Copper Fox Metals Inc. (TSXV:CUU) reported its second quarter operating and financial results as well as a summary of activities completed during the quarter: a net loss of $768,651 ($0.00 income per share), and $795,304 in expenditures toward furthering the exploration of its Van Dyke copper project in Arizona.
As quoted in the press release:
At April 30, 2014, the Company had working capital of $10,428,020 and a deficit of $16,916,533 and had a net loss and comprehensive loss of $948,089 for the six months ended April 30, 2014.
In 2014 Copper Fox Metals Inc. (TSXV:CUU) added approximately 1.8 billion pounds of copper as well as 140,000 ounces of gold contained within the Inferred resource category to its metal holdings.
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