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Copper Fox Announces 2022 First Quarter Operating and Financial Results
Calgary, Alberta--(Newsfile Corp. - March 28, 2022) - Copper Fox Metals Inc.  (TSXV: CUU)...
About this update from Copper Fox Metals Inc.
[{"type":"text","content":"Copper Fox Announces 2022 First Quarter Operating and Financial ResultsCalgary, Alberta--(Newsfile Corp. - March 28, 2022) - Copper Fox Metals Inc. (TSXV: CUU) (OTCQX: CPFXF) (\"Copper Fox\" or the \"Company\") is pleased to announce that its unaudited interim consolidated January 31, 2022, financial statements have been filed on SEDAR.For the three months ended January 31, 2022, Copper Fox had a net loss of $248,719 (January 31, 2021 - $199,324) which equated to $0.00 loss per share (January 31, 2021 - $0.00 loss per share). During the three months ended January 31, 2022, the Company incurred $182,041 in exploration expenditures primarily furthering the development of the Van Dyke, Eaglehead and Schaft Creek copper projects. Copies of the financial statements, notes, and related management discussion and analysis may be obtained on SEDAR at www.sedar.com, the Company's web site at www.copperfoxmetals.com or by contacting the Company directly. All references to planned activities and technical information contained in this news release have been previously announced by way of news releases. All amounts are expressed in Canadian dollars unless otherwise stated.Elmer B. Stewart, President and CEO of Copper Fox stated, \"The activities during the Quarter focused on finalization of 2021 activities on the Van Dyke, Schaft Creek and Eaglehead projects. Preparations for the 2022 metallurgical and geotechnical drilling program at Schaft Creek and the drilling and metallurgical program on its Eaglehead project are underway. The Geologic Field Operations Plan (GFOP) for the Sombrero Butte project has been received and the GFOP for Mineral Mountain project and the Notice of Work (NoW) for the Eaglehead project are pending.\"2022 Q1 Highlightsfiled on SEDAR the NI 43-101 technical report which included the results of a Preliminary Economic Assessment for the Schaft Creek project.provided an update on its Van Dyke ISCR project, including an independent, order of magnitude (plus/minus 30%) estimate of the timeline, costs and data/surveys required to complete the hydrogeological portion of the pre-application and formal permitting process.provided an update on its Eaglehead project that included the identification of several chemically distinct intrusive phases and extending the porphyry 'footprint' approximately 3km to the sout...