Projects

Copper Fox is a copper development company with advanced stage assets in British Columbia and Arizona, two of the world’s top copper mining jurisdictions.  The Company’s flagship asset its 25% interest in the Schaft Creek project, a major porphyry copper deposit in northwestern British Columbia, operated by Teck Resources Limited (75%).  In Arizona, Copper Fox owns the Van Dyke project, a low-impact more environmentally friendly, in-situ copper recovery (ISCR) project with potential to become a near-term, mid-size copper producer.  The Company also owns the Eaglehead porphyry copper project which is at the resource definition stage in British Columbia, and two exploration stage porphyry copper projects in Arizona, the Sombrero Butte and Mineral Mountain projects.  Copper Fox’s projects collectively provide scalable, long-term upside.

Copper Fox’s two advanced stage projects anchor a total copper equivalent inventory exceeding 7.3 billion pounds that includes large quantities of gold, molybdenum and silver.  Copper Fox’s assets offer additional upside through; resource expansion, exploration discovery and strategic optionality.  Copper Fox is establishing itself as a sustainable supplier of critical metal projects to meet future critical 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.  Pursuant to the joint venture agreement, Teck is responsible for providing all funding for the project up to production.
• Schaft Creek comprises 60,268 hectares and is one of the largest undeveloped porphyry copper-gold-molybdenum-silver deposits in North America, located in an area of northwestern BC 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 2021 Mineral Resource Estimate (MRE) update. Click here for MRE
• The 2021 Preliminary Economic Assessment (PEA) yielded an after-tax NPV 8% of US$842M, an IRR of 12.9%, producing 5.0Blb of Cu, 3.7Moz of Au, 226.0Mlb of Mo and 16.4Moz of Ag over a 21 year mine life utilizing approximately 60% of the resource base.  Metal prices used in the 2021 PEA were US$3.25/lb Cu, US$1,500/oz Au, US$10/lb Mo and US$20/oz Au.  Click here for PEA
• The objective of the 2025 program is to transition the project from the scoping study stage to the prefeasibility study (PFS) stage.  The SCJV anticipates commencing the PFS in 2026 pending the recommendations of internal reviews.
• The 2025 program includes geotechnical drilling, geophysical surveys, environmental baseline, wildlife, aquatic, hydrogeology and archeological studies, covering two critical areas of the project infrastructure, completion of the geometallurgical program and updating pit slope stability, geological, hydrogeological and mineral resource models as required.

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, AZ.
• Van Dyke is an ISCR project that intends to utilize an in-situ leaching method to recover soluble copper.  Florence Copper’s ISCR project located approximately 100km west of the Van Dyke project is currently in the construction phase with first production scheduled by the end of 2025.
• The 2020 MRE substantially increased the mineral resource. Click here for MRE
• The 2020 PEA reported an after-tax NPV 7.5% of US$645M, an IRR of 43.4%, producing 1.1Blbs 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 favourable results that could have a positive impact on project design and predicted copper production. 
• Hydrogeological and ground water sampling programs commenced in 2024 to support the development of a Conceptual Hydrogeological Site Model.
• An Execution Plan containing detailed discussions of the work, estimated costs, timelines and permitting required to advance the project to the PFS stage has been prepared.  Completion of the PFS is expected to take three years to complete at an estimated cost of US$23.4 million.

Exploration Stage Projects

Copper Fox owns a 100% interest in three prospective exploration stage porphyry copper projects. Eaglehead is at the resource definition stage and Sombrero Butte and Mineral Mountain are high quality drill ready 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 (158.3km2) of the Lower Jurassic age Eaglehead Pluton located in the Liard Mining District, 50km east of Dease Lake, BC.
• The porphyry mineralization consists of copper-gold-molybdenum-silver located within an 8km long by 3km wide mineralized trend, the “mineralized corridor”. 
• The mineralized corridor hosts four open-ended porphyry copper deposits and two areas of porphyry style mineralization located along the apex of the 2025 chargeability anomaly, approximately 5% of the chargeability anomaly has been tested by drilling.
• The 2023 MRE significantly increased the mineral resource. Click here for MRE
• Preliminary metallurgical testwork indicated the mineralization responded well to standard flotation recovery methods (locked cycle tests) yielding a final copper/molybdenite bulk concentrate that assayed 29.6% Cu, 2.72% Mo, 28.2 g/t Au, and 175.9 g/t Ag, at recoveries of 89.9% Cu, 71.1% Mo, 78.6% Au and 78.1% Ag.
• The 2025 geophysical survey substantially expanded the size of the chargeability anomaly along strike and down dip to the north and provided a better understanding of the dimensions and potential size of the porphyry target to optimize future drillng programs.  The chargeability anomaly is open to the northwest.

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, AZ and approximately 3km south of Faraday’s Copper Creek porphyry copper deposit.
• The property contains multiple clusters of mineralized breccia pipes associated with one or more porphyry systems at depth.  Historical drilling of selected mineralized breccia pipes returned various core intervals of high-grade copper mineralization to a depth of 500m below surface.
• Copper-molybdenum mineralization occurs in quartz veins and veinlets associated with a central zone of early stage potassic and propylitic alteration and a later strong phyllic overprint.  The mineralization and alteration are underlain by a strong, positive chargeability anomaly.
• The positive chargeability anomaly, (>12mv/s/25 millirads) measures 2,400m long by 1,500m wide and extends to depths exceeding 800m, shows a strong spatial correlation with moderate to intense limonite (after pyrite) alteration/staining within the Laramide age Glory Hole volcanics.
• Historical copper production from 1903-1920 at the Magma Chief Mine exploited high grade mineralized breccia pipes with ‘low-grade’ ore assaying 3-5% and ‘higher-grade’ ore assaying 20-33%.
• Preparation of a Plan of Operation to conduct a drill program to test the porphyry target at depth is expected to be filed in November 2025.

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

• At Mineral Mountain a ‘maiden’ four-hole drilling program is planned to commence mid-October 2025 to test a large gold enhanced porphyry copper-molybdenum target.
• The Mineral Mountain porphyry copper project covers 1,751 hectares located in the Mineral Mountain Mining District east of Florence, AZ.
• The project is located on a 100km long, northeast trending porphyry copper belt that hosts the Casa Grande, Florence, Resolution and Globe-Miami porphyry copper deposits.
• The porphyry footprint measures approximately 3,500m long by 1,000m wide characterized by widespread copper-molybdenum mineralization, with over 800 copper showings, and the geology, alteration and positive chargeability signatures indicitive of a buried porphyry copper system.