Mr. Elmer Stewart reports

COPPER FOX ANNOUNCES IP SURVEY FOR MINERAL MOUNTAIN COPPER PROJECT

Copper Fox Metals Inc. and its wholly owned subsidiary, Desert Fox Copper Inc., plan to complete a deep penetrating induced polarization (chargeability/resistivity) survey on its 100-per-cent-owned Mineral Mountain copper project located approximately 15 miles east of Florence, Ariz.

Highlights

• 12.5 kilometres of geophysical survey to test the continuity at depth of the copper mineralization in target No. 1 and target No. 2. The survey will map the chargeability and resistivity signatures to an average depth of 600 metres below surface. Target No. 1 is hosted in Laramide age mineralized multiphase intrusive stock and measures 4,500 metres long by up to 2,000 m wide;
• Target No. 2 is hosted in Precambrian granite and diabase, measuring 2,800 m long by 400 m wide, located approximately 800 m southeast of target No. 1.

Elmer B. Stewart, president and chief executive officer of Copper Fox, stated: "The objective of the geophysical survey is to advance the project to the drill-ready stage by mapping the chargeability/resistivity signatures below the copper mineralization exposed in outcrop on both targets. Assuming positive results, the data will be combined with previous work to select drill hole locations."

Geological model

The geological model centres on a multiphase Laramide age intrusive with mineralized and non-mineralized granodiorite phases and a mineralized quartz monzonite phase intruding the Precambrian Pinal schist. The intrusive has been age dated at 69.7 million annum plus or minus 400,000 million annum utilizing uranium/lead zircon age dating and is cut by a series of syn-mineralization and late-stage dikes of varying composition. Porphyry copper style of mineralization and alteration occurs in a large portion of the stock.

Petrographic studies

Petrographic studies indicate an early potassic phase, overprinted by pervasive sericite and late-stage propylitic alteration and transformation of primary chalcopyrite to secondary malachite, covellite and chalcocite due to weathering/oxidization/enrichment processes that were active after the Laramide hydrothermal event.

Mineralization

Target No. 1 consists of three overlapping styles of copper mineralization occurring as disseminations, and in northeast- and northwest-striking quartz vein/veinlet stockwork and fractures.

In target No. 2, copper mineralization occurs in quartz vein/vein stockworks and fractures hosted in Precambrian Pinal schist, diabase and the Ruin granite with similar strike and dip directions to that observed in target No. 1.

Analytical results

The copper mineralization exposed in outcrop is interpreted to represent the lower portion of the supergene zone that resulted from cycles of weathering/oxidization/metal enrichment that occurred after the Laramide hydrothermal event. The supergene process increases certain metal concentrations at the bottom of the weathered zone which suggests that the samples used to determine average concentrations, median values and range of metal concentrations shown in the attached table are not necessarily representative of the mineralization on the property.

                                 AVERAGE CONCENTRATIONS

Style of             No. of          Cu          Cu          Mo          Au          Ag
mineralization      samples        (ppm)         (%)       (ppm)       (ppb)       (ppm)

Disseminated             47       5,752       0.575        71.8        57.9         6.6
Quartz vein             141      12,020       1.202        65.3       127.5        16.3
Fracture                135       4,223       0.422        13.6        43.1         7.3

Cu: copper, Mo: molybdenum, Au: gold, Ag: silver, ppm is parts per million and ppb is 
    parts per billion.

                                   MEDIAN VALUES

Style of            No. of         Cu         Cu         Mo         Au         Ag
mineralization     samples       (ppm)        (%)      (ppm)      (ppb)      (ppm)

Disseminated            47      2,595      0.259        4.0       11.0        2.3
Quartz vein            141      5,770      0.577       10.7       28.0        2.6
Fracture               135      1,523      0.152        3.0       10.0        1.5

                                       RANGE OF THE METAL CONCENTRATIONS

Style of               No. of               Cu                Cu               Mo           Au             Ag
mineralization        samples             (ppm)               (%)            (ppm)        (ppb)          (ppm)

Disseminated               47     73 to 20,200     0.007 to 2.20     0.5 to 1,060     5 to 696    0.4 to 65.4
Quartz vein               141    80 to 103,800    0.008 to 10.38     0.2 to 2,080     5 to 872     0.2 to 483
Fracture                  135     13 to 30,000     0.001 to 3.00       0.5 to 282     5 to 465    0.2 to 65.4

Analytical and sampling procedures

Analytical results used in this news release represent selected rock chip samples of the three styles of mineralization from the Mineral Mountain project. The samples were collected to characterize the base metals and trace element geochemistry present in veins, other mineralized structures and outcrops. The samples were picked up from the site by Skyline Laboratories of Tucson, Ariz.

The samples were crushed to plus 75 per cent minus 10 mesh, split and pulverized to plus 95 per cent minus 150 mesh. Pulps were subjected to a multiacid digest (HNO3, HF and HClO4). Gold was analyzed on a 30-gram charge by fire assay (FA-01) with an atomic absorption finish. Skyline's package code TE-5 was used to analyze the samples for the base and other trace elements. Metal concentration in samples exceeding the upper limit of detection was assayed for copper using (MEA) and silver (FA-04). Skyline has an ISO/IEC 17025/2005 accreditation.

Elmer B. Stewart, MSc, PGeol, president and chief executive officer of Copper Fox, is the company's non-independent, nominated qualified person pursuant to National Instrument 43-101, Standards of Disclosure for Mineral Projects, and has reviewed and approves the scientific and technical information disclosed in this news release.

About Copper Fox Metals Inc.

Copper Fox is a Tier 1 Canadian resource company listed on the TSX Venture Exchange, 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-per-cent interest in the Schaft Creek joint venture with Teck Resources Ltd. on the Schaft Creek copper-gold-molybdenum-silver project located in northwestern British Columbia and the 100-per-cent ownership of the Van Dyke oxide copper project located in Miami, Ariz. For more information on Copper Fox's other mineral properties and investments, visit the company's website.

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