Copper Fox Metals Inc.

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Copper Fox is a Canadian based resource company focussed on value creation through acquisition, exploration and development of potentially low cost, large polymetallic porphyry copper projects in Canada and the United States. Our business model is conservative and guided by technical and economic...

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Copper Fox Metals Inc.

publicPublicGroup

Copper Fox is a Canadian based resource company focussed on value creation through acquisition, exploration and devel......

people9 Members       (0)

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8020Admin

5 hours

8020Admin posted a press release Copper Fox Commences Updated Resource Estimate on the Van Dyke Copper Project in COPPER FOX METALS INC.

Calgary, Alberta--(Newsfile Corp. - July 17, 2019) - Copper Fox Metals Inc. (TSXV: CUU) (OTC Pink: CPFXF) ("Copper Fox" or the "Company")  and its wholly owned subsidiary, Desert Fox Copper Inc. ("Desert Fox") are pleased to provide shareholders an update of activities and analytical results for the Van Dyke In-Situ Leach ("ISL") oxide copper project (see news release May 28, 2019).


Highlights:



  • Moose Mountain Technical Services ("MMTS") has been retained to complete an updated resource estimate for the Van Dyke copper deposit.

  • MMTS completed the Preliminary Economic Assessment of the Van Dyke copper deposit in 2015 and the maiden resource estimate in 2014.

  • The four drill holes reported in this news release were previously reported to contain no soluble copper greater than 0.05%.

  • DDH-UVD-14 returned an average of 0.445% acid soluble copper ("ASCu") over a 79.09 meter ('m') core interval including a 6.25m interval grading 1.008% ASCu.

  • The additional sampling extended the mineralized intervals reported from the Phase I sampling program in six drill holes with increases ranging from 11.0m to 47.2m.


Elmer B. Stewart, President and CEO of Copper Fox, stated, "The analytical results from the Phase II sampling program along with a more robust geological model were the basis for the decision to proceed with an updated resource estimate. The updated estimate will include the drill holes listed in this news release along with five additional drill holes that were excluded from the maiden resource estimate for the Van Dyke copper deposit."


The weighted average acid soluble copper concentrations using a 0.05% ASCu cutoff for the last four drill holes from the Phase II analytical program reported in this news release are shown below. To compare the weighted average grades for the historical and 2019 analytical results, the analytical results from the historical database were weight averaged over the same interval corresponding to the 2019 interval.


Read more here: https://www.quotemedia.com/portal/quote?qm_symbol=CUU%3ACA&qmodStoryID=5791069897227839 

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8020Admin

8 days

8020Admin posted a press release Copper Fox Announces Initial Phase II Analytical Results from Van Dyke Oxide Copper Deposit in COPPER FOX METALS INC.

Calgary, Alberta--(Newsfile Corp. - July 9, 2019) - Copper Fox Metals Inc. (TSXV: CUU) (OTC Pink: CPFXF) ("Copper Fox" or the "Company")  and its wholly owned subsidiary, Desert Fox Copper Inc. ("Desert Fox") are pleased to announce the initial results (469 samples) from the Phase II analytical program on the Van Dyke In-Situ Leach oxide copper deposit (see news release May 28, 2019).


Highlights:



  • DDH-OXY-17B returned an average of 0.297% acid soluble copper ("ASCu") over a 137.40m core interval including a 14.93m interval grading 1.022% ASCu.

  • DDH OXY-29 returned an average of 0.362% ASCu over a 144.48m including a 25.64m core interval grading 0.839% ASCu.

  • 7 of the 8 drill holes reported in this news release returned significantly thicker mineralized intervals compared to the historical mineralized intervals.

  • The ASCu/TCu ratio for holes reported in this news release averaged 73.1% compared to 60.7% in the historical database.


Elmer B. Stewart, President and CEO of Copper Fox, stated, "The Phase II analytical program continues to return higher concentrations of acid soluble copper over significantly thicker mineralized intervals compared to the historical database. Updating of the geological model for the Van Dyke oxide copper deposit has significantly increased confidence in understanding the controls on the mineralization. Contingent on receipt of all analytical results from the Phase II analytical program, Copper Fox will assess the possibility of completing an updated resource estimate for the project."


The weighted average acid soluble copper concentrations using a 0.05% ASCu cutoff for the drill holes reported in this news release are shown below. To compare the weighted average grades between the historical and 2019 analytical results, the analytical results from the historical database were weight averaged over the same interval corresponding to the 2019 interval.


Read more here:  https://www.quotemedia.com/portal/quote?qm_symbol=CUU%3ACA&qmodStoryID=7609185635259246 

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8020Admin

19 days

8020Admin posted a press release Copper Fox Announces 2019 Second Quarter Operating and Financial Results in COPPER FOX METALS INC.

Calgary, Alberta--(Newsfile Corp. - June 28, 2019) - Copper Fox Metals Inc. (TSXV: CUU) (OTC Pink: CPFXF) ("Copper Fox" or the "Company") is pleased to announce that its unaudited interim consolidated April 30, 2019 financial statements have been filed on SEDAR.


All of the Company's material subsidiaries are wholly owned, except for District Copper Corp. ("District"), of which the Company owns 24.4% of the common shares outstanding.


For the six months ended April 30, 2019, Copper Fox had a net loss of $5,168,589 (April 30, 2018 - $705,682) which equated to $0.01 loss per share (April 30, 2018 - $0.00 loss per share). The net loss increased in Q2 2019 compared to Q2 2018 due to the impairment of the Eaglehead property.


During the six months ended April 30, 2019, the Company incurred $240,917 in expenditures toward furthering the development of its Schaft Creek, Van Dyke, Sombrero Butte and Mineral Mountain copper projects. Copies of the financial statements, notes, and related management discussion and analysis may be obtained on SEDAR at www.sedar.com, the Company's web site at www.copperfoxmetals.com or by contacting the Company directly. All references to planned activities and technical information contained in this news release have been previously announced by way of news releases. All amounts are expressed in Canadian dollars unless otherwise stated.


Elmer B. Stewart, President and CEO of Copper Fox, stated: "We are confident that the multi-disciplinary team assigned by the Schaft Creek Joint Venture ("SCJV") to further evaluate the identified improvement options will be successful in further defining a sound economic, technical and environmental base case project configuration for the next study phase. The progress at Van Dyke is encouraging and setting the groundwork for the possibility of completing an updated resource estimate for the project."


Q2 2019 Highlights



  • The 2018-2019 sizing and infrastructure alternatives study to reduce project capital and operating costs was completed, and the Schaft Creek Joint Venture ("SCJV") selected the 133ktpa case scenario for further study in the remainder of 2019.



  • The 2019 study will confirm the technical-engineering and economics of the identified engineering improvement options and the associated 133ktpa mine plan design.



  • A review of permitting and environmental requirements for the newly identified engineering improvements, together with continued engagement with the Tahltan Nation, will commence in Q3 2019.



  • In addition to the planned fieldwork to reinforce the project infrastructure's flood protection, a review of the site characteristics for the identified engineering improvement options (e.g., tailings storage, conveyance systems, ore and waste rock transport options, and mill location) will be completed in 2019.



  • At Van Dyke, the analytical program (2,760 samples) returned an average 29% higher acid soluble copper concentrations over significantly thicker intervals than shown in the historical data base for the project.



