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Copper Fox Provides Update for Mineral Mountain Copper Project
Calgary, Alberta--(Newsfile Corp. - June 1, 2023) - Copper Fox Metals Inc. (TSXV: CUU) (OTCQX: C...
About this update from Copper Fox Metals Inc.
[{"type":"text","content":"Copper Fox Provides Update for Mineral Mountain Copper ProjectCalgary, Alberta--(Newsfile Corp. - June 1, 2023) - Copper Fox Metals Inc. (TSXV: CUU) (OTCQX: CPFXF) (\"Copper Fox\" or the \"Company\") and its wholly owned subsidiary, Desert Fox Copper Inc. (\"Desert Fox\"), are pleased to provide the results of ongoing compilation of recently acquired data in advance of the planned geophysical survey on its 100% owned Mineral Mountain project located approximately 25 kilometers (15 miles) east of Florence, Arizona. (See News Release dated April 19, 2023). The survey is expected to commence before the end of June subject to the arrival of the geophysical crew. Highlights of the compilation are set out below:HighlightsThe modelling of analytical data outlined overlapping, northeast trending zones of greater than 1,000 parts per million (\"ppm\") copper and greater than 30 ppm molybdenum. The copper zone measures approximately 3,000 meters (\"m\") by 700 m, and the molybdenum zone measures approximately 2,800 m by 600 m. These zones exhibit a strong spatial correlation to the chargeability signature identified in 2021.Whole rock geochemistry has outlined two distinct rock suites: a granodiorite-quartz diorite suite and a quartz monzonite suite. The recent sampling returned significant copper mineralization ranging from 1,620 to 27,200 ppm in granodiorite, quartz diorite and quartz monzonite intrusive phases of the Mineral Mountain intrusive. A new wholly owned subsidiary of Copper Fox named Desert Fox Mineral Mountain Co. has been formed for legal and accounting purposes. Elmer B. Stewart, President, and CEO of Copper Fox, stated, \"The compilation and modelling indicates the Mineral Mountain intrusive is more complex than previously thought. Whole rock geochemistry utilizing alkali/silica diagrams indicates proximal alkalic and sub-alkalic intrusive phases containing significantly different copper concentrations suggesting multiple mineralized intrusive phases from an interpreted \"cupola\" underlying the project consistent with the modelling of the 2022 airborne magnetic survey data.\"Geological ModelThe copper footprint exposed at Mineral Mountain is interpreted to represent the oxidized surface expression of a gold-molybdenum rich porphyry copper system similar to other porphyry copper deposits in the Safford Mining District in ...