Fabled Reports on UAV Drone Mission on the Bronson Property Book 6 Copper Occurrence

VANCOUVER, June 8, 2022 - Fabled Copper Corp. ("Fabled Copper" or the "Company") (CSE:FABL)(FSE:XZ7) announces additional results of 2021 surface field work on its Muskwa Copper Project. See Figure 1 below.

Figure 1 - General Property Location

The Project is comprised of the Neil, Toro and Bronson Properties in northern British Columbia. See Figure 2 below.

Figure 2 - Location Map

Peter Hawley, President, CEO reports; "To date we have reported on the sampling of 14 copper occurrences, related drone UAV missions and ground geophysics on the Neil Property. This completes the 2021 work on the Neil and now we will report on the 2021 work on the Bronson property to the south of the Neil." See Figure 3 below.

Figure 3 - Bronson Property, Book 6 Location

The Bronson property comprises 4 mineral tenures covering approximately 2,524.6 hectares where the key objectives of the 2021 work program were to:

i) Carry out a field campaign consisting of reconnaissance prospecting across the Bronson claims.

ii) Complete a focused program at the Book 6 vein target consisting of detailed sampling, Very Low Frequency Electromagnetic and ground magnetometer geophysical surveys and a UAV photogrammetry survey.

iii) Conduct alteration mineral mapping and targeting using Visible Near Infrared (VNIR), Shortwave Infrared (SWIR) and Thermal Infrared (TIR) Advanced Spaceborne Thermal Emission and Reflection Radiometer (ASTER) multispectral satellite data.

A total of 56 person days were spent on the property with 199 rock samples taken on 7 areas prospects which are the; Book 6, Book 9, B00k 10, 428 Central, 428 South, PJ105 and PJ100. See Figure 4 below.

Figure 4 - Bronson Property, Area of 2021 Prospecting

We will begin our discussion of the Bronson property with the Book 6 property where an unmanned Aerial Vehicle (UAV) photogrammetry survey was conducted over the Book 6 vein target on August 14, 2021. The purpose of the UAV photogrammetry survey was to:

(i) Generate high resolution photogrammetry datasets for the vein target to better understand bedrock controls on copper mineralization.

(ii) Generate high resolution Digital Terrain Models (DTMs) to assist with 3D modelling of the targets.

(iii) Generate baseline imagery to record current state of surface disturbance at sites that will be actively explored in coming years.

Equipment used to carry out UAV photogrammetry surveys consisted of a DJI Phantom 4 Pro v2.0 optical 20-megapixel camera drone with both a mechanical shutter and an upgraded rover L1/L2 Global Navigation Satellite System (GNSS) receiver. A multi - frequency Sunnav G10 base station was set to allow for PPK corrections of the UAV rover receiver location information. See Figure 5 below.

Figure 5 - Bronson Property, Book 6 UAV Drone Survey Equipment

A GNSS base station was setup in the center of the mapping area prior to surveying. The area was traversed on foot to conduct line-of-site photogrammetry surveys on August 14, 2021. Ground control point (GCP) data were acquired during surveying. Four terrain-following UAV missions were carried out to survey the Book 6 target. A total of 861 photographs were acquired during surveying and the final GSD`s (resolution) were 3.02 cm for the orthomosaic and 6.04 cm for the digital surface model (DSM). Final spatial resolution of the DSM is dependent on the level of detail in point cloud generation. For the Book 6 survey area, a finer resolution DSM was generated due to the more subdued relief. See Figure 6 below.

Figure 6 - Bronson Property, Book 6 UAV Drone Mission Survey Area Data Points

Data products generated included 3 cm resolution color orthophoto mosaics, Digital Surface Models (DSM) and Digital Terrain Models (DTM). Hillshade models were also generated for each target area. For the Hillshade model an illumination of 315 degrees was applied with 6 cm resolution. Survey grade accuracy for the final model's horizontal accuracy was 3.02 - 6.02 cm and final model vertical accuracy was 6.04 - 18.12 cm. See Figures 7, 8 below.

