Copper Fox Announces Second Quarter Operating and Financial Results

Copper Fox Metals Inc. (“Copper Fox” or the “Company”) (TSXV:CUU) is pleased to announce that its unaudited interim consolidated April 30, 2017 financial statements have been filed on SEDAR.

All of the Company’s material subsidiaries are wholly owned, except for Carmax Mining Corp. (“Carmax”) (TSX-V:CXM), of which the Company owns 65.4% of the outstanding common shares.  These unaudited interim consolidated financial statements include 100% of the assets and liabilities related to Carmax and include a non-controlling interest portion, representing 34.6% of Carmax’s assets and liabilities that are not owned by the Company.

As quoted in the press release:

Elmer B. Stewart, President and CEO of Copper Fox stated “Copper Fox’s primary focus is on advancing the Schaft Creek and Van Dyke projects.  The remodeling work at Schaft Creek is continuing to determine if an updated resource estimation is required.”

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Source: copperfoxmetals.mwnewsroom.com