Chat with us, powered by LiveChat
  • TSX.V: CUU
  •    OTCQX: CPFXF
  •    FRA: HPU
Menu

Projects

Overview

Copper Fox has assembled a balanced portfolio of two advanced stage and three exploration stage copper projects in Tier 1 mining districts in Canada and the United States.  Utilizing a disciplined acquisition strategy and a stage gate approach to exploration, Copper Fox has significantly increased its metal balance and its after tax discounted NPV valuation.  With two projects advancing towards the prefeasibility study (PFS) stage, an advanced exploration stage and two high quality exploraiton stage projects, Copper Fox is establishing itself as a sustainable supplier of critical metals to meet future metal demand.

Advanced Stage Projects

Schaft Creek - British Columbia, Canada - Cu/Au/Mo/Ag

  • The Schaft Creek project is managed through the Schaft Creek Joint Venture (SCJV), Copper Fox holds 25% interest while Teck Resources Limited is the Operator and holds 75% interest.
  • Schaft Creek comprises 62,863 hectares and is one of the largest undeveloped porphyry copper-gold-molybdenum-silver deposits in North America, located in an area of northwestern British Columbia referred to as the “Golden Triangle”.
  • The mineralization contains significant quantities of copper, gold, molybdenum and silver.  The tonnes and average metal grades are included in the 2020 Mineral Resource Estimate update. Click here for MRE
  • The 2021 Preliminary Economic Assessment significantly increased the valuation over the 2013 Feasibility Study, reporting an after-tax NPV 8% of US$842 M, an IRR of 12.9%, producing 5.0 Blbs of copper, 3.7 Moz of gold, 226.0 Mlbs of molybdenum and 16.4 Moz of silver over a 21 year mine life.  Click here for PEA
  • The 2024 program, budgeted at CA$18.7M, is focussed on transitioning the project to the PFS stage in either late 2024 or early 2025.  The 2024 program includes geotechnical drilling, metallurgical testwork, monthly collection of environmental baseline data, wildlife, aquatic, hydrogeology and archeological studies, further investigation of the pre-production timeline and ongoing consultation with the Tahltan Nation.

Van Dyke - Arizona, USA - Cu

  • Copper Fox owns a 100% working interest in the Van Dyke copper project, consisting of 531.5 hectares of mineral rights located in the Globe-Miami Mining District, approximately 145 kilometers (km) east of Phoenix, Arizona.
  • Van Dyke is an in-situ copper recovery (ISCR) project that utilizes the in-situ leaching method to recover soluble copper.  The Florence ISCR project located approximately 100 km west of the Van Dyke project is currently in the construction phase with first production scheduled in the second half of 2025.
  • The 2020 Updated Resource Estimate substantially increased the mineral resource and established for the first time an Indicated mineral resource. Click here for MRE
  • The 2020 Preliminary Economic Assessment reported an after-tax NPV 7.5% of US$645 M, an IRR of 43.4%, producing 1.1 Blbs of copper over a 17 year mine life using a copper price of US$3.15/lb. Click here for PEA
  • In 2024 geotechnical and mineral solubility studies yielded results that could have a positive impact on project design and predicted copper production. 
  • The hydrogeologic and ground water sampling programs that commenced in mid 2024 supports the hydrogeological characterization and development of a conceptual site model (CSM) for the hydrology of the Van Dyke project planned in late 2024.
  • The project is advancing to the PFS stage.

Exploration Stage Projects

Copper Fox owns a 100% interest in three prospective exploration stage porphyry copper projects. Eaglehead is an advanced-stage exploration project and reached a milestone in 2023 with completion of a mineral resource estimate. The Sombrero Butte and Mineral Mountain projects are high quality exploration stage projects situated in the highly prospective Laramide age copper belt of Arizona.  

Eaglehead - British Columbia, Canada - Cu/Au/Mo/Ag 

  • Eaglehead is a porphyry copper project covering 15,713 hectares of the Lower Jurassic age Eaglehead Pluton located in the Liard Mining District, 50 km east of Dease Lake, British Columbia.
  • The porphyry copper-gold-molybdenum-silver mineralization is located within an 8 km long by 3 km wide mineralized trend along the southern margin of the Eaglehead pluton.  The mineralized trend hosts four open-ended porphyry copper deposits and two areas of porphyry style mineralization that occur within a 6 km long positive chargeability anomaly.
  • The 2023 mineral resource estimate (MRE) established for the first time an Indicated mineral resource category as well as a large Inferred mineral resource. Click here for MRE
  • 36,605 m of diamond drilling - 120 mineralized drillholes out of 126 drillholes.
  • 2021 Induced Polarization survey identified the down dip extension of an open-ended 2.5 km by 1.2 km positive chargeability anomaly north of the Pass-Camp zones.  The chargeability anomaly dips to the north and underlies an area of widespread copper mineralization and a strong Cu-Mo in-soil geochemical anomaly.

Sombrero Butte - Arizona, USA - Cu/Mo

  • Sombrero Butte is a porphyry copper project covering 1,179 hectares located in the Bunker Hill Mining District east of Mammoth, Arizona and approximately 3 km south of the Copper Creek porphyry copper deposit.
  • The property contains multiple clusters of mineralized breccia pipes which are interpreted to be associated with one or more porphyry systems at depth.
  • Historical copper production occurred from 1903-1920 at the Magma Chief Mine with ‘low-grade’ ore assaying 3-5% and ‘higher-grade’ ore along open cuts and tunnels assaying 20-33%.
  • Historical drilling of the mineralized breccia pipes yielded the following results:
    • Magma SB-02:        76m of 0.61% Cu
    • Audacious SB-14:  62m of 1.43% Cu
    • Magma SB-23:        62m averaging 1.06% Cu, 0.022% Mo, 0.07 g/t Au and 3.17 g/t Ag
  • Two large chargeability anomalies have been identified, each of which exhibit a spatial association with the mineralized breccia pipes, porphyry style alteration, and Cu-Mo vein hosted mineralization.
  • The current focus is to advance the project to the drill ready stage.  Surface mapping is in progress and a project wide deep penetrating geophysical survey is planned in late 2024.

Mineral Mountain - Arizona, USA - Cu/Mo/Au

  • Mineral Mountain is a “drill ready” porphyry copper project covering 1,751 hectares located in the Mineral Mountain Mining District east of Florence, Arizona.
  • The project is located on a 100 km long, prolific ENE structural trend that hosts the Casa Grande, Florence, Resolution and Globe-Miami porphyry copper deposits.
  • Permitting of the project to conduct a “maiden” four-hole drilling program to test two of the three targets identified to date is underway.
  • The porphyry footprint measures approximately 3,500 m long by 1,000 m wide of Cu-Mo mineralization containing over 800 copper showings and the alteration and geophysical signatures suggesting a buried porphyry copper system.