  • Copper Fox closed a non-brokered private placement, raising aggregate gross proceeds of $1,339,140 through the sale of 12,174,000 units (each a "Unit") at a price of $0.11 per Unit. Mr. Ernesto Echavarria, a director, insider and a control person of the Company (as defined by the policies of the TSX Venture Exchange) purchased 8,182,000 Units.



  • Application to obtain approval from State authorities to a conduct work program on the Sombrero Butte project has been submitted.



  • The TSX-V has accepted the applications to extend warrants issued on June 30, 2016 and July 27, 2017 for a further one-year term extending their respective expiry dates to June 30, 2020 and July 27, 2020. The June 9, 2016 warrants expired on June 9, 2019.


Elmer B. Stewart, MSc. P. Geol., President of Copper Fox, is the Company's non-independent, nominated Qualified Person pursuant to National Instrument 43-101, Standards for Disclosure for Mineral Projects, and has reviewed and approves the scientific and technical information disclosed in this news release.


 


Read more here:  https://quotemedia.com/portal/quote/?qm_symbol=CUU%3ACA&qmodStoryID=8702428440140814 

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8020Admin

1 month

8020Admin posted a press release Copper Fox Extends Warrant Expiry Dates in COPPER FOX METALS INC.

Calgary, Alberta--(Newsfile Corp. - June 6, 2019) - Copper Fox Metals Inc. (TSXV: CUU) ("Copper Fox" or the "Company") is pleased to announce that it intends to extend, subject to the approval of the TSX Venture Exchange, the expiry dates of 19,919,665 outstanding warrants as detailed below. The subject warrants were originally issued on June 9, 2016, June 30, 2016, and July 27, 2017 respectively, with an original expiry date of two (2) years, in connection with private placements of units consisting of common shares and warrants of the Company. The new expiry dates provide an additional one year extension on the 2016 warrants and the first one year extension on the 2017 warrants. These warrants continue to be exercisable at their original exercise price.


Read more here:  https://quotemedia.com/portal/quote?qm_symbol=CUU%3ACA&qmodStoryID=4695564194821612 

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8020Admin

2 months

8020Admin posted a press release Copper Fox Announces Phase II Analytical Program on Van Dyke Copper Deposit in COPPER FOX METALS INC.

Calgary, Alberta--(Newsfile Corp. - May 28, 2019) - Copper Fox Metals Inc. (TSXV: CUU) (OTC Pink: CPFXF) ("Copper Fox" or the "Company") and its wholly owned subsidiary, Desert Fox Copper Inc. ("Desert Fox"), are pleased to announce that it has extended the analytical and sampling program on its 100% owned Van Dyke oxide copper deposit located in the Globe-Miami mining district, Arizona (see news release January 23, 2019).


The initial program demonstrated on average a 29% increase in acid soluble copper concentration and thicker mineralized intervals (17 of the 25 drill holes) than indicated in the original project database. Significant intervals of soluble copper were also identified in several drill holes that were previously indicated to be non-mineralized. The current program is expected to determine the full extent of the soluble copper envelope for the Van Dyke deposit and increase certainty and confidence in the analytical database. An outline of the program is highlighted below.


Highlights:



  • Additional sampling in 17 of the 25 drill holes analyzed/sampled earlier this year.

  • Sampling of an additional 8 drill holes not included in the earlier work program.

  • Focus on delineating the boundaries between the oxide, supergene and hypogene zones of copper mineralization.

  • Re-logging of specific drill holes for additional lithologic and structural information for updating the geological model.


Elmer B. Stewart, President and CEO of Copper Fox, stated, "On completion of the current program, 41 drill holes in the Van Dyke deposit will have been analyzed for total and soluble copper content. The initial analytical results are encouraging and indicate the soluble copper envelope is larger than indicated in the original project database. To advance the project, greater certainty and confidence in the geological controls on the mineralization and the full extent of the mineralized envelope are required. Recent technological advances in the solutioning of chalcocite raises the potential of recovering significant concentrations of copper from the supergene zone that was previously not considered."


Geological Model:


The Van Dyke copper deposit consists of an upper oxide (malachite, azurite, cuprite, chrysocolla; all acid soluble), an intermediate supergene (chalcocite; cyanide soluble), and a lower hypogene (chalcopyrite + molybdenite) zone of copper mineralization. The copper mineralogy and mineral zonation combined with significant molybdenum concentrations in all three zones of copper mineralization suggests that the Van Dyke deposit represents the weathered portion of a porphyry copper deposit.


Analytical Procedures:


The sample preparation and analytical work will be completed by Skyline Assayers & Laboratories located in Tucson, Arizona using Skyline's package codes CuT and CuSeq. CuSeq analysis uses a 0.25-gram sample digested (at room temperature) in 5% sulfuric acid and then diluted to 100 mL with deionized water. The residue from the sample is digested in 10% sodium cyanide solution and diluted to 100 mL. Atomic Absorption Spectrometry ("AAS") is used to determine copper concentrations. Skyline has an ISO/IEC 17025/2005 accreditation.


Quality Control:


The analytical program will use industry certified blanks and reference standards as part of the QA/QC program.


Elmer B. Stewart, MSc. P. Geol., President and CEO of Copper Fox, is the Company's non-independent, nominated Qualified Person pursuant to National Instrument 43-101, Standards for Disclosure for Mineral Projects, and has reviewed and approves the scientific and technical information disclosed in this news release.


About Copper Fox:


Copper Fox is a Tier 1 Canadian resource company listed on the TSX Venture Exchange (TSXV: CUU) focused on copper exploration and development in Canada and the United States. The principal assets of Copper Fox and its wholly owned Canadian and United States subsidiaries, being Northern Fox Copper Inc. and Desert Fox Copper Inc., are the 25% interest in the Schaft Creek Joint Venture with Teck Resources Limited on the Schaft Creek copper-gold-molybdenum-silver project located in northwestern British Columbia and a 100% ownership of the Van Dyke oxide copper project located in Miami, Arizona. For more information on Copper Fox's other mineral properties and investments visit the Company's website at http://www.copperfoxmetals.com.


On behalf of the Board of Directors


Elmer B. Stewart
President and Chief Executive Officer


For additional information contact Lynn Ball: (844) 464-2820 or (403) 264-2820


Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.


Cautionary Note Regarding Forward-Looking Information


This news release contains forward-looking statements within the meaning of the Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and forward-looking information within the meaning of the Canadian securities laws (collectively, "forward-looking information"). Forward-looking information is generally identifiable by use of the words "believes," "may," "plans," "will," "anticipates," "intends," "budgets", "could", "estimates", "expects", "forecasts", "projects" and similar expressions, and the negative of such expressions. Forward-looking information in this news release includes statements regarding: higher acid soluble copper concentrations than the initial analytical results; the thicker mineralized intervals than the initial analytical results; the ability of the current program to determine the full extent of the soluble copper envelope for the Van Dyke deposit and increase certainty and confidence in the analytical database; the scope and possibility of completing an updated resource estimate; the potential of recovering significant concentrations of copper from the supergene zone that was previously not considered; updating the geological model for the Van Dyke project; the Van Dyke deposit representing the weathered portion of a porphyry copper deposit; and completion of the sample preparation and analytical work by Skyline Assayers & Laboratories.


