Copper Fox Updates Sombrero Butte Copper Project in Arizona

VANCOUVER, BRITISH COLUMBIA–(Marketwired – Oct. 25, 2016) – Copper Fox Metals Inc. (TSXV:CUU)  and its wholly owned subsidiary, Desert Fox Copper Inc. (“Desert Fox“), are pleased to provide the results of the recently completed study on the chemistry of six hydrothermal breccia pipes that occur within an area that measures 300 meters (“m”) by 400m located at the north end of the Sombrero Butte project. The hydrothermal breccia pipes located in the center of the property were not included in this study due to the lack of geochemical data.
Highlights:

• Late stage mineralized Gray porphyry dikes (0.48% copper and 0.035% molybdenum) and porphyritic dikes (0.13% copper) cross cut the Magna pipe indicating multiple phases of intrusive activity;
• Mineralized granodiorite boulders occur within the Magna pipe in DDH SB-23 over the interval from 476 to 484m and averaged 1.61% copper, 0.029% molybdenum, 0.056 ppm gold, and 5.9ppm silver suggest rafting of mineralized granodiorite from depth during breccia formation;
• The breccia material in the Campstool pipe over the interval from 466 to 492m in DDH SB-03 averaged 1.19% copper, 0.013% molybdenum, 0.08 g/t gold and 4.83 g/t silver. The breccia material in the Magna pipe over the interval from 458 to 506m in DDH SB-23 averaged 1.27% copper, 0.04% molybdenum, 0.08 g/t gold and 3.81 g/t silver, suggesting expulsion of metalliferous fluids from a porphyry system;
• The copper mineralization in the Audacious-Rattler pipes is characterized by high concentrations of arsenic (from 1,188 to 10,368 ppm), antimony (from 20.3 to 260 ppm) and tungsten (from 53 to 128 ppm) suggesting a different source for these metals from that in the Campstool and Magna pipes; and
• The Titan-24 survey completed in 2015 by Copper Fox located a number of positive chargeability targets within the property and also mapped the down dip extension of several of the mineralized breccia pipes tested by the 2006-2008 drilling program.

Elmer B. Stewart, President and CEO of Copper Fox, stated, “This study supports the presence of a buried porphyry system and shows that the breccia pipes acted as a pathway for a complex multi-phase introduction of metals and mineralized granodiorite boulders. In addition to the pipes that contain significant concentrations of copper-molybdenum-gold-silver mineralization, the bottom 500m interval of diamond drill hole (“DDH”) SB-23 is interpreted to have intersected the outer portion of a porphyry system commonly referred to as a ‘pyrite shell’. The fact that the 2015 Titan-24 DCIP survey (“Titan-24″) mapped the mineralized breccia pipes has advanced our interpretation of other chargeability anomalies within the property.”
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