Copper Fox is focused 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, a lower carbon environment and the economies of the future.
The Company’s advanced and exploration stage projects are in Tier 1, geopolitically stable, proven copper mining districts. Utilizing a staged approach, Copper Fox continues to advance its projects. Updated Resource Estimates were completed on our advanced stage projects in 2020 and 2021. Click here for Resources
The Company has announced its plans to advance its 100% owned Van Dyke project to the Preliminary Feasibility Stage. The 2020 updated Preliminary Economic Assessment (‘PEA’) yielded a post-tax NPV7.5% of US$645 million, an IRR of 43.3%, identified opportunities that could enhance the investment opportunity, expand the resource base and indicates the project has the potential to be a mid-tier copper project. Click here for PEA
The 2021 Preliminary Economic Assessment for the Schaft Creek project yielded (on a 100% basis) a post-tax NPV8% of US$842 million, an IRR of 12.9% and identified opportunities that could enhance the investment opportunity of the project. A C$6.6 million, metallurgical drilling program is underway on the Schaft Creek deposit focussing on the first five-year pit outlined in the 2021 PEA. Copper Fox holds a 25% carried interest in the Schaft Creek Joint Venture (SCJV) with Teck Resources Limited as Operator. Click here for PEA
Mineral Mountain, Sombrero Butte and Eaglehead are 100% owned exploration stage projects located in proven mineral districts. The Eaglehead project has 120 mineralized drill holes and the Company is working toward advancing the project to the resource estimation stage in late 2022. The Sombrero Butte and Mineral Mountain projects have porphyry footprints hosted in Laramide age intrusives with mineral assembles, alterations and geophysical signatures indicative of large porphyry systems providing investors exposure to exploration discoveries.