In connection with the forward-looking information contained in this news release, Copper Fox and its subsidiaries have made numerous assumptions regarding, among other things: the geological advice that Copper Fox has received is reliable and is based upon practices and methodologies which are consistent with industry standards; and the reliability of historical reports. While Copper Fox considers these assumptions to be reasonable, these assumptions are inherently subject to significant uncertainties and contingencies.


Additionally, there are known and unknown risk factors which could cause Copper Fox's actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information contained herein. Known risk factors include, among others: additional sampling may not locate significant concentrations of soluble copper; the possibility that an updated geological model may not be completed within a reasonable time frame or at all; the possibility that an updated resource estimate may not be completed within a reasonable time frame or at all; uncertainties relating to interpretation of the analytical results; the geology, continuity and concentration of the mineralization may not be as estimated or expected; the financial markets and the overall economy may deteriorate; the need to obtain additional financing; and uncertainty as to timely availability of permits and other governmental approvals.


A more complete discussion of the risks and uncertainties facing Copper Fox is disclosed in Copper Fox's continuous disclosure filings with Canadian securities regulatory authorities at www.sedar.com. All forward-looking information herein is qualified in its entirety by this cautionary statement, and Copper Fox disclaims any obligation to revise or update any such forward-looking information or to publicly announce the result of any revisions to any of the forward-looking information contained herein to reflect future results, events or developments, except as required by law.



To view the source version of this press release, please visit https://www.newsfilecorp.com/release/45073

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8020Admin

2 months

8020Admin posted a press release Copper Fox Announces Final Analytical Results from Re-Sampling Program at Van Dyke Copper Deposit in COPPER FOX METALS INC.

Calgary, Alberta--(Newsfile Corp. - May 7, 2019) - Copper Fox Metals Inc. (TSXV: CUU) (OTC Pink: CPFXF) ("Copper Fox" or the "Company") and its wholly owned subsidiary, Desert Fox Copper Inc. ("Desert Fox"), are pleased to announce the final results for the re-analytical program on the Van Dyke oxide copper deposit (see news release January 23, 2019). Van Dyke is an In-Situ Leach ("ISL") project where the commodity of interest is acid soluble copper ("ASCu").


Highlights:



  • DDH-OXY-18 returned an average of 0.284% ASCu over a 199.95m core interval including a 21.03m interval grading 1.141% ASCu.

  • DDH-OXY-5 returned an average of 0.510% ASCu over a 33.53m interval including 0.931% ASCu over 13.71m and an average of 0.350% ASCu over a core interval of 57.91m including 1.046% ASCu over 10.67m.

  • 20 of the 25 drill holes re-analyzed returned higher (3 to 260%) ASCu concentrations and 19 drill holes returned thicker (1.0 to 62.7m) mineralized intervals when compared to the original data base.

  • The ASCu/TCu ratio for all samples analyzed averaged 86% in 2019 compared to 71% in the original data base.


Elmer B. Stewart, President and CEO of Copper Fox, stated, "The increased ASCu/TCu ratio combined with the higher ASCu concentrations and thicker mineralized intervals are encouraging. The full impact of these factors will only be known when additional sampling has been completed. Updating of the geological model for the Van Dyke deposit is underway and the additional sampling required to define the full extent (thickness) of the mineralized intervals is expected to commence immediately. Contingent on the results of these activities, Copper Fox may assess the possibility of completing an updated resource estimate for the project."


The weighted average ASCu concentrations for the drill holes reported in this news release are:


Read more here:  https://quotemedia.com/portal/quote?qm_symbol=CUU%3ACC&qmodStoryID=4696717848769693 

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8020Admin

3 months

8020Admin posted a press release Copper Fox Announces the Closing of Private Placement in COPPER FOX METALS INC.

Calgary, Alberta--(Newsfile Corp. - April 29, 2019) - Copper Fox Metals Inc. (TSXV: CUU) (OTC Pink: CPFXF) ("Copper Fox" or the "Company") is pleased to announce that it has closed its previously announced non-brokered private placement (the "Offering"), raising aggregate gross proceeds of $1,339,140 through the sale of 12,174,000 units (each a "Unit") at a price of $0.11 per Unit. Each Unit consisted of one common share in the capital of the Company (a "Common Share") and one-half common share purchase warrant (a "Warrant"). Each Warrant entitles the holder to purchase one Common Share for an exercise price of $0.13 during the first 12 month period after the closing of the Offering and $0.15 during the second 12 month period after the closing of the Offering. In the event that the 20-day volume weighted average price of the common shares listed on the TSX Venture Exchange is above $0.20, the expiry date of the Warrants will be accelerated to a date that is 30 days after the first date such threshold is met.


In accordance with applicable securities legislation, securities issued pursuant to the Offering are subject to a hold period of four months plus one day from the date of the completion of the Offering.


The net proceeds raised from the Offering will be used for ongoing activities and general corporate purposes of the Company.


The Offering included subscriptions by three insiders of the Company. Mr. Ernesto Echavarria, a director, insider and a control person of the Company (as defined by the policies of the TSX Venture Exchange) purchased 8,182,000 Units.


Subscriptions completed by insiders in the Offering, including the subscription by Mr. Echavarria, constituted a "Related Party Transaction" under Policy 5.9 of the TSX Venture Exchange, which adopts Multilateral Instrument 61-101 ("MI 61-101") as a policy of the TSX Venture Exchange. In completing such transactions, Copper Fox relied on the applicable exemptions from the valuation requirement and minority security holder approval requirements available under Sections 5.5(a) and 5.7(a) of MI 61-101, respectively, on the basis that the participation in the private placement by insiders did not exceed 25% of the Company's market capitalization.


The closing of the Offering remains subject to the final approval of the TSX Venture Exchange.


About Copper Fox:


Copper Fox is a Tier 1 Canadian resource company listed on the TSX Venture Exchange (TSXV: CUU) focused on copper exploration and development in Canada and the United States. The principal assets of Copper Fox and its wholly owned Canadian and United States subsidiaries, being Northern Fox Copper Inc. and Desert Fox Copper Inc., are the 25% interest in the Schaft Creek Joint Venture with Teck Resources Limited on the Schaft Creek copper-gold-molybdenum-silver project located in northwestern British Columbia and a 100% ownership of the Van Dyke oxide copper project located in Miami, Arizona. For more information on Copper Fox's other mineral properties and investments visit the Company's website at http://www.copperfoxmetals.com.


For additional information contact: Lynn Ball at 1-844-464-2820 or 1-403-264-2820.


On behalf of the Board of Directors


Elmer B. Stewart
President and Chief Executive Officer


Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.


This news release does not constitute an offer to sell or a solicitation of an offer to sell any of the securities described herein in the United States. The securities described in this news release have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.


This news release is not for distribution in the United States or over United States newswires.


Cautionary Note Regarding Forward-Looking Information


This news release contains "forward-looking information" within the meaning of the Canadian securities laws. Forward-looking information is generally identifiable by use of the words "believes," "may," "plans," "will," "anticipates," "intends," "budgets", "could", "estimates", "expects", "forecasts", "projects" and similar expressions, and the negative of such expressions. Forward-looking information in this news release includes, without limitation, statements about: the expected use of the proceeds from the Offering; and the Offering being subject to the final approval of the TSX Venture Exchange.