Figure 7- Bronson Property, Book 6 Color Orthophoto Digital Model, 3 cm Resolution

Figure 8- Bronson Property, Book 6 Hill Shade Digital Model, 6 cm Resolution

The data generated was used for in-field targeting of visual copper occurrences on the color orthophoto due to the 3 cm resolution which led to field examination of the mineralization and the sampling of the Book 6 vein where a total of 113 samples were collect as a first pass evaluation. Press link here to view Bronson Property Book 6 Vein drone flight mission.

Going Forwards

Using the results of the data gathered by the UAV drone mission in the 2021 field season the field crew will further evaluate the Book 6 copper occurrence.

Additional releases on the Book 6 sampling and ground geophysics. property will be forth coming in the following weeks.

QA QC Procedure

Analytical results of sampling reported by Fabled Copper Corp. represent rock samples submitted by Fabled Copper Corp. staff directly to ALS Chemex, Vancouver, British Columbia Canada. Samples were crushed, split, and pulverized as per ALS Chemex method PREP-31, then analyzed for ME-ICP61 33 element package by four acid digestion with ICP-AES Finish. ME-GRA21 method for Au and Ag by fire assay and gravimetric finish, 30g nominal sample weight.

Over Limit Methods

For samples triggering precious metal over-limit thresholds of 10 g/t Au or 100 g/t Ag, the following is being used:

Au-GRA21 Au by fire assay and gravimetric finish with 30 g sample.

Ag-GRA21 Ag by fire assay and gravimetric finish.

Fabled Copper Corp. monitors QA/QC using commercially sourced standards and locally sourced blank materials inserted within the sample sequence at regular intervals.

About Fabled Copper Corp.

Fabled Copper is a junior mining exploration company. Its current focus is to creating value for stakeholders through the exploration and development of its existing copper properties located in northern British Columbia. The Muskwa Project comprises a total of 76 claims in two non-contiguous blocks and totals approximately 8,064.9 hectares, located in the Liard Mining Division in northern British Columbia.

Mr. Peter J. Hawley, President and C.E.O.
Fabled Copper Corp.
Phone: (819) 316-0919
peter@fabledcopper.org

For further information please contact:

info@fabledcopper.org

The technical information contained in this news release has been approved by Peter J. Hawley, P.Geo. President and C.E.O. of Fabled, who is a Qualified Person as defined in National Instrument 43-101 - Standards of Disclosure for Mineral Projects.

The Canadian Securities Exchange does not accept responsibility for the adequacy or accuracy of this release.

Certain statements contained in this news release constitute "forward-looking information" as such term is used in applicable Canadian securities laws. Forward-looking information is based on plans, expectations and estimates of management at the date the information is provided and is subject to certain factors and assumptions, including, that the Company's financial condition and development plans do not change as a result of unforeseen events and that the Company obtains any required regulatory approvals.

Forward-looking information is subject to a variety of risks and uncertainties and other factors that could cause plans, estimates and actual results to vary materially from those projected in such forward-looking information. Some of the risks and other factors that could cause results to differ materially from those expressed in the forward-looking statements include, but are not limited to: impacts from the coronavirus or other epidemics, general economic conditions in Canada, the United States and globally; industry conditions, including fluctuations in commodity prices; governmental regulation of the mining industry, including environmental regulation; geological, technical and drilling problems; unanticipated operating events; competition for and/or inability to retain drilling rigs and other services; the availability of capital on acceptable terms; the need to obtain required approvals from regulatory authorities; stock market volatility; volatility in market prices for commodities; liabilities inherent in mining operations; changes in tax laws and incentive programs relating to the mining industry; as well as the other risks and uncertainties applicable to the Company as set forth in the Company's continuous disclosure filings filed under the Company's profile at www.sedar.com. The Company undertakes no obligation to update these forward-looking statements, other than as required by applicable law.

SOURCE: Fabled Copper Corp.