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.

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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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Copper Fox Identifies Drilling Targets on Sombrero Butte Copper Project


Copper Fox Identifies Drilling Targets on Sombrero Butte Copper Project

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Calgary, Alberta--(Newsfile Corp. - November 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 provide a compilation of the analytical results and field observations from the 2019 program on the Sombrero Butte copper project in Arizona.


The Sombrero Butte property comprises 2,913 acres in the heart of the Laramide age copper porphyry belt in the state of Arizona, USA. The property is located 71 kilometers NE of Tucson, Arizona, and adjoins the Copper Creek porphyry copper deposit located approximately 3 kilometers north. Copper Creek is characterized by an abundance of mineralized breccia pipes exposed in outcrop overlying the porphyry deposit. These breccia pipes are a significant geological feature of the Copper Creek porphyry deposit and other porphyry copper deposits and mines throughout Arizona.


2019 Program Highlights:



  • Analysis from the 199 samples submitted to Skyline Assayers and Laboratories in Tucson, have been received.

  • A new area (600m by 500m) of copper-molybdenum mineralization hosted in the Laramide age Copper Creek granodiorite has been identified.

  • A 1,500m long by 600m wide area of copper-molybdenum mineralization coincides with the chargeability anomaly, a significant portion of which is hosted in the Laramide age Glory Hole Volcanics.

  • The chargeability anomaly and the two areas of copper-molybdenum mineralization show a spatial correlation with the NNW trending Range Front Fault system, consistent with a major porphyry mineralized trend in Arizona.

  • The mineralized structures demonstrate an NNW and ENE trend, consistent with the Laramide mineralized trends in Arizona.

  • The highest copper and molybdenum values occur in grey porphyry dikes with most of the significant copper-molybdenum concentrations occurring in the Laramide age Glory Hole Volcanics,

  • The trace element geochemical data has outlined a zone of potassic alteration that transitions to a pyrite + sericite halo to the east in the Glory Hole Volcanics.

  • The breccia pipes and mineralized structures within the Glory Hole Volcanics indicates upward migration of hydrothermal fluids from a buried porphyry system.

  • Drilling targets have been identified; an application is being prepared for a permit to conduct a drilling program in 2020.


Elmer B. Stewart, President and CEO of Copper Fox, stated, "We are pleased to have achieved our objectives with the exploration work completed so far at Sombrero Butte. We've continued to technically de-risk the property to the point where the results received so far have identified the surface footprint of a large porphyry system and has provided us with the confidence required to establish drillhole locations to test the potential of this copper porphyry system."


Geological Model:


The Sombrero Butte project is underlain by a multi-phase porphyry copper system hosted in the Copper Creek granodiorite. Evolution of the porphyry system resulted in the formation of sulphide mineralization as indicated by the chargeability anomaly and intensity of mineralized veins (formerly pyrite veins) exposed in a portion of the Copper Creek intrusive. Intrusive activity and expulsion of mineralized fluids upwards into the overlying Glory Hole Volcanics resulted in the formation of mineralized dikes, vein/veinlets and breccia pipes and the easterly transition from potassic to pyrite-sericite alteration which support the interpreted down dip extension of the porphyry system to the northeast under the Glory Hole Volcanics. Subsequent uplift and erosion followed by a prolonged period of oxidization and leaching is evidenced by the variable copper-molybdenum concentrations contained in oxidized breccia pipes and mineralized structures exposed in outcrop.


Geology:


The area covered by the 2019 program is underlain by the Copper Creek granodiorite, the eastern extension of which is covered by older Laramide age Glory Hole Volcanics. The 2019 program located several previously unknow outcrops of Copper Creek granodiorite, a significant number of breccia pipes (47) and a series of NNW and ENE trending grey porphyry, dark porphyry, granite porphyry and diorite porphyry dikes.


Mineralization:


The copper-molybdenum mineralization exhibits a strong structural control and occurs in steep and shallow dipping veins and veinlets in two NNW trending zones hosted in Copper Creek granodiorite and Glory Hole Volcanics. Within these two zones, the mineralized structures exhibit prominent NNW and ENE trends. The highest copper-molybdenum concentrations occur in grey porphyry, with the majority of the of the higher copper-molybdenum concentrations occurring within the Laramide age Glory Hole Volcanics. The table below outlines the Median, Mean and Range of Values for copper, molybdenum, gold and silver.


