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     460  0 Kommentare Copper Fox Completes Van Dyke Drilling Program and Provides Corporate Update

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - July 21, 2014) - Copper Fox Metals Inc. ("Copper Fox" or the "Company") (TSX VENTURE:CUU) and its wholly owned subsidiary Desert Fox Copper Inc. ("Desert Fox") are pleased to announce that Desert Fox has completed the verification drilling program at its Van Dyke copper project in Arizona and other corporate activities. The Van Dyke oxide copper deposit is located in the Globe-Miami District, Gila Co., Arizona.

    Highlights:

    • Six diamond drill holes (3,211.7m) were completed across the Van Dyke oxide copper deposit,
    • Broad intervals of copper oxide and copper carbonate minerals were intersected in all holes, The copper mineralization is hosted in intrusive breccia, Pinal schist and granite porphyry,
    • Two of the drill holes intersected weak quartz veinlet hosted chalcopyrite+/-molybdenite mineralization below the oxide copper mineralization,
    • Copper Fox has requested that it be allowed to exercise its pre-emptive right and participate, through its wholly owned subsidiary Northern Fox Copper Inc., in a top-up of its investment in Carmax Mining Corp ("Carmax") (TSX VENTURE:CXM) by subscribing for an additional 1,960,878 units of Carmax at a price of $0.05 per unit (each unit will consist of one common share and one common share purchase warrant), and
    • Copper Fox has purchased and located a total of 2,130 ha of mineral tenures contiguous to the Eaglehead project held by Carmax. This land will be sold to Carmax at cost.

    Mr. Stewart, President of Copper Fox stated, "The visual observations of the core from Van Dyke are encouraging. Receipt of the assays utilizing different copper analytical methodologies are required to determine if a resource estimation should be commenced. All holes have been sampled for metallurgical testwork purposes and these tests are underway. The acquisition of the additional land contiguous to the Eaglehead project was completed to cover favorable volcanic rock on the west side of the project and intrusive rocks east and north of the Pass and Camp mineralized zones."

    Van Dyke Project:

    The Globe-Miami District hosts the Pinto Valley, Carlota, Miami-East and Miami-Inspiration copper projects (all currently in operation) and the mined out Copper Cities and Old Dominion copper deposits. The Van Dyke oxide copper deposit is located adjacent to the Miami-East and Miami-Inspiration operations.

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    Copper Fox Completes Van Dyke Drilling Program and Provides Corporate Update VANCOUVER, BRITISH COLUMBIA--(Marketwired - July 21, 2014) - Copper Fox Metals Inc. ("Copper Fox" or the "Company") (TSX VENTURE:CUU) and its wholly owned subsidiary Desert Fox Copper Inc. ("Desert Fox") are pleased to announce that Desert Fox has …