Business
Copper Fox Delays Proposed Drilling Program at Eaglehead Copper Project
Calgary, Alberta--(Newsfile Corp. - September 14, 2022) - Copper Fox Metals Inc. (TSXV: CUU)...
About this update from Copper Fox Metals Inc.
[{"type":"text","content":"Copper Fox Delays Proposed Drilling Program at Eaglehead Copper ProjectCalgary, Alberta--(Newsfile Corp. - September 14, 2022) - Copper Fox Metals Inc. (TSXV: CUU) (OTCQX: CPFXF) (\"Copper Fox\" or the \"Company\") through its wholly owned subsidiary Northern Fox Copper Inc. advises that it has suspended plans to complete its proposed 2,500m drilling program on its 100% owned Eaglehead polymetallic porphyry copper project located approximately 50 kilometers ('km') east of Dease Lake, British Columbia. The Eaglehead project covers a large portion (16,492.62 ha) of the Lower Jurassic age (+/-195Ma), Eaglehead stock. Summary of ActivitiesApproval for the Notice of Work (\"NoW\") to conduct the proposed drilling program is pending.Sampling of mineralized intervals (chalcopyrite +/-bornite-molybdenite) in 10 historical drill holes has been completed. A draft of the 2022 Archaeological survey report has been received; one site of interest has been identified in the alpine approximately 2.8km north of the proposed drilling area. The survey concluded that no archaeological resources or areas of archaeological potential were identified within the access road and drill pad locations, and the program may proceed as proposed. Mapping has located copper mineralization over a 300m by 200m area (Target #4 - see news release dated June 13, 2022) southwest of the Bornite zone.Elmer B. Stewart, President and CEO of Copper Fox stated, \"The delay in receipt of the permit to conduct the drilling program has been an extremely frustrating exercise. Since filing the NoW in early February 2022 Copper Fox has maintained contact with the Ministry of Energy, Mines and Low Carbon Innovation on the status and have been advised that they are unable to guarantee a timeline on our NoW. Given the remote nature of the camp/drilling location, the need for helicopter support and the onset of winter weather conditions, regrettably, Copper Fox has opted to delay the drilling program for this year.\"Historical Drill HolesA total of 10 drill holes have been re-logged and previously un-sampled mineralized intervals totalling 175m have been sampled and sent for analyses. The mineralized intervals ranging in length from 2 to 45m consist of fracture and quartz veinlet-controlled chalcopyrite (+/- bornite-molybdenite) mineralization.Field InvestigationsProspecting and mapp...