Read more here:  https://quotemedia.com/portal/quote?qm_symbol=CUU%3ACA&qmodStoryID=6164508312948909 

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Calgary, Alberta--(Newsfile Corp. - November 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 provide a compilation of the analytical results and field observations from the 2019 program on the Sombrero Butte copper project in Arizona.

The Sombrero Butte property comprises 2,913 acres in the heart of the Laramide age copper porphyry belt in the state of Arizona, USA. The property is located 71 kilometers NE of Tucson, Arizona, and adjoins the Copper Creek porphyry copper deposit located approximately 3 kilometers north. Copper Creek is characterized by an abundance of mineralized breccia pipes exposed in outcrop overlying the porphyry deposit. These breccia pipes are a significant geological feature of the Copper Creek porphyry deposit and other porphyry copper deposits and mines throughout Arizona.

2019 Program Highlights:

  • Analysis from the 199 samples submitted to Skyline Assayers and Laboratories in Tucson, have been received.
  • A new area (600m by 500m) of copper-molybdenum mineralization hosted in the Laramide age Copper Creek granodiorite has been identified.
  • A 1,500m long by 600m wide area of copper-molybdenum mineralization coincides with the chargeability anomaly, a significant portion of which is hosted in the Laramide age Glory Hole Volcanics.
  • The chargeability anomaly and the two areas of copper-molybdenum mineralization show a spatial correlation with the NNW trending Range Front Fault system, consistent with a major porphyry mineralized trend in Arizona.
  • The mineralized structures demonstrate an NNW and ENE trend, consistent with the Laramide mineralized trends in Arizona.
  • The highest copper and molybdenum values occur in grey porphyry dikes with most of the significant copper-molybdenum concentrations occurring in the Laramide age Glory Hole Volcanics,
  • The trace element geochemical data has outlined a zone of potassic alteration that transitions to a pyrite + sericite halo to the east in the Glory Hole Volcanics.
  • The breccia pipes and mineralized structures within the Glory Hole Volcanics indicates upward migration of hydrothermal fluids from a buried porphyry system.
  • Drilling targets have been identified; an application is being prepared for a permit to conduct a drilling program in 2020.

Elmer B. Stewart, President and CEO of Copper Fox, stated, "We are pleased to have achieved our objectives with the exploration work completed so far at Sombrero Butte. We've continued to technically de-risk the property to the point where the results received so far have identified the surface footprint of a large porphyry system and has provided us with the confidence required to establish drillhole locations to test the potential of this copper porphyry system."

Geological Model:

The Sombrero Butte project is underlain by a multi-phase porphyry copper system hosted in the Copper Creek granodiorite. Evolution of the porphyry system resulted in the formation of sulphide mineralization as indicated by the chargeability anomaly and intensity of mineralized veins (formerly pyrite veins) exposed in a portion of the Copper Creek intrusive. Intrusive activity and expulsion of mineralized fluids upwards into the overlying Glory Hole Volcanics resulted in the formation of mineralized dikes, vein/veinlets and breccia pipes and the easterly transition from potassic to pyrite-sericite alteration which support the interpreted down dip extension of the porphyry system to the northeast under the Glory Hole Volcanics. Subsequent uplift and erosion followed by a prolonged period of oxidization and leaching is evidenced by the variable copper-molybdenum concentrations contained in oxidized breccia pipes and mineralized structures exposed in outcrop.

Geology:

The area covered by the 2019 program is underlain by the Copper Creek granodiorite, the eastern extension of which is covered by older Laramide age Glory Hole Volcanics. The 2019 program located several previously unknow outcrops of Copper Creek granodiorite, a significant number of breccia pipes (47) and a series of NNW and ENE trending grey porphyry, dark porphyry, granite porphyry and diorite porphyry dikes.

Mineralization:

The copper-molybdenum mineralization exhibits a strong structural control and occurs in steep and shallow dipping veins and veinlets in two NNW trending zones hosted in Copper Creek granodiorite and Glory Hole Volcanics. Within these two zones, the mineralized structures exhibit prominent NNW and ENE trends. The highest copper-molybdenum concentrations occur in grey porphyry, with the majority of the of the higher copper-molybdenum concentrations occurring within the Laramide age Glory Hole Volcanics. The table below outlines the Median, Mean and Range of Values for copper, molybdenum, gold and silver.

Read more here:  https://quotemedia.com/portal/quote?qm_symbol=CUU%3ACA&qmodStoryID=6164508312948909 


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