In connection with the forward-looking information contained in this news release, Copper Fox has made numerous assumptions. Additionally, there are known and unknown risk factors which could cause Copper Fox's actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information contained herein.


Known risk factors include the possibility that: final approval for the Offering will not be obtained from the TSX Venture Exchange and the net proceeds of the Offering will not be used for the purposes currently contemplated.


A more complete discussion of the risks and uncertainties facing Copper Fox is disclosed in Copper Fox's continuous disclosure filings with Canadian securities regulatory authorities at www.sedar.com. All forward-looking information herein is qualified in its entirety by this cautionary statement, and Copper Fox disclaims any obligation to revise or update any such forward-looking information or to publicly announce the result of any revisions to any of the forward-looking information contained herein to reflect future results, events or developments, except as required by law.


To view the source version of this press release, please visit https://www.newsfilecorp.com/release/44403

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8020Admin posted an update in COPPER FOX METALS INC.

3 months

Copper Fox Metals (TSXV:CUU)(OTC Pink: CPFXF) CEO Elmer Stewart joined the Investing News Network to discuss the future of copper demand and why he sees copper playing a critical role in future industries.

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8020Admin

3 months

8020Admin posted a press release Copper Fox Announces Schaft Creek Update in COPPER FOX METALS INC.

Calgary, Alberta--(Newsfile Corp. - April 17, 2019) - Copper Fox Metals Inc. (TSXV: CUU) (OTC Pink: CPFXF) ("Copper Fox" or the "Company") is pleased to provide its shareholders an update on the work completed by the Schaft Creek Joint Venture ("SCJV") for the Schaft Creek copper-gold-molybdenum project located in northwestern British Columbia. The Schaft Creek project is managed through the SCJV. Teck Resources Limited ("Teck") is the Operator of the SCJV and holds a 75% interest with Copper Fox holding the remaining 25%.


Highlights:



  • The sizing and infrastructure alternatives study initiated in 2018 was completed with positive results and a more in-depth conceptual study has been initiated.

  • The SCJV has agreed to further evaluate the identified engineering improvements options to reduce capital and operating costs assuming a 130 ktpd (same as the 2013 feasibility study) throughput case.

  • In addition to the planned field studies, a review of the site characteristics of potential revisions to key infrastructure elements, e.g., tailing storage, conveyance systems, ore and waste transport options, and mill location, will take place in 2019 on the basis of a 130 ktpd throughput case.


Elmer B. Stewart, President and CEO of Copper Fox, stated: "Copper Fox is pleased with the methodical advance and assessment of value opportunities from 2018 that have informed the 2019 program. Now that the sizing and infrastructure alternatives study initiated in 2018 has been completed with positive preliminary results, more in-depth study work is expected to confirm the potential capital and operating cost improvements. The collection of additional baseline environmental data and ongoing work with the Tahltan Nation is also planned."


Elmer B. Stewart, MSc. P. Geol., President and CEO of Copper Fox, is the Company's non-independent, nominated Qualified Person pursuant to National Instrument 43-101, Standards for Disclosure for Mineral Projects, and has reviewed and approves the scientific and technical information disclosed in this news release.


About Copper Fox:


Copper Fox is a Tier 1 Canadian resource company listed on the TSX Venture Exchange (TSXV: CUU) focused on copper exploration and development in Canada and the United States. The principal assets of Copper Fox and its wholly owned Canadian and United States subsidiaries, being Northern Fox Copper Inc. and Desert Fox Copper Inc., are the 25% interest in the Schaft Creek Joint Venture with Teck Resources Limited on the Schaft Creek copper-gold-molybdenum-silver project located in northwestern British Columbia and a 100% ownership of the Van Dyke oxide copper project located in Miami, Arizona. For more information on Copper Fox's other mineral properties and investments visit the Company's website at http://www.copperfoxmetals.com.


For additional information contact: Lynn Ball at 1-844-464-2820 or 1-403-264-2820.


On behalf of the Board of Directors


Elmer B. Stewart
President and Chief Executive Officer


Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.


Cautionary Note Regarding Forward-Looking Information


This news release contains "forward-looking information" within the meaning of the Canadian securities laws. Forward-looking information is generally identifiable by use of the words "believes," "may," "plans," "will," "anticipates," "intends," "budgets", "could", "estimates", "expects", "forecasts", "projects" and similar expressions, and the negative of such expressions.


Forward-looking information in this news release include statements about: further evaluating engineering improvements options to reduce capital and operating costs; a review of the site characteristics of potential revisions to key infrastructure elements taking place in 2019; collection of environmental baseline data and ongoing consultation with the Tahltan Nation.


In connection with the forward-looking information contained in this news release, Copper Fox has made numerous assumptions regarding, among other things: a 130 ktpd throughput case; the geological, metallurgical, engineering, financial and economic advice that Copper Fox has received is reliable and is based upon practices and methodologies which are consistent with industry standards; the speed of field studies; and the stability of economic and market conditions. While Copper Fox considers these assumptions to be reasonable, these assumptions are inherently subject to significant uncertainties and contingencies.


Additionally, there are known and unknown risk factors which could cause Copper Fox's actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information contained herein. Known risk factors include among others: the 2019 Schaft Creek program may not be completed as planned or at all; the permitting and social aspects of the project, the additional field activities and the in-depth conceptual study may not occur within the time expected frame or at all; uncertainties relating to interpretation of the previous results; the overall economy may continue to deteriorate; the need to obtain additional financing and uncertainty of meeting anticipated program milestones; uncertainty as to the availability and terms of future financing; the possibility of delay in exploration or development programs; fluctuations in copper prices and demand; currency exchange rates; conditions in the financial markets; and uncertainty as to timely availability of permits and other governmental approvals.


A more complete discussion of the risks and uncertainties facing Copper Fox is disclosed in Copper Fox's continuous disclosure filings with Canadian securities regulatory authorities at www.sedar.com. All forward-looking information herein is qualified in its entirety by this cautionary statement, and Copper Fox disclaims any obligation to revise or update any such forward-looking information or to publicly announce the result of any revisions to any of the forward-looking information contained herein to reflect future results, events or developments, except as required by law.


To view the source version of this press release, please visit https://www.newsfilecorp.com/release/44131

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DArcy Funfer

3 months

DArcy Funfer posted an update 8020 Welcomes Copper Fox Metals in COPPER FOX METALS INC.

8020 Connect would like to give a warm welcome to all of the Copper Fox Metals current shareholders and interested investors to their group!


D'Arcy Funfer,


President 8020 Connect Inc.

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Media Relations posted an update in COPPER FOX METALS INC.

3 months

Copper Fox Metals Inc (CVE: CUU) President & CEO Elmer Stewart spoke with Proactive Investors at the Prospectors & Developers Association of Canada in Toronto. The Canadian copper exploration and development company's Canadian and United States subsidiaries Northern Fox Copper Inc and Desert Fox Copper Inc are the 25% interest in the Schaft Creek Joint Venture with Teck Resources Limited on the Schaft Creek copper-gold-molybdenum-silver project in British Columbia and a 100% ownership of the Van Dyke oxide copper in Miami, Arizona.

