Copper Fox Metals Inc. announced today that, due to the recent overall downturn in the public market, the Company intends, subject to the approval of the TSX Venture Exchange, to re-price its non-brokered private placement, that was previously announced in a news release dated February 13, 2020, to raise up to $1,800,000 in gross proceeds . The re-priced Offering will consist of up to 30,000,000 units at a price of $0.06 [...]
Copper Fox Metals Inc. is pleased to announce that it intends to complete, subject to the approval of the TSX Venture Exchange, a non-brokered private placement to raise up to $1,800,000 in gross proceeds . The Offering will consist of up to 22,500,000 units at a price of $0.08 per Unit. Each Unit will consist of one common share in the capital of the Company and one-half common share purchase warrant . Each whole Warrant [...]
Copper Fox Metals Inc. is pleased to announce that it, through its wholly owned subsidiary, Northern Fox Copper Inc. , has entered into a property acquisition agreement dated February 9, 2020 to purchase the 6 contiguous mineral claims totaling approximately 15,956 hectares located in the Liard Mining Division of northern British Columbia that comprise the Eaglehead Property from District Copper Corp. . The aggregate [...]
Copper Fox Metals Inc. is pleased to announce that its audited annual consolidated October 31, 2019 financial statements have been filed on SEDAR. All of the Company's material subsidiaries are wholly owned, except for District Copper Corp. , of which the Company owns 24.3% of the outstanding common shares, which is accounted for as an investment in associate. For the year ended October 31, 2019, Copper Fox had a net loss [...]
Copper Fox Metals Inc. and its wholly owned subsidiary, Desert Fox Copper Inc. 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 [...]
Copper Fox Metals Inc. is pleased to provide shareholders an update of activities for the Schaft Creek Joint Venture and its 100% owned Van Dyke and Sombrero Butte copper projects. Highlights The field portion of the 2019 Schaft Creek program has been completed, field crews have been demobilized, and the camp facilities are now protected for winter. The 2019 Schaft Creek program is expected to be complete by the end of [...]
Copper Fox Metals Inc. and its wholly owned subsidiary, Desert Fox Copper Inc. are pleased to announce that the proposed 2019 mapping and sampling program on the Sombrero Butte project is underway. The Sombrero Butte project is underlain by Precambrian age Pinal Schist, older Laramide age Glory Hole Volcanics, younger Laramide age Copper Creek granodiorite and much younger Galiuro Volcanics. The Copper Creek granodiorite [...]
Copper Fox Metals Inc. and its wholly owned subsidiary, Desert Fox Copper Inc. are pleased to provide shareholders analytical results for the last four drill holes and a brief summary of the 2019 analytical program from the Van Dyke In-Situ Leach oxide copper project. The 2019 analytical program was completed to support an updated resource estimate for the Van Dyke deposit. Highlights: DDH-OXY-48 returned an average of [...]
Copper Fox Metals Inc. is pleased to announce that its unaudited interim consolidated three and nine months ended July 31, 2019 financial statements have been filed on SEDAR. All of the Company's material subsidiaries are wholly owned. The Company also owns 24.4% of District Copper Corp. common shares outstanding. For the nine months ended July 31, 2019, Copper Fox had a net loss of $5,438,843 which equated to $0.01 loss [...]
Copper Fox Metals Inc. is pleased to provide shareholders and update of activities on its 100% owned Van Dyke and Sombrero Butte copper projects. Highlights: The two drill holes disclosed in this news release were not included in the maiden resource estimate completed in 2014. At Van Dyke DDH OXY-41 returned an average of 0.208% acid soluble copper over a 100.58m core interval; the mineralized interval is open at depth [...]
Copper Fox Metals Inc. and its wholly owned subsidiary, Desert Fox Copper Inc. are pleased to provide shareholders an update of activities and analytical results for the Van Dyke In-Situ Leach oxide copper project . Highlights: Moose Mountain Technical Services 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 Fox Metals Inc. and its wholly owned subsidiary, Desert Fox Copper Inc. are pleased to announce the initial results from the Phase II analytical program on the Van Dyke In-Situ Leach oxide copper deposit . Highlights: DDH-OXY-17B returned an average of 0.297% acid soluble copper 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 [...]