Copper Fox is focussed on the exploration and development of large copper projects in North America. The Company is uniquely positioned to offer investors exposure to the increasing copper, gold, molybdenum and silver demand by providing critical metals to support the evolution to electrification, transition to a lower carbon environment and future economies.
The Company’s advanced and exploration stage projects are located in Tier 1 geopolitically stable, proven copper mining districts. Utilizing a staged approach, Copper Fox continues to advance all its projects, with three of their five projects reporting Mineral Resource Estimates (‘MREs’) and two of those reporting Preliminary Economic Assessements (‘PEAs’).
The Van Dyke copper project (100% owned), located in Miami, AZ, is advancing to the Prefeasibility Study (‘PFS’) stage. The 2020 updated PEA yielded a post-tax NPV 7.5% of US$645 million, an IRR of 43.3%, identified opportunities that could enhance project valuation and expand the resource base. The PEA also indicated that the project has the potential to be a mid-tier copper producer in the USA. Click here for PEA
The 2021 PEA for the Schaft Creek Cu-Mo-Au-Ag project, located in northwestern BC, yielded (on a 100% basis) a post-tax NPV 8% of US$842 million, an IRR of 12.9% and identified opportunities that could enhance the investment opportunity of the project. The 2024 program, with a budget of C$18.7 million, is focussed on advancing key project parameters to transition the project from the Scoping to the PFS stage. The 2023 program focussed on geotechnical drilling, metallurgical testwork, wildlife, fish and aquatic studies, environmental sampling, permitting and community relations with the Tahltan Nation. Copper Fox holds a 25% carried interest in the Schaft Creek Joint Venture with Teck Resources Limited as Operator. Click here for PEA
The Eaglehead Cu-Mo-Au-Ag project (100% owned), located in northwestern BC, reached a milestone in 2023 with completion of a MRE that included indicated and inferred mineral resource classifications. The focus going forward would be to complete a drilling program to test the continuity of the mineralization between the Bornite and East zones and to continue preliminary metallurgical testwork to better understand the metal recovery variability and comminution characteristics of the porphyry mineralization. Click here for MRE
Mineral Mountain and Sombrero Butte are 100% owned exploration stage copper projects located in proven mining districts in Arizona. These projects have porphyry footprints hosted in Laramide age intrusives with mineralization, alterations and geophysical signatures indicative of large porphyry systems providing investors exposure to the possibility of an exploration discovery.