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Copper Fox Metals Inc.

publicPublic Group

Copper Fox is a Canadian based resource company focussed on value creation through acquisition, exploration and development of potentially low cost, large polymetallic porphyry copper projects in Canada and the United States. Our business model is conservative and guided by technical and economic...

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Copper Fox Metals Inc.

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Copper Fox is a Canadian based resource company focussed on value creation through acquisition, exploration and devel......

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8020Admin

5 hours

8020Admin posted a press release Copper Fox Commences Updated Resource Estimate on the Van Dyke Copper Project in COPPER FOX METALS INC.

Calgary, Alberta--(Newsfile Corp. - July 17, 2019) - Copper Fox Metals Inc. (TSXV: CUU) (OTC Pink: CPFXF) ("Copper Fox" or the "Company")  and its wholly owned subsidiary, Desert Fox Copper Inc. ("Desert Fox") are pleased to provide shareholders an update of activities and analytical results for the Van Dyke In-Situ Leach ("ISL") oxide copper project (see news release May 28, 2019).


Highlights:



  • Moose Mountain Technical Services ("MMTS") has been retained to complete an updated resource estimate for the Van Dyke copper deposit.

  • MMTS completed the Preliminary Economic Assessment of the Van Dyke copper deposit in 2015 and the maiden resource estimate in 2014.

  • The four drill holes reported in this news release were previously reported to contain no soluble copper greater than 0.05%.

  • DDH-UVD-14 returned an average of 0.445% acid soluble copper ("ASCu") over a 79.09 meter ('m') core interval including a 6.25m interval grading 1.008% ASCu.

  • The additional sampling extended the mineralized intervals reported from the Phase I sampling program in six drill holes with increases ranging from 11.0m to 47.2m.


Elmer B. Stewart, President and CEO of Copper Fox, stated, "The analytical results from the Phase II sampling program along with a more robust geological model were the basis for the decision to proceed with an updated resource estimate. The updated estimate will include the drill holes listed in this news release along with five additional drill holes that were excluded from the maiden resource estimate for the Van Dyke copper deposit."


The weighted average acid soluble copper concentrations using a 0.05% ASCu cutoff for the last four drill holes from the Phase II analytical program reported in this news release are shown below. To compare the weighted average grades for the historical and 2019 analytical results, the analytical results from the historical database were weight averaged over the same interval corresponding to the 2019 interval.


Read more here: https://www.quotemedia.com/portal/quote?qm_symbol=CUU%3ACA&qmodStoryID=5791069897227839 

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8020Admin

8 days

8020Admin posted a press release Copper Fox Announces Initial Phase II Analytical Results from Van Dyke Oxide Copper Deposit in COPPER FOX METALS INC.

Calgary, Alberta--(Newsfile Corp. - July 9, 2019) - Copper Fox Metals Inc. (TSXV: CUU) (OTC Pink: CPFXF) ("Copper Fox" or the "Company")  and its wholly owned subsidiary, Desert Fox Copper Inc. ("Desert Fox") are pleased to announce the initial results (469 samples) from the Phase II analytical program on the Van Dyke In-Situ Leach oxide copper deposit (see news release May 28, 2019).


Highlights:



  • DDH-OXY-17B returned an average of 0.297% acid soluble copper ("ASCu") over a 137.40m core interval including a 14.93m interval grading 1.022% ASCu.

  • DDH OXY-29 returned an average of 0.362% ASCu over a 144.48m including a 25.64m core interval grading 0.839% ASCu.

  • 7 of the 8 drill holes reported in this news release returned significantly thicker mineralized intervals compared to the historical mineralized intervals.

  • The ASCu/TCu ratio for holes reported in this news release averaged 73.1% compared to 60.7% in the historical database.


Elmer B. Stewart, President and CEO of Copper Fox, stated, "The Phase II analytical program continues to return higher concentrations of acid soluble copper over significantly thicker mineralized intervals compared to the historical database. Updating of the geological model for the Van Dyke oxide copper deposit has significantly increased confidence in understanding the controls on the mineralization. Contingent on receipt of all analytical results from the Phase II analytical program, Copper Fox will assess the possibility of completing an updated resource estimate for the project."


The weighted average acid soluble copper concentrations using a 0.05% ASCu cutoff for the drill holes reported in this news release are shown below. To compare the weighted average grades between the historical and 2019 analytical results, the analytical results from the historical database were weight averaged over the same interval corresponding to the 2019 interval.


Read more here:  https://www.quotemedia.com/portal/quote?qm_symbol=CUU%3ACA&qmodStoryID=7609185635259246 

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8020Admin

19 days

8020Admin posted a press release Copper Fox Announces 2019 Second Quarter Operating and Financial Results in COPPER FOX METALS INC.

Calgary, Alberta--(Newsfile Corp. - June 28, 2019) - Copper Fox Metals Inc. (TSXV: CUU) (OTC Pink: CPFXF) ("Copper Fox" or the "Company") is pleased to announce that its unaudited interim consolidated April 30, 2019 financial statements have been filed on SEDAR.


All of the Company's material subsidiaries are wholly owned, except for District Copper Corp. ("District"), of which the Company owns 24.4% of the common shares outstanding.


For the six months ended April 30, 2019, Copper Fox had a net loss of $5,168,589 (April 30, 2018 - $705,682) which equated to $0.01 loss per share (April 30, 2018 - $0.00 loss per share). The net loss increased in Q2 2019 compared to Q2 2018 due to the impairment of the Eaglehead property.


During the six months ended April 30, 2019, the Company incurred $240,917 in expenditures toward furthering the development of its Schaft Creek, Van Dyke, Sombrero Butte and Mineral Mountain copper projects. Copies of the financial statements, notes, and related management discussion and analysis may be obtained on SEDAR at www.sedar.com, the Company's web site at www.copperfoxmetals.com or by contacting the Company directly. All references to planned activities and technical information contained in this news release have been previously announced by way of news releases. All amounts are expressed in Canadian dollars unless otherwise stated.


Elmer B. Stewart, President and CEO of Copper Fox, stated: "We are confident that the multi-disciplinary team assigned by the Schaft Creek Joint Venture ("SCJV") to further evaluate the identified improvement options will be successful in further defining a sound economic, technical and environmental base case project configuration for the next study phase. The progress at Van Dyke is encouraging and setting the groundwork for the possibility of completing an updated resource estimate for the project."


Q2 2019 Highlights



  • The 2018-2019 sizing and infrastructure alternatives study to reduce project capital and operating costs was completed, and the Schaft Creek Joint Venture ("SCJV") selected the 133ktpa case scenario for further study in the remainder of 2019.



  • The 2019 study will confirm the technical-engineering and economics of the identified engineering improvement options and the associated 133ktpa mine plan design.



  • A review of permitting and environmental requirements for the newly identified engineering improvements, together with continued engagement with the Tahltan Nation, will commence in Q3 2019.



  • In addition to the planned fieldwork to reinforce the project infrastructure's flood protection, a review of the site characteristics for the identified engineering improvement options (e.g., tailings storage, conveyance systems, ore and waste rock transport options, and mill location) will be completed in 2019.



  • At Van Dyke, the analytical program (2,760 samples) returned an average 29% higher acid soluble copper concentrations over significantly thicker intervals than shown in the historical data base for the project.



