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CUU: Van Dyke Model Develops & Eaglehead Survey Excites

What you need to know:
• Copper Fox completed the Preliminary Geometallurgical Model (PGM) at its 100% owned Van Dyke ISCR project. The PGM achieved three critical objectives as it advances towards a Pre-Feasibility Study.
• On August 22nd, the Company completed a 3D geophysical survey at Eaglehead, outlining a 2.8km long anomaly, suggesting a larger system at depth.
• On July 8th, our team published an interview with President and CEO Elmer Stewart. Watch the full interview here.

This morning, Copper Fox Metals Inc. (CUU:TSXV, CPFXF:OTC) provided the results of the Preliminary Geometallurgical Model (PGM) at its 100% owned Van Dyke in-situ copper recovery (ISCR) project, located in the Globe-Miami Mining District in Gila County, Arizona. The completion of the PGM marks a key step in the Company’s execution plan, outlining the scope, sequencing, and cost framework of the technical work required to advance Van Dyke towards a Pre-Feasibility Study (PFS). In addition, last week CUU announced the completion of a 3D geophysical survey at its wholly owned Eaglehead porphyry copper project, which outlined a 2.8km-long chargeability anomaly extending well beyond previously drilled areas, reinforcing the potential for a much larger porphyry system. Advancements at both Van Dyke and Eaglehead continue to strengthen our conviction in CUU’s pipeline, as the recent string of announcements across its portfolio further de-risks the Company and positions it for meaningful growth and project advancement. We are maintaining our BUY rating and C$0.50/share target price on CUU.

Preliminary Geometallurgical Model at Van Dyke
The PGM achieved three critical objectives to support an updated geometallurgical model by 1) identifying the mineralogical zones, 2) highlighting metallurgical data gaps, and 3) outlining recommendations for future testing to improve certainty across the deposit. As shown in Figure 1, the mineralogical domains within the Van Dyke deposit are consistent with the characteristics of a typical “Supergene” copper system. The oxide and transition zones remain the primary focus for ISCR due to their favourable metallurgical properties (see below for an in-depth breakdown).

Geophysical Survey at Eaglehead
On August 22nd, CUU completed a 3D geophysical survey at the Eaglehead Project, outlining a 2.8km long chargeability anomaly. Results suggest drilling has only tested the top of a much larger porphyry system, highlighting Eaglehead’s district scale. Read below for more information on this press release.