Copper Fox Metals Inc. ("Copper Fox" or the "Company") (TSX-V: CUU) through its wholly owned subsidiary, Desert Fox Minerals Co. ("Desert Fox") is pleased to provide an update of recent activities on its Van Dyke oxide copper deposit located in the Globe-Miami mining district of Arizona. Copper Fox acquired 100% of Bell Copper Corporation interest in the Van Dyke copper deposit in early 2013 (see News Release dated April 12, 2013).
Mr. Stewart, President and CEO of Copper Fox stated, "The Van Dyke oxide copper deposit is a significant under explored copper asset of the Company. The historical estimation, in-situ leaching test work and production data from an in-situ leach mining operation completed between the early 1970's and 1989 yielded positive results. Our immediate objective at Van Dyke is to complete the geological, engineering, geotechnical and environmental work necessary to prepare a Preliminary Economic Assessment there by establishing a valuation for this project. The Van Dyke oxide copper deposit complements our 25% interest in the large Schaft Creek copper-gold-molybdenum-silver deposit. We expect some or all of the drilling results for the 2013 season at Schaft Creek to be released in December."
Moose Mountain Technical Service ("MMTS"):
Representatives of MMTS have completed a site visit as part of their mandate to review the existing historical exploration data to establish the requirements to bring the historical data base into National Instrument 43-101 ("NI-43-101") requirements. MMTS will also review the previous metallurgical test work and production data to evaluate the potential for in-situ leach mining of the Van Dyke oxide copper deposit as well as make recommendations for additional diamond drilling to generate an NI 43-101 Resource Estimate, and recommend additional studies to complete a Preliminary Economic Assessment if justified.
Knight Piésold Consulting ("Knight Piésold"):
Representatives of Knight Piésold have completed a site visit. Knight Piésold have provided similar consulting services to a number of proposed and operating copper mines in Arizona and will review the following aspects of the Van Dyke oxide copper deposit:
Engineering Services
The scope of the preliminary engineering services at the Van Dyke oxide copper deposit includes; i) Mine Development Alternatives Analyses, ii) Underground Mine Rock Mechanics, iii) Hydrogeology, iv) Surface Geotechnical support and v) Water Management including water balance, ponds, pumping and pipework systems.
Environmental Services
Knight Piésold will prepare an overview of the mining permit applications
required in Arizona to develop an in-situ oxide copper deposit. Knight Piésold have recently provided permit assistance and technical support to several proposed and operating copper mines in Arizona as well as geochemical characterization and hydrological support for numerous environmental permits in Arizona. As a first step, relevant project permits and approvals will be identified that will include; project-related impacts that may trigger compliance with the National Environmental Policy Act (NEPA) production of an Environmental Assessment or Environmental Impact Statement:
Environmental Baseline Studies
Knight Piésold will also design a baseline monitoring system to quantify
existing conditions at the Van Dyke oxide copper deposit as well as i) Air
Quality, ii) Surface and Groundwater Quality and Quantity, iii) Vegetative and Biological Resources, iv) Cultural and Archaeological Resources, v) Social and vii) Public Health and Safety studies.
Elmer B. Stewart, MSc. P. Geol., President of Copper Fox, is the Company's nominated Qualified Person pursuant to National Instrument 43-101, Standards for Disclosure for Mineral Projects, has reviewed the technical information disclosed in this news release.
About Copper Fox
Copper Fox is a Canadian resource development company listed on the TSX-Venture Exchange (TSX-V: CUU) with offices in Calgary, Alberta and Vancouver, British Columbia. In addition to Copper Fox's 25% interest in the Schaft Creek Joint Venture, Copper Fox holds, through Desert Fox and its wholly-owned subsidiaries, the Sombrero Butte copper project located in the Bunker Hill Mining District, Arizona and the Van Dyke copper project located in the Globe-Miami Mining District, Arizona. Desert Fox has opened an operations office in Miami, Arizona.