  • Copper Fox closed a non-brokered private placement, raising aggregate gross proceeds of $1,339,140 through the sale of 12,174,000 units (each a "Unit") at a price of $0.11 per Unit. Mr. Ernesto Echavarria, a director, insider and a control person of the Company (as defined by the policies of the TSX Venture Exchange) purchased 8,182,000 Units.



  • Application to obtain approval from State authorities to a conduct work program on the Sombrero Butte project has been submitted.



  • The TSX-V has accepted the applications to extend warrants issued on June 30, 2016 and July 27, 2017 for a further one-year term extending their respective expiry dates to June 30, 2020 and July 27, 2020. The June 9, 2016 warrants expired on June 9, 2019.


Elmer B. Stewart, MSc. P. Geol., President of Copper Fox, is the Company's non-independent, nominated Qualified Person pursuant to National Instrument 43-101, Standards for Disclosure for Mineral Projects, and has reviewed and approves the scientific and technical information disclosed in this news release.


 


Read more here:  https://quotemedia.com/portal/quote/?qm_symbol=CUU%3ACA&qmodStoryID=8702428440140814 

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8020Admin

1 month

8020Admin posted a press release Copper Fox Extends Warrant Expiry Dates in COPPER FOX METALS INC.

Calgary, Alberta--(Newsfile Corp. - June 6, 2019) - Copper Fox Metals Inc. (TSXV: CUU) ("Copper Fox" or the "Company") is pleased to announce that it intends to extend, subject to the approval of the TSX Venture Exchange, the expiry dates of 19,919,665 outstanding warrants as detailed below. The subject warrants were originally issued on June 9, 2016, June 30, 2016, and July 27, 2017 respectively, with an original expiry date of two (2) years, in connection with private placements of units consisting of common shares and warrants of the Company. The new expiry dates provide an additional one year extension on the 2016 warrants and the first one year extension on the 2017 warrants. These warrants continue to be exercisable at their original exercise price.


Read more here:  https://quotemedia.com/portal/quote?qm_symbol=CUU%3ACA&qmodStoryID=4695564194821612 

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8020Admin

2 months

8020Admin posted a press release Copper Fox Announces Phase II Analytical Program on Van Dyke Copper Deposit in COPPER FOX METALS INC.

Calgary, Alberta--(Newsfile Corp. - May 28, 2019) - Copper Fox Metals Inc. (TSXV: CUU) (OTC Pink: CPFXF) ("Copper Fox" or the "Company") and its wholly owned subsidiary, Desert Fox Copper Inc. ("Desert Fox"), are pleased to announce that it has extended the analytical and sampling program on its 100% owned Van Dyke oxide copper deposit located in the Globe-Miami mining district, Arizona (see news release January 23, 2019).


The initial program demonstrated on average a 29% increase in acid soluble copper concentration and thicker mineralized intervals (17 of the 25 drill holes) than indicated in the original project database. Significant intervals of soluble copper were also identified in several drill holes that were previously indicated to be non-mineralized. The current program is expected to determine the full extent of the soluble copper envelope for the Van Dyke deposit and increase certainty and confidence in the analytical database. An outline of the program is highlighted below.


Highlights:



  • Additional sampling in 17 of the 25 drill holes analyzed/sampled earlier this year.

  • Sampling of an additional 8 drill holes not included in the earlier work program.

  • Focus on delineating the boundaries between the oxide, supergene and hypogene zones of copper mineralization.

  • Re-logging of specific drill holes for additional lithologic and structural information for updating the geological model.


Elmer B. Stewart, President and CEO of Copper Fox, stated, "On completion of the current program, 41 drill holes in the Van Dyke deposit will have been analyzed for total and soluble copper content. The initial analytical results are encouraging and indicate the soluble copper envelope is larger than indicated in the original project database. To advance the project, greater certainty and confidence in the geological controls on the mineralization and the full extent of the mineralized envelope are required. Recent technological advances in the solutioning of chalcocite raises the potential of recovering significant concentrations of copper from the supergene zone that was previously not considered."


Geological Model:


The Van Dyke copper deposit consists of an upper oxide (malachite, azurite, cuprite, chrysocolla; all acid soluble), an intermediate supergene (chalcocite; cyanide soluble), and a lower hypogene (chalcopyrite + molybdenite) zone of copper mineralization. The copper mineralogy and mineral zonation combined with significant molybdenum concentrations in all three zones of copper mineralization suggests that the Van Dyke deposit represents the weathered portion of a porphyry copper deposit.


Analytical Procedures:


The sample preparation and analytical work will be completed by Skyline Assayers & Laboratories located in Tucson, Arizona using Skyline's package codes CuT and CuSeq. CuSeq analysis uses a 0.25-gram sample digested (at room temperature) in 5% sulfuric acid and then diluted to 100 mL with deionized water. The residue from the sample is digested in 10% sodium cyanide solution and diluted to 100 mL. Atomic Absorption Spectrometry ("AAS") is used to determine copper concentrations. Skyline has an ISO/IEC 17025/2005 accreditation.


Quality Control:


The analytical program will use industry certified blanks and reference standards as part of the QA/QC program.


Elmer B. Stewart, MSc. P. Geol., President and CEO of Copper Fox, is the Company's non-independent, nominated Qualified Person pursuant to National Instrument 43-101, Standards for Disclosure for Mineral Projects, and has reviewed and approves the scientific and technical information disclosed in this news release.


About Copper Fox:


Copper Fox is a Tier 1 Canadian resource company listed on the TSX Venture Exchange (TSXV: CUU) focused on copper exploration and development in Canada and the United States. The principal assets of Copper Fox and its wholly owned Canadian and United States subsidiaries, being Northern Fox Copper Inc. and Desert Fox Copper Inc., are the 25% interest in the Schaft Creek Joint Venture with Teck Resources Limited on the Schaft Creek copper-gold-molybdenum-silver project located in northwestern British Columbia and a 100% ownership of the Van Dyke oxide copper project located in Miami, Arizona. For more information on Copper Fox's other mineral properties and investments visit the Company's website at http://www.copperfoxmetals.com.


On behalf of the Board of Directors


Elmer B. Stewart
President and Chief Executive Officer


For additional information contact Lynn Ball: (844) 464-2820 or (403) 264-2820


Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.


Cautionary Note Regarding Forward-Looking Information


This news release contains forward-looking statements within the meaning of the Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and forward-looking information within the meaning of the Canadian securities laws (collectively, "forward-looking information"). Forward-looking information is generally identifiable by use of the words "believes," "may," "plans," "will," "anticipates," "intends," "budgets", "could", "estimates", "expects", "forecasts", "projects" and similar expressions, and the negative of such expressions. Forward-looking information in this news release includes statements regarding: higher acid soluble copper concentrations than the initial analytical results; the thicker mineralized intervals than the initial analytical results; the ability of the current program to determine the full extent of the soluble copper envelope for the Van Dyke deposit and increase certainty and confidence in the analytical database; the scope and possibility of completing an updated resource estimate; the potential of recovering significant concentrations of copper from the supergene zone that was previously not considered; updating the geological model for the Van Dyke project; the Van Dyke deposit representing the weathered portion of a porphyry copper deposit; and completion of the sample preparation and analytical work by Skyline Assayers & Laboratories.


