 2018 election to also join the EVIT CTED.)

Legislation allowed EVIT to build central campuses featuring the latest equipment and technology that students residing in any of the member districts could attend. It also afforded high schools in partnering districts to still offer some vocational classes, known as CTED satellite programs. Like the state’s other 13 CTEDs, EVIT receives funding through local, state and federal sources based on student enrollment. The EVIT CTED levies a property tax of 5 cents per $100 of secondary net assessed property valuation and also qualifies for basic state aid to fund its central campuses. The EVIT CTED’s member school districts receive pass-through dollars from the CTED to support their satellite CTE courses.

CTE is one component of public education in which outcomes can be measured immediately. Students take state skills assessments to verify their attainment of technical knowledge and skills in a particular occupation or industry, and most programs prepare students to take a professional certification or licensing exam such as the Certified Nursing Assistant exam through the Arizona Board of Nursing or the Cosmetology exam through the state Board of Cosmetology. We are also required to track the placement of our students in college, the military, or jobs related to their training after they graduate from high school. But none of these outcomes are possible if students don’t persist from the first course of a program to the next.

In the EVIT CTED, we see large numbers of students enrolling in the first course of satellite programs, but not persisting to the second course in the program. The number of students declines further from the second course to the third. We also see this pattern to a lesser extent in some of our central campus programs. This does not improve CTE, is not providing CTE in a cost-efficient manner, and does not help build a workforce for Arizona industries in dire need of skilled workers and professionals. It does not meet the promises that were made to taxpayers.

The EVIT Governing Board has begun addressing this issue by taking a closer look at which central campus programs should continue to be offered and whether to approve new satellite programs in our school districts, especially if those programs are already offered at a central campus. It does not make sense, and is poor stewardship of tax dollars, to continue expanding or duplicating programs in which students do not persist to a viable outcome. Our taxpayers deserve better and students deserve better.

Career and technical education is a wonderful thing when it is done right. It raises graduation rates by keeping students engaged in learning that is relevant to them. It gives students a leg up on being prepared for the workforce and college. For students who do not intend to go to college, CTE is their preparation for employment upon graduation from high school. But expanding CTE so more students can be placed into electives, students who may have no intention of making that elective their career path, is not the promise we made to our communities and taxpayers over 30 years ago. It does not match the “why” for which CTEDs were created.

Dr. Chad Wilson is superintendent of the East Valley Institute of Technology, a Career Technical Education District serving students who reside in the Apache Junction, Cave Creek, Chandler, Fountain Hills, Gilbert, Higley, J.O. Combs, Kyrene Elementary, Mesa, Queen Creek, Scottsdale, Tempe Elementary and Tempe Union districts.

Missing hiker found dead near Cave Creek trail

60-year-old Kathleen Patterson has been missing since Sunday. There are no signs of foul play, officials say.CAVE CREEK, Ariz. — Volunteer searchers found the body of Kathleen Patterson, who had been missing since Sunday. Patterson, 60, was last seen at her home before going on a hike at the Spur Cross conservation area near Cave Creek, authorities said.According to the Maricopa County Sheriff's Office, Kathleen was declared missing on Sunday evening around 9:00 p.m.Authorities announced Wednesday morning that she ...

60-year-old Kathleen Patterson has been missing since Sunday. There are no signs of foul play, officials say.

CAVE CREEK, Ariz. — Volunteer searchers found the body of Kathleen Patterson, who had been missing since Sunday. Patterson, 60, was last seen at her home before going on a hike at the Spur Cross conservation area near Cave Creek, authorities said.

According to the Maricopa County Sheriff's Office, Kathleen was declared missing on Sunday evening around 9:00 p.m.

Authorities announced Wednesday morning that she had been found deceased off-trail by a volunteer searcher in the Spur Cross conservation area around 8 a.m.

Officials say that there appear to be no signs of foul play at this time.

>> Download the 12News app for the latest local breaking news straight to your phone.

RELATED: Arizona doctor dies after hiking in extreme heat near Cave Creek

RELATED: Arizona woman dies at Grand Canyon during backpacking trip

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Swearingen instrumental in Bothwell Foundation transformation

For 11 years, Stafford Swearingen has been a fixture at Bothwell Regional Health Center, serving in many volunteer roles. He joined the Bothwell Foundation Board of Directors in 2011 and held terms as vice president and president. In 2019 Swearingen was appointed to the Bothwell Board of Trustees yet remained on the foundation board as trustee liaison.After moving out of state in December, Swearingen left his trustee position; however, he is still a Bothwell Foundation board member.Lauren Thiel-Payne, foundation executive direc...

For 11 years, Stafford Swearingen has been a fixture at Bothwell Regional Health Center, serving in many volunteer roles. He joined the Bothwell Foundation Board of Directors in 2011 and held terms as vice president and president. In 2019 Swearingen was appointed to the Bothwell Board of Trustees yet remained on the foundation board as trustee liaison.

After moving out of state in December, Swearingen left his trustee position; however, he is still a Bothwell Foundation board member.

Lauren Thiel-Payne, foundation executive director, said Swearingen’s decade-long leadership has been instrumental in the foundation’s success and plans, citing his genuine warmth, community connections and desire to lead by example.

“Stafford is so welcoming to everyone and is an amazing asset to our board,” she said. “His knowledge of Sedalia — the history, community, businesses, really everything, has been so beneficial to me as well as the hospital. He also is the first to volunteer for an event, participate in new ideas and be there to lend a helping hand.”

