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Copper Fox Announces Update on Mineral Mountain Copper Project in Arizona
VANCOUVER, BRITISH COLUMBIA–(Marketwired – Sept. 2, 2016) – Copper Fox Metals Inc. (TSXV:CUU)and its wholly owned subsidiary, Desert Fox Copper Inc. (“Desert Fox”), are pleased to provide an update on the Mineral Mountain copper project located approximately 15 miles east of Florence, Arizona.
VANCOUVER, BRITISH COLUMBIA–(Marketwired – Sept. 2, 2016) – Copper Fox Metals Inc. (TSXV:CUU)and its wholly owned subsidiary, Desert Fox Copper Inc. (“Desert Fox“), are pleased to provide an update on the Mineral Mountain copper project located approximately 15 miles east of Florence, Arizona.
Elmer B. Stewart, President and CEO of Copper Fox, stated, “The review of a number of historical exploration reports has significantly advanced our understanding of the property and has identified both porphyry copper and precious metal targets. The porphyry copper target is hosted in a Laramide age Quartz Monzonite, the main host rock for porphyry copper deposits in Arizona. The precious metal targets were previously mined for higher-grade gold-silver-base metal mineralization, but do not appear to have been explored for lower-grade precious metal mineralization.”
Highlights:
- Copper mineralization reported as copper carbonates, copper silicates, pyrite, chalcopyrite, chalcocite, and a few areas of disseminated molybdenite occurs over a 3,000 feet (ft) by 2,000 ft area of the Quartz Monzonite.
- A 6,000 ft long by 2,500 ft wide chargeability/resistivity anomaly (“IP survey”) is associated with the zone of surface copper-molybdenite mineralization in the Quartz Monzonite.
- Soil geochemical surveys outlined five large areas of anomalous (greater than 100 ppm copper) copper values within the IP survey area.
- Precious metal targets include four 10,000 ft to 15,000 ft long north-south oriented fissure vein systems that were previously mined for higher grade gold-silver mineralization.
Connect with Copper Fox Metals Inc. (TSXV:CUU) to receive an Investor Presentation.
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