In connection with the forward-looking information contained in this news release, Copper Fox and its subsidiaries have made numerous assumptions regarding, among other things: the geological advice that Copper Fox has received is reliable and is based upon practices and methodologies which are consistent with industry standards; and the reliability of historical reports. While Copper Fox considers these assumptions to be reasonable, these assumptions are inherently subject to significant uncertainties and contingencies.


Additionally, there are known and unknown risk factors which could cause Copper Fox's actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information contained herein. Known risk factors include, among others: additional sampling may not locate significant concentrations of soluble copper; the possibility that an updated geological model may not be completed within a reasonable time frame or at all; the possibility that an updated resource estimate may not be completed within a reasonable time frame or at all; uncertainties relating to interpretation of the analytical results; the geology, continuity and concentration of the mineralization may not be as estimated or expected; the financial markets and the overall economy may deteriorate; the need to obtain additional financing; and uncertainty as to timely availability of permits and other governmental approvals.


A more complete discussion of the risks and uncertainties facing Copper Fox is disclosed in Copper Fox's continuous disclosure filings with Canadian securities regulatory authorities at www.sedar.com. All forward-looking information herein is qualified in its entirety by this cautionary statement, and Copper Fox disclaims any obligation to revise or update any such forward-looking information or to publicly announce the result of any revisions to any of the forward-looking information contained herein to reflect future results, events or developments, except as required by law.



To view the source version of this press release, please visit https://www.newsfilecorp.com/release/45073

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8020Admin

2 months

8020Admin posted a press release Copper Fox Announces Final Analytical Results from Re-Sampling Program at Van Dyke Copper Deposit in COPPER FOX METALS INC.

Calgary, Alberta--(Newsfile Corp. - May 7, 2019) - Copper Fox Metals Inc. (TSXV: CUU) (OTC Pink: CPFXF) ("Copper Fox" or the "Company") and its wholly owned subsidiary, Desert Fox Copper Inc. ("Desert Fox"), are pleased to announce the final results for the re-analytical program on the Van Dyke oxide copper deposit (see news release January 23, 2019). Van Dyke is an In-Situ Leach ("ISL") project where the commodity of interest is acid soluble copper ("ASCu").


Highlights:



  • DDH-OXY-18 returned an average of 0.284% ASCu over a 199.95m core interval including a 21.03m interval grading 1.141% ASCu.

  • DDH-OXY-5 returned an average of 0.510% ASCu over a 33.53m interval including 0.931% ASCu over 13.71m and an average of 0.350% ASCu over a core interval of 57.91m including 1.046% ASCu over 10.67m.

  • 20 of the 25 drill holes re-analyzed returned higher (3 to 260%) ASCu concentrations and 19 drill holes returned thicker (1.0 to 62.7m) mineralized intervals when compared to the original data base.

  • The ASCu/TCu ratio for all samples analyzed averaged 86% in 2019 compared to 71% in the original data base.


Elmer B. Stewart, President and CEO of Copper Fox, stated, "The increased ASCu/TCu ratio combined with the higher ASCu concentrations and thicker mineralized intervals are encouraging. The full impact of these factors will only be known when additional sampling has been completed. Updating of the geological model for the Van Dyke deposit is underway and the additional sampling required to define the full extent (thickness) of the mineralized intervals is expected to commence immediately. Contingent on the results of these activities, Copper Fox may assess the possibility of completing an updated resource estimate for the project."


The weighted average ASCu concentrations for the drill holes reported in this news release are:


Read more here:  https://quotemedia.com/portal/quote?qm_symbol=CUU%3ACC&qmodStoryID=4696717848769693 

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8020Admin

3 months

8020Admin posted a press release Copper Fox Announces the Closing of Private Placement in COPPER FOX METALS INC.

Calgary, Alberta--(Newsfile Corp. - April 29, 2019) - Copper Fox Metals Inc. (TSXV: CUU) (OTC Pink: CPFXF) ("Copper Fox" or the "Company") is pleased to announce that it has closed its previously announced non-brokered private placement (the "Offering"), raising aggregate gross proceeds of $1,339,140 through the sale of 12,174,000 units (each a "Unit") at a price of $0.11 per Unit. Each Unit consisted of one common share in the capital of the Company (a "Common Share") and one-half common share purchase warrant (a "Warrant"). Each Warrant entitles the holder to purchase one Common Share for an exercise price of $0.13 during the first 12 month period after the closing of the Offering and $0.15 during the second 12 month period after the closing of the Offering. In the event that the 20-day volume weighted average price of the common shares listed on the TSX Venture Exchange is above $0.20, the expiry date of the Warrants will be accelerated to a date that is 30 days after the first date such threshold is met.


In accordance with applicable securities legislation, securities issued pursuant to the Offering are subject to a hold period of four months plus one day from the date of the completion of the Offering.


The net proceeds raised from the Offering will be used for ongoing activities and general corporate purposes of the Company.


The Offering included subscriptions by three insiders of the Company. Mr. Ernesto Echavarria, a director, insider and a control person of the Company (as defined by the policies of the TSX Venture Exchange) purchased 8,182,000 Units.


Subscriptions completed by insiders in the Offering, including the subscription by Mr. Echavarria, constituted a "Related Party Transaction" under Policy 5.9 of the TSX Venture Exchange, which adopts Multilateral Instrument 61-101 ("MI 61-101") as a policy of the TSX Venture Exchange. In completing such transactions, Copper Fox relied on the applicable exemptions from the valuation requirement and minority security holder approval requirements available under Sections 5.5(a) and 5.7(a) of MI 61-101, respectively, on the basis that the participation in the private placement by insiders did not exceed 25% of the Company's market capitalization.


The closing of the Offering remains subject to the final approval of the TSX Venture Exchange.


About Copper Fox:


Copper Fox is a Tier 1 Canadian resource company listed on the TSX Venture Exchange (TSXV: CUU) focused on copper exploration and development in Canada and the United States. The principal assets of Copper Fox and its wholly owned Canadian and United States subsidiaries, being Northern Fox Copper Inc. and Desert Fox Copper Inc., are the 25% interest in the Schaft Creek Joint Venture with Teck Resources Limited on the Schaft Creek copper-gold-molybdenum-silver project located in northwestern British Columbia and a 100% ownership of the Van Dyke oxide copper project located in Miami, Arizona. For more information on Copper Fox's other mineral properties and investments visit the Company's website at http://www.copperfoxmetals.com.


For additional information contact: Lynn Ball at 1-844-464-2820 or 1-403-264-2820.


On behalf of the Board of Directors


Elmer B. Stewart
President and Chief Executive Officer


Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.


This news release does not constitute an offer to sell or a solicitation of an offer to sell any of the securities described herein in the United States. The securities described in this news release have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.


This news release is not for distribution in the United States or over United States newswires.


Cautionary Note Regarding Forward-Looking Information


This news release contains "forward-looking information" within the meaning of the Canadian securities laws. Forward-looking information is generally identifiable by use of the words "believes," "may," "plans," "will," "anticipates," "intends," "budgets", "could", "estimates", "expects", "forecasts", "projects" and similar expressions, and the negative of such expressions. Forward-looking information in this news release includes, without limitation, statements about: the expected use of the proceeds from the Offering; and the Offering being subject to the final approval of the TSX Venture Exchange.


