3 minute read - Published 10:15 AM EST, Sunday September 22
This article was authored by Peyton Baird of witan nook.
Copper Fox Metals Inc. has strategically positioned itself with a diverse portfolio encompassing two advanced-stage and three exploration-stage copper projects. These projects span across renowned Tier 1 mining districts in Canada and the United States, each contributing uniquely to Copper Fox's growth strategy and commitment to sustainability in mining.
Schaft Creek copper project | Copper Fox Metals
Schaft Creek - British Columbia, Canada (Advanced Stage Projects)
At the heart of Copper Fox's advanced stage projects lies Schaft Creek, a colossal endeavour situated in British Columbia's esteemed "Golden Triangle." Covering an expansive 56,180 hectares, Schaft Creek hosts one of North America's largest undeveloped porphyry copper-gold-molybdenum-silver deposits. Teck Resources Limited operates the project with Copper Fox holding a substantial 25% interest. The 2021 Preliminary Economic Assessment (PEA) underscored Schaft Creek's potential, revealing an after-tax NPV of US$842 million and an IRR of 12.9%. Over a projected 21-year mine life, the project anticipates producing 5.0 billion pounds of copper, 3.7 million ounces of gold, 226.0 million pounds of molybdenum, and 16.4 million ounces of silver. With a C$18.7 million budget allocated for 2024, Schaft Creek aims to advance key parameters towards transitioning from scoping to pre-feasibility stages, solidifying its path toward development.
Van Dyke - Arizona, USA (Advanced Stage Projects)
Moving south to the Globe-Miami Mining District in Arizona, Copper Fox's wholly-owned Van Dyke project showcases innovative in-situ copper recovery (ISCR) techniques. Spanning 531.5 hectares, Van Dyke leverages in-situ leaching for soluble copper extraction, a method gaining traction across Arizona's copper projects. The 2020 Updated Resource Estimate established Van Dyke's Indicated mineral resource, marking a significant milestone. The subsequent 2020 PEA projected an after-tax NPV of US$645 million and an impressive IRR of 43.4% over a 17-year mine life, forecasting production of 1.1 billion pounds of copper. Recent hydrogeologic and solubility studies further bolster Van Dyke's trajectory towards prefeasibility, highlighting ongoing advancements in project feasibility and environmental stewardship.
Copper mineralization at the Sombrero Butte copper project | Copper Fox Metals
Sombrero Butte - Arizona, USA (Exploration Stage Projects)
East of Mammoth, Arizona, Sombrero Butte emerges as a promising exploration prospect within the Bunker Hill Mining District. Historically associated with significant copper breccia pipes, Sombrero Butte's mineralization hints at underlying porphyry systems. Recent geophysical surveys and historical drilling have illuminated substantial copper grades, reaffirming its potential amidst Arizona's rich copper belt.
Eaglehead - British Columbia, Canada (Exploration Stage Projects)
In the Liard Mining Division of British Columbia, Eaglehead represents Copper Fox's flagship exploration project, covering 15,713 hectares within the Lower Jurassic age Eaglehead Pluton. Recent milestones include the 2023 mineral resource estimate, unveiling both Indicated and Inferred mineral resources. Eaglehead's expansive mineralized corridor hosts numerous porphyry copper-gold-molybdenum-silver deposits, with extensive drilling and geochemical surveys underscoring its prospectivity.
Mineral Mountain - Arizona, USA (Exploration Stage Projects)
Situated east of Florence, Arizona, Mineral Mountain spans a prolific structural trend hosting renowned porphyry copper deposits. Covering a substantial zone of Cu-Mo mineralization and bolstered by airborne magnetic/radiometric surveys, Mineral Mountain aims to unveil its potential for buried porphyry systems. Recent expansions in claims and exploration permits further underscore Copper Fox's commitment to unlocking Mineral Mountain's vast mineral wealth.
This article was authored by Peyton Baird of witan nook.
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