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Copper Fox Metals Provides Updates on Schaft Creek, Van Dyke, Eaglehead and Sombrero Butte
Copper Fox Metals (TSXV:CUU), together with its wholly owned subsidiaries Desert Fox Copper Inc. and Northern Fox Copper Inc. provided updates on the Schaft Creek, Van Dyke, Eaglehead and Sombrero Butte properties. At Schaft Creek, drilling commenced on the LaCasse zone, and work in regard to optimization studies are ongoing. At Van Dyke, the PEA concepts have been established and is expected to be completed before the end of 2015. At Eaglehead, core logging and sampling is ongoing. At Sombrero Butte, results from the Quantec Titan 24 geophysical survey is pending.
Copper Fox Metals (TSXV:CUU), together with its wholly owned subsidiaries Desert Fox Copper Inc. and Northern Fox Copper Inc. provided updates on the Schaft Creek, Van Dyke, Eaglehead and Sombrero Butte properties. At Schaft Creek, drilling commenced on the LaCasse zone, and work in regard to optimization studies are ongoing. At Van Dyke, the PEA concepts have been established and is expected to be completed before the end of 2015. At Eaglehead, core logging and sampling is ongoing. At Sombrero Butte, results from the Quantec Titan 24 geophysical survey is pending.
As quoted in the press release:
Schaft Creek:
- The management committee meeting of the Schaft Creek Joint Venture was held in mid-July,
- Drilling has commenced on the LaCasse zone, one hole has been completed and the second drill hole of the program is in progress,
- Collection of the samples for geometallurgical studies is underway, and
- Work on the other aspects of the optimization studies undertaken in 2015 are ongoing.
Van Dyke:
- The main concepts for the various aspects of the Preliminary Economic Assessment have been established,
- Optimization of the various components of the main concepts are now underway, and
- The Preliminary Economic Assessment is expected to be completed before the end of 2015.
Eaglehead:
- The first drill hole; DDH-125 tested the chargeability signature on Line-4, outlined by the 2014 Titan-24 survey, and was completed to a depth of 609m. Detailed core logging and sampling of this hole is in progress, and
- Detailed core logging and either sampling for the first time or re-sampling previously sampled intervals of the historical drill holes located within the Pass Zone is ongoing.
Sombrero Butte:
- The Quantec Titan 24 geophysical exploration program over the 4,000m long surface target identified in 2013 has been completed, results for the survey are pending.
Copper Fox President and CEO, Elmer B. Stewart, said:
We are pleased to be advancing exploration on all four of our projects. In addition to our exploration activities, the optimization studies currently underway at Schaft Creek and the Preliminary Economic Assessment on the Van Dyke project are more detailed in nature and are focused on improving the estimated value of both projects. Results of the work on all of th projects will be released when received.
Click here for the full Copper Fox Metals (TSXV:CUU) press release.
Click here for the Copper Fox Metals (TSXV:CUU) profile.
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