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Copper Fox Announces Mineral Mountain Copper Project in Arizona
Copper Fox Metals Inc. (TSXV:CUU) announced that it has developed a new exploration stage porphyry copper project located in the Mineral Mountain area of central Arizona.
Copper Fox Metals Inc. (TSXV:CUU) announced that it has developed a new exploration stage porphyry copper project located in the Mineral Mountain area of central Arizona.
As quoted in the press release:
Location:
The Laramide porphyry copper province in Arizona is one of the most prolific copper mineralized districts in the world. The Globe-Miami, Resolution, Florence and Casa Grande copper districts are located in Central Arizona and occur along a northeast trend; essentially in a straight line (see table below). The Mineral Mountain copper project is located on this trend between the Florence copper deposit and the Resolution copper deposit.
Mineral Mountain Project:
The Mineral Mountain copper project consists of 209 mineral lode claims covering the interpreted surface expression of a buried porphyry copper system. This interpretation is based on published geology and geochemical data collected by Copper Fox.
The initial focus on the Mineral Mountain area was primarily due to several factors being;
- it was a former gold-silver mining district with numerous small underground mines and
- numerous occurrences of copper mineralization in outcrop.
The published geology for the area showed that the majority of the known mineralized fissures, veins etc. are exposed over an area that measures approximately 3 kilometres by 3 kilometres.
The Mineral Mountain area is underlain by Precambrian rocks that include Pinal schist, diabase and granite that have been intruded by Laramide age quartz monzonite, granodiorite and hornblende dacite dikes. Laramide age intrusive rocks and their associated country rocks are the host to the porphyry copper deposits in Arizona. The center of the property is cut by a prominent northwest trending system of faults along which the Laramide age quartz monzonite and granodiorite have intruded. North of this structural feature the area is primarily underlain by Precambrian rocks.
A preliminary geochemical stream sediment sampling survey completed by Copper Fox returned trace to abundant copper oxide mineralization with a suite of pathfinder minerals typically indicative of a porphyry copper environment (epidote, rutile, tourmaline, and pyrite) over an area that measured approximately 7 kilometres by 15 kilometres.
A follow-up systematic outcrop sampling program within the area outlined by the stream sediment sampling delineated three separate, stacked copper-molybdenum-gold-silver-tungsten geochemical anomalies within a maximum area of approximately 6 kilometres long and 3.0 kilometres wide. Metal values greater than copper 100 ppm, gold 10 ppb, silver 2 ppm, molybdenum 2ppm and tungsten 5ppm are considered anomalous.
Copper Fox Metals President and CEO, Elmer B. Stewart, stated:
The discovery of new porphyry copper districts in geopolitical stable areas is fundamental to the future of the copper industry. The discovery of new porphyry copper deposits in jurisdictions such as Arizona requires an integrated more scientific approach including deep exploration such as the Resolution copper deposit. The Mineral Mountain project exhibits the surface characteristics of a buried porphyry copper deposit and provides Copper Fox considerable exposure to copper exploration in the Laramide porphyry copper province of Arizona in an easily accessible location
Connect with Copper Fox Metals Inc. (TSXV:CUU) to receive an Investor Presentation.
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