Agoracom: Small Cap Investment - Copper Fox Metals Inc. - COPPER FOX ANNOUNCES UPDATE ON APPEAL PERIOD FOR JUDICIAL REVIEW OF EAGLEHEAD PROJECT

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CUU own 25% Schaft Creek: proven/probable min. reserves/940.8m tonnes = 0.27% copper, 0.19 g/t gold, 0.018% moly and 1.72 g/t silver containing: 5.6b lbs copper, 5.8m ounces gold, 363.5m lbs moly and 51.7m ounces silver; (Recoverable CuEq 0.46%)

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COPPER FOX ANNOUNCES UPDATE ON APPEAL PERIOD FOR JUDICIAL REVIEW OF EAGLEHEAD PROJECT

posted on Aug 23, 2017 07:54AM

https://www.stockwatch.com/News/Item.aspx?bid=Z-C%3aCUU-2497240&symbol=CUU&region=C

Mr. Elmer Stewart reports

COPPER FOX ANNOUNCES UPDATE ON APPEAL PERIOD FOR JUDICIAL REVIEW OF EAGLEHEAD PROJECT

The appeal period for the decision of the Supreme Court of British Columbia regarding the judicial review in which petitioners had challenged a decision of the Chief Gold Commission for the province of British Columbia in respect of Carmax Mining Corp.'s Eaglehead project has expired and no appeal has been filed.

The background to the judicial review and the court's decision was set out in Copper Fox Metals Inc.'s news release dated July 18, 2017. Subsequent to the court's decision, the petitioners had 30 days to file an appeal to the British Columbia Court of Appeal.

Elmer B. Stewart, president and chief executive officer of Copper Fox, stated: "Copper Fox is pleased that the issue related to the judicial review has finally concluded. Due to the length of time taken with this matter, it is not possible to conduct a meaningful field program for the Eaglehead project within the balance of the summer season. Copper Fox intends to complete a review of the results of all exploration work completed on the Eaglehead project over the past three years with the objective of working with Carmax to establish a 2018 field program."

Copper Fox, through its wholly owned subsidiary Northern Fox Copper Inc., owns 65.4 per cent of the issued shares of Carmax. Carmax is the registered owner of the Eaglehead project.

About Copper Fox Metals Inc.

Copper Fox is a Tier 1 Canadian resource company listed on the TSX Venture Exchange