Over the past 18 months, the foundation has focused on growing its volunteer base by moving away from multiple events to increasing awareness of the health center, creating giving programs that anyone can participate in and thereby increasing the amount of support the foundation provides Bothwell. Thiel-Payne said one of Swearingen’s greatest accomplishments on the board has been his involvement in that transformation.

“Stafford wholeheartedly believed in the need to elevate the foundation and promised to recruit six new board members and help recruit six committee chairs,” she said. “He has stayed true to his word and helped us accomplish those goals.”

Swearingen said making the decision to change the direction of the foundation was easy and means ensuring the future of Bothwell Regional Health Center.

“Our hospital cannot survive in its current form without a thriving, growing and prospering foundation to financially support it,” he said. “Bothwell’s payer mix, which is the percentage of revenue that comes from private insurance, government insurance and self-pay patients, and the changing employment picture dictate an alternate source of funds for the hospital to continue to provide the services needed to keep our patients close to their homes and families.”

The foundation is a nonprofit organization formed in 2005 to assist Bothwell Regional Health Center and provide resources to keep health care local, state-of-the-art and close to home. In 17 years, more than $4.5 million has been given to Bothwell by the foundation through fundraising, special events and sound investments.

The foundation’s new structure has added six volunteer-led committees, including Special Prospects, Annual Giving, Community Relations, Employee Giving, Business Relations and Planned Giving. Adding in existing Wear Red for Women and Lub Dub committees, foundation volunteers now total more than 100. With a team that includes just one full-time and one part-time paid foundation staff members, recruiting volunteer talent and resources is critical to the organization’s ability to create awareness and raise funds.

“For the foundation to thrive, we have to have a strong volunteer base,” Thiel-Payne said. “We rely on volunteers to drive our committees, help share our message with the community and support our mission. We wouldn’t be here without our volunteers.”

While COVID-19 placed incredible financial strains on Bothwell for the last three years, Swearingen is confident Bothwell is in good hands.

“These people are the best,” he said. “The current leadership team, hospital and foundation boards, employees and volunteers are doing everything they can to ensure that those who need medical care are going to receive the best care they can deliver with the resources available. We simply need this hospital to flourish if our community is to grow and thrive.”

While Swearingen and his wife, Gena, now live in Cave Creek, Arizona, it doesn’t mean he won’t still be involved in the community and the foundation as a board member.

“It has truly been an honor to serve on the foundation and trustees’ boards and give back to an institution that has done so much for my family when needed,” he said. “Now, I’m just a regular Joe, but hopefully still contributing and making a difference.”

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Senita on Cave Creek rental community sells for $109.5M

Draper and Kramer, Incorporated, a national full-service real estate firm, today announced it has added to its national portfolio of multifamily properties with the purchase of Senita on Cave Creek, a 15-building, 240-unit luxury rental community at 23555 N. Desert Peak Parkway in Phoenix. This is the company’s first property acquisition in Arizona.The sale price was $109,500,000, according to ...

Draper and Kramer, Incorporated, a national full-service real estate firm, today announced it has added to its national portfolio of multifamily properties with the purchase of Senita on Cave Creek, a 15-building, 240-unit luxury rental community at 23555 N. Desert Peak Parkway in Phoenix. This is the company’s first property acquisition in Arizona.

The sale price was $109,500,000, according to Vizzda.

READ ALSO: 3.32 acres of land at Tempe Town Lake sells for $33.75M

Completed in 2018, Senita on Cave Creek offers 10 floor plans across its mix of 1-, 2-, and 3-bedroom units. Located in a sought-after area just north of the Loop 101 and State Route 51 interchange, approximately 25 minutes from downtown Phoenix, the community gives residents easy access to the city and neighboring Scottsdale, as well as the many cultural, entertainment, dining and recreation options in the property’s immediate vicinity.

“As we continue to expand our footprint nationally by investing in new markets, our focus is on high-quality assets in growth markets – so it was a natural fit for us to look at Phoenix, which was the fastest- growing big city in America between 2010 and 2020 according to the U.S. Census Bureau and has since continued to experience population growth,” said Blas Puzon, chief investment officer with Chicago-based Draper and Kramer.

Apartments at Senita on Cave Creek measure from 640 to 1,353 square feet and feature open layouts, gourmet kitchens, vaulted ceilings with crown molding, hardwood-style flooring, walk-in closets, full-size in-unit laundry, and balconies or patios in select units. Residents have access to an extensive amenities package that includes a resort-style pool with cabanas, 24-hour fitness center, spin/yoga room with Peloton bikes, pet park and indoor wash station, bike storage room, outdoor gaming area, and covered and garage parking. The property offers scenic views of the Phoenix Sonoran Preserve and surrounding mountains and is in close proximity to nearby nature walking paths and hiking trails.

“With its newer construction and best-in-class amenities, paired with a central location near job opportunities, leisure activities and local attractions, Senita on Cave Creek checks all the boxes in terms of the features and lifestyle today’s renters are seeking,” said Jack Bierwirth, vice president, investment management, with Draper and Kramer. “That made this acquisition a solid investment for us and an ideal complement to our portfolio as we evaluated opportunities to enter the Phoenix market.”

Draper and Kramer has enlisted Mission Rock to provide third-party property management services for Senita on Cave Creek. Rents start at $1,669. For leasing information, visit www.senitacavecreekapts.com.

A leading privately held developer, owner and manager of multifamily properties, Draper and Kramer’s portfolio includes 6,000 units across rental communities in Chicago, Dallas, Phoenix and St. Louis.

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