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Copper Fox Metals Inc: IP survey significantly expands potential and locates new zone at Schaft Creek

Investing News Network
Oct. 18, 2011 02:01PM PST
Base Metals Investing

Copper Fox Metals Inc. (TSXV:CUU) announced the results of the Quantec Titan-24 DCIP and MT geophysical survey, completed during 2011 on the Schaft Creek copper-gold-molybdenum-silver project in Northwest British Columbia.

Copper Fox Metals Inc. (TSXV:CUU) announced the results of the Quantec Titan-24 DCIP and MT geophysical survey, completed during 2011 on the Schaft Creek copper-gold-molybdenum-silver project in Northwest British Columbia.

As quoted in the press release:

Highlights:

The 3D solids model shows that a previously unknown chargeability anomaly exists west of the Liard zone. The last three samples in DDH-HAS16, a shallow hole, drilled into the top of this anomaly averaged 1.03% copper over a 10m interval,
The chargeability anomaly in the Paramount zone has been extended 1,800m to the north and is between 400m and 1,000m wide,
The chargeability anomaly in the Mike zone has been extended 600m to the north and is between 500 and 600m wide,
The chargeability anomalies in the Mike zone and the Paramount zone appear to define a circular feature,
The ES zone contains two moderate chargeability anomalies, one of which corresponds to the mineralized zone outlined on surface, and
Only the western portion of the GK zone could be surveyed due to terrain issues. A 1,000m long by 200m wide weak chargeability anomaly has been detected along the western side of the mineralized zone exposed on surface.

Copper Fox’s President, Mr. Elmer Stewart stated:

“The results of the Titan-24 survey and the 3D modeling double the potential strike length of the Paramount zone and located four other chargeability targets. These chargeability anomalies, the favorable geology, two zones of mineralization in outcrop, the alteration exposed in outcrop and copper occurrences over a six kilometer strike length support the concept of an emerging porphyry district. These targets considerably upgrade the potential to locate another porphyry style copper-gold-molybdenum-silver deposit within the boundaries of the Schaft Creek project. Subject to weather conditions, the testing of one or more of these anomalies is expected to be completed before the end of the 2011 field program”.

Click here to read the Copper Fox Metals Inc. (TSXV:CUU) press release

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