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Copper Fox Metals Drills 182.5 m of 0.2% Copper at Schaft Creek
opper Fox Metals Inc. (TSXV:CUU) announced an update on activities at their Shaft Creek, Van Dyke and Eaglehead properties.
Copper Fox Metals Inc. (TSXV:CUU) announced an update on activities at their Shaft Creek, Van Dyke and Eaglehead properties.
As quoted in the press release:
Schaft Creek:
- The management committee meeting of the Schaft Creek Joint Venture was held in late October,
- A total of 2,634 metres (‘m’) were completed in five diamond drill holes in the LaCasse zone,
- Drilling in the LaCasse zone intersected numerous intervals of low grade copper mineralization. The mineralized intervals where present were intruded by a considerable number of late stage barren syenite and andesite dikes,
- A study of the surficial geology of the proposed tailing impoundment area in the Skeeter Valley was completed, results pending,
- 100 samples were collected for geometallurgical testwork representing the variation of the lithologies and alteration across the Schaft Creek deposit, results pending,
- The results of geotechnical, comminution and electrical optimization studies are similar to those presented in the feasibility study completed in 2012, and
- An additional 11,800m of historical core has been logged and the data is being incorporated into the geological model. This work over the past several years has identified several targets located north and south of the Schaft Creek deposit that require additional evaluation.
Van Dyke:
- The results of the Preliminary Economic Assessment (‘PEA’) on the Van Dyke project are expected to be released on or before the end of November.
Eaglehead:
- The field program at Eaglehead consisted of two diamond drill holes (1,186m) and re-logging and sampling of nine historical drill holes,
- The 2015 drilling and re-sampling has intersected and identified significant intervals of copper mineralization over a strike length of 700m in the Pass Zone. The copper mineralization is open along strike, and
- Trace element geochemical studies and updating of the geological model is ongoing.
Copper Fox President and CEO, Elmer B. Stewart, stated:
We are pleased with the results to date on all projects. Our current focus is to finalize the Van Dyke PEA and compilation and interpretation of the Eaglehead data. Those aspects of the optimization studies currently underway at Schaft Creek are confirming the previous findings and the balance of this work is expected to be completed by the end of 2015
Connect with Copper Fox Metals Inc. (TSXV:CUU) to receive an Investor Kit
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