In connection with the forward-looking information contained in this news release, Copper Fox has made numerous assumptions. Additionally, there are known and unknown risk factors which could cause Copper Fox's actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information contained herein.


Known risk factors include the possibility that: final approval for the Offering will not be obtained from the TSX Venture Exchange and the net proceeds of the Offering will not be used for the purposes currently contemplated.


A more complete discussion of the risks and uncertainties facing Copper Fox is disclosed in Copper Fox's continuous disclosure filings with Canadian securities regulatory authorities at www.sedar.com. All forward-looking information herein is qualified in its entirety by this cautionary statement, and Copper Fox disclaims any obligation to revise or update any such forward-looking information or to publicly announce the result of any revisions to any of the forward-looking information contained herein to reflect future results, events or developments, except as required by law.


To view the source version of this press release, please visit https://www.newsfilecorp.com/release/44403

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8020Admin posted an update in COPPER FOX METALS INC.

3 months

Copper Fox Metals (TSXV:CUU)(OTC Pink: CPFXF) CEO Elmer Stewart joined the Investing News Network to discuss the future of copper demand and why he sees copper playing a critical role in future industries.

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8020Admin

3 months

8020Admin posted a press release Copper Fox Announces Schaft Creek Update in COPPER FOX METALS INC.

Calgary, Alberta--(Newsfile Corp. - April 17, 2019) - Copper Fox Metals Inc. (TSXV: CUU) (OTC Pink: CPFXF) ("Copper Fox" or the "Company") is pleased to provide its shareholders an update on the work completed by the Schaft Creek Joint Venture ("SCJV") for the Schaft Creek copper-gold-molybdenum project located in northwestern British Columbia. The Schaft Creek project is managed through the SCJV. Teck Resources Limited ("Teck") is the Operator of the SCJV and holds a 75% interest with Copper Fox holding the remaining 25%.


Highlights:



  • The sizing and infrastructure alternatives study initiated in 2018 was completed with positive results and a more in-depth conceptual study has been initiated.

  • The SCJV has agreed to further evaluate the identified engineering improvements options to reduce capital and operating costs assuming a 130 ktpd (same as the 2013 feasibility study) throughput case.

  • In addition to the planned field studies, a review of the site characteristics of potential revisions to key infrastructure elements, e.g., tailing storage, conveyance systems, ore and waste transport options, and mill location, will take place in 2019 on the basis of a 130 ktpd throughput case.


Elmer B. Stewart, President and CEO of Copper Fox, stated: "Copper Fox is pleased with the methodical advance and assessment of value opportunities from 2018 that have informed the 2019 program. Now that the sizing and infrastructure alternatives study initiated in 2018 has been completed with positive preliminary results, more in-depth study work is expected to confirm the potential capital and operating cost improvements. The collection of additional baseline environmental data and ongoing work with the Tahltan Nation is also planned."


Elmer B. Stewart, MSc. P. Geol., President and CEO of Copper Fox, is the Company's non-independent, nominated Qualified Person pursuant to National Instrument 43-101, Standards for Disclosure for Mineral Projects, and has reviewed and approves the scientific and technical information disclosed in this news release.


About Copper Fox:


Copper Fox is a Tier 1 Canadian resource company listed on the TSX Venture Exchange (TSXV: CUU) focused on copper exploration and development in Canada and the United States. The principal assets of Copper Fox and its wholly owned Canadian and United States subsidiaries, being Northern Fox Copper Inc. and Desert Fox Copper Inc., are the 25% interest in the Schaft Creek Joint Venture with Teck Resources Limited on the Schaft Creek copper-gold-molybdenum-silver project located in northwestern British Columbia and a 100% ownership of the Van Dyke oxide copper project located in Miami, Arizona. For more information on Copper Fox's other mineral properties and investments visit the Company's website at http://www.copperfoxmetals.com.


For additional information contact: Lynn Ball at 1-844-464-2820 or 1-403-264-2820.


On behalf of the Board of Directors


Elmer B. Stewart
President and Chief Executive Officer


Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.


Cautionary Note Regarding Forward-Looking Information


This news release contains "forward-looking information" within the meaning of the Canadian securities laws. Forward-looking information is generally identifiable by use of the words "believes," "may," "plans," "will," "anticipates," "intends," "budgets", "could", "estimates", "expects", "forecasts", "projects" and similar expressions, and the negative of such expressions.


Forward-looking information in this news release include statements about: further evaluating engineering improvements options to reduce capital and operating costs; a review of the site characteristics of potential revisions to key infrastructure elements taking place in 2019; collection of environmental baseline data and ongoing consultation with the Tahltan Nation.


In connection with the forward-looking information contained in this news release, Copper Fox has made numerous assumptions regarding, among other things: a 130 ktpd throughput case; the geological, metallurgical, engineering, financial and economic advice that Copper Fox has received is reliable and is based upon practices and methodologies which are consistent with industry standards; the speed of field studies; and the stability of economic and market conditions. While Copper Fox considers these assumptions to be reasonable, these assumptions are inherently subject to significant uncertainties and contingencies.


Additionally, there are known and unknown risk factors which could cause Copper Fox's actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information contained herein. Known risk factors include among others: the 2019 Schaft Creek program may not be completed as planned or at all; the permitting and social aspects of the project, the additional field activities and the in-depth conceptual study may not occur within the time expected frame or at all; uncertainties relating to interpretation of the previous results; the overall economy may continue to deteriorate; the need to obtain additional financing and uncertainty of meeting anticipated program milestones; uncertainty as to the availability and terms of future financing; the possibility of delay in exploration or development programs; fluctuations in copper prices and demand; currency exchange rates; conditions in the financial markets; and uncertainty as to timely availability of permits and other governmental approvals.


A more complete discussion of the risks and uncertainties facing Copper Fox is disclosed in Copper Fox's continuous disclosure filings with Canadian securities regulatory authorities at www.sedar.com. All forward-looking information herein is qualified in its entirety by this cautionary statement, and Copper Fox disclaims any obligation to revise or update any such forward-looking information or to publicly announce the result of any revisions to any of the forward-looking information contained herein to reflect future results, events or developments, except as required by law.


To view the source version of this press release, please visit https://www.newsfilecorp.com/release/44131

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DArcy Funfer

3 months

DArcy Funfer posted an update 8020 Welcomes Copper Fox Metals in COPPER FOX METALS INC.

8020 Connect would like to give a warm welcome to all of the Copper Fox Metals current shareholders and interested investors to their group!


D'Arcy Funfer,


President 8020 Connect Inc.

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Media Relations posted an update in COPPER FOX METALS INC.

3 months

Copper Fox Metals Inc (CVE: CUU) President & CEO Elmer Stewart spoke with Proactive Investors at the Prospectors & Developers Association of Canada in Toronto. The Canadian copper exploration and development company's Canadian and United States subsidiaries Northern Fox Copper Inc and Desert Fox Copper Inc are the 25% interest in the Schaft Creek Joint Venture with Teck Resources Limited on the Schaft Creek copper-gold-molybdenum-silver project in British Columbia and a 100% ownership of the Van Dyke oxide copper in Miami, Arizona.

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