Copper Fox’s advantage is based on a number of factors all of which relate directly to the probability of success in the mineral industry. Our Advantage can be summed up as follows;
- Management team with substantial experience in exploration and mining operations.
- Balanced portfolio of potentially large, low cost exploration and development projects in proven mining districts.
- Operations in politically stable and mining friendly jurisdictions.
- A corporate strategy based on asset value and a solid understanding of what makes a successful project.
Copper Fox’s assets are located in proven mineral provinces referred to as the “Golden Triangle” in British Columbia and in the “Laramide Copper Province” in Arizona, both mining friendly and geopolitical stable jurisdictions. These mineral provinces host the largest polymetallic porphyry copper deposits and mining districts in North America.
Copper Fox is unique in its peer group in that it has a 25% carried to production interest and future cash payments based on certain project milestones in the Schaft Creek porphyry copper project and a 100% interest in the Van Dyke In-Situ Leach oxide copper project, two advanced stage development projects with National Instrument 43-101 Technical Reports. The Schaft Creek project is operated by Teck Resources Limited through the Schaft Creek Joint Venture pursuant to which Teck is responsible for funding the project. Large projects such as Schaft Creek require experienced operators like Teck to advance the project to the production stage while at the same time minimizing project risks.
In addition to Schaft Creek and Van Dyke, Copper Fox holds 100% working interest in two exploration stage porphyry copper projects in Arizona and indirect exposure to copper-gold exploration in British Columbia and Newfoundland through it share ownership of District Copper Corp.
The potential to locate additional resources at the Schaft Creek and Van Dyke projects is considered excellent in that both projects have a number of mineralized targets remaining to be drill tested. At Van Dyke the recent work indicates that the mineralized envelope for the deposit could be considerably larger than that set out in the maiden resource estimate completed in 2014. The two large porphyry copper targets on the Mineral Mountain project provides significant exploration upside. Positive exploration results on Copper Fox’s other exploration projects could result in a new mineral discovery. Exploration discoveries and increases to the Company’s resource base adds asset value.