Faraday Copper Signs Letter of Intent to Acquire BHP's San Manuel Property in Arizona, Creating a Multi-Asset Copper District in the USA

Core Viewpoint - Faraday Copper Corp. has entered into a non-binding letter of intent with BHP Group Limited for the acquisition of the San Manuel property, which is adjacent to Faraday's Copper Creek project in Arizona [1] Company Summary - Faraday Copper Corp. is pursuing a proposed transaction to acquire 100% of the San Manuel property from BHP [1] - The acquisition is contingent upon negotiating a definitive purchase and sale agreement and obtaining necessary approvals [1] Industry Context - The transaction highlights ongoing consolidation trends in the mining sector, particularly in copper resources, as companies seek to enhance their project portfolios [1]