Highlights (TL; DR)

• British Columbia (B.C.) is Canada's largest producer of copper, a critical mineral for the digital economy and energy transition.
• Miners in B.C. spent $235 million on copper exploration in 2022, signaling a promising future for the mining industry.
• There has been record spending on mineral exploration in 2022, with eight new mines or mine expansions in the queue worth a total investment of C$6.6 billion ($4.9bn), most of which are either gold mines or copper-gold projects.
• Teck Resources' Highland Valley Copper Mine and Taseko Mines Ltd's Gibraltar Mine are two of the most promising copper mines in the world and are valuable contributors to the Canadian economy and the global copper mining industry.
• Fabled Copper Corp. is a junior mining exploration company in northern British Columbia with a dedicated management team, including CEO and co-founder Peter Hawley, which has produced encouraging results with exciting surface field work.
• Fabled Copper Corp.'s Muskwa Copper Project, consisting of 76 claims in northern British Columbia, has produced exciting results with surface field work indicating grades above 10%, with one reaching as high as 29.3%.

British Columbia (B.C.) is playing a vital role in Canada's mining industry as the largest producer of copper, a critical mineral identified in Canada's new federal Critical Minerals Strategy, and an important resource for the digital economy and energy transition. In 2022, miners in B.C. spent $235 million on copper exploration, almost double the amount spent in 2021, signaling a promising future for the mining industry.

Record Mineral Exploration Spending and Investment

Mining is a crucial part of British Columbia's economy, with the province producing more than half of Canada's copper. In 2022, there has been record spending on mineral exploration, with eight new mines or mine expansions in the queue worth a total investment of C$6.6 billion ($4.9bn). Most of these projects are either gold mines or copper-gold projects, highlighting the importance of these minerals to the province's economy.

With copper playing a critical role in renewable energy technologies, British Columbia's significant copper resources could be a major contributor to the province's transition to a low-carbon future.

The province of British Columbia in Canada is home to two of the most promising copper mines in the world - Teck Resources (TSX: TECK.A and TECK.B, NYSE: TECK)' Highland Valley Copper Mine and Taseko Mines Ltd(TSX: TKO)'s Gibraltar Mine. Highland Valley Copper Mine is the largest copper-producing mine in Canada, with an estimated production of 130.5 thousand tonnes of copper in 2021. The mine has a track record of excellence and is expected to continue operating until 2040. Gibraltar Mine is the second-largest copper-producing mine in Canada, with an estimated production of 56.7 thousand tonnes of copper. Both mines are committed to delivering superior quality copper and are valuable contributors to the Canadian economy and the global copper mining industry.

Fabled Copper Corp.'s Muskwa Copper Project

Fabled Copper Corp. (CSE: FABL; FSE: XZ7), a junior mining exploration company, is dedicated to creating value for its stakeholders through the exploration and development of its existing copper properties in northern British Columbia. The Muskwa Project consists of 76 claims in two non-contiguous blocks, totaling approximately 8,064.9 hectares, situated in the Liard Mining Division in northern British Columbia.

Fabled Copper's management team includes CEO and co-founder Peter Hawley, director David Smalley, and director Luc Pelchat. The CEO and co-founder, Peter Hawley, has over 35 years of mining experience and has been engaged in the development and production of various mining projects. He co-founded Scorpio Mining Corporation, Scorpio Gold Corp, and Niogold Resource Inc. The team's combined experience and skills in the mining industry and corporate finance positions them well to drive Fabled Copper Corp's success.

Exciting Surface Field Work Results

Fabled Copper Corp. has shared exciting news regarding the results of their 2022 surface field work on the Muskwa Copper Project. Several samples were found to have grades above 10%, with one reaching as high as 29.3%. The eastern extension of the Eagle Creek copper occurrence is situated on the Neil Property, roughly 1.5 kilometers east of the 6400 Eagle Vein adit, where a 2022 underground light detection and ranging (LIDAR) survey was completed. Eagle Creek flows northward into Yedhe Creek and is located in the same valley that contains the eastern end of the 6400 adit and Eagle Vein exposure, located on the west cliff face of the valley.

In conclusion, British Columbia's mining industry is experiencing considerable expansion, with record mineral exploration spending and investment. As Canada's largest copper producer, British Columbia is well-positioned to meet rising demand for this critical mineral and contribute to a more sustainable future. Muskwa Copper Project of Fabled Copper Corp.(CSE: FABL; FSE: XZ7) has produced encouraging results with exciting surface field work, suggesting its potential as a valuable contribution to the province's mining economy.

Disclaimer: Please be aware that this is not financial advice and that you should conduct due diligence before investing. Fabled Copper Corp is a paid marketing client of Machai Capital (thegoldstocks.com).

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Written By: Thegoldstocks.com

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