Mr. Elmer Stewart reports
COPPER FOX COMMENCES MAIDEN DRILLING PROGRAM AT MINERAL MOUNTAIN PORPHYRY COPPER PROJECT
Drilling operations have commenced on Copper Fox Metals Inc. wholly owned subsidiary Desert Fox Mineral Mountain Co.'s 100-per-cent-owned Mineral Mountain porphyry copper project in Arizona. The Mineral Mountain project is located on a prolific northeast-trending porphyry copper belt approximately 25 kilometres (km) southwest from Rio Tinto and BHP's giant Resolution porphyry copper-molybdenum deposit and approximately 20 km northeast of the Florence porphyry copper deposit.
The diamond drilling program is designed to drill test at depth the large area of copper-molybdenum mineralization and alteration exposed at surface and the equally large, open ended positive chargeability body at depth. A brief description of the porphyry copper target to be tested is set out below.
Porphyry copper target
- Copper and molybdenum mineralization occurs over an area of approximately 4,500 metres (m) long up to 2,000 m wide and is underlain by an open-ended, northeast-trending positive chargeability anomaly (greater than 14 mrad) measuring approximately 3,200 m by 1,200 m.
- The copper mineralization is hosted in Laramide age, potassic, propylitic, and phyllic altered porphyritic and non-porphyritic quartz monzonites and biotite granodiorites, typical host rocks for porphyry copper deposits in Arizona.
- Copper mineralization contains enhanced gold concentrations, several Laramide age porphyry copper deposits in Arizona contain enhanced gold concentrations.
- The copper mineralization contains a significant amount of chalcocite, a copper sulphide mineral that results from weathering/oxidization/supergene cycles and is typically observed in Laramide age porphyry copper deposits in Arizona.
Elmer B. Stewart, president and chief executive officer of Copper Fox, stated: "Copper Fox is excited to test this large, high-quality porphyry copper target that exhibits the mineralization, alteration, host rocks and geophysical signatures typically observed at other porphyry copper deposit in Arizona. The size of the porphyry footprint and its location on a northeast-trending porphyry copper belt that hosts some of the largest porphyry copper deposit in Arizona is an indication of the porphyry potential of the Mineral Mountain project."
Rationale for drill plan
The objective of the 2025 drilling program is to drill test the depth extent of the porphyry style copper-molybdenum mineralization and alteration exposed on surface and determine the cause of the underlying, equally large open-ended chargeability anomaly.
The drilling program calls for up to 2,000 m of drilling in four locations as specified in the drilling permit. Copper Fox has designed a flexible drilling program to consider the possibility of extending the length of a drill hole depending on observations in drill core based on the factors such as presence and abundance of copper mineralization, veining and associated alteration patterns. While this could result in extending the depth of a drill hole there is a possibility that the planned drilling could result in less than the four drill holes being completed.
Qualified person
Elmer B. Stewart, MSc, PGeo, president and chief executive officer 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 Metals Inc.
Copper Fox is a Canadian resource company focused on copper exploration and development in Canada and the United States. Copper Fox, and its wholly owned subsidiaries being Northern Fox Copper Inc. and Desert Fox Copper Inc., assets 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, the 100-per-cent-owned Eaglehead polymetallic porphyry copper project each located in northwestern British Columbia, and the 100-per-cent ownerships of the Van Dyke ISCR project, and the Mineral Mountain and Sombrero Butte porphyry copper exploration projects all located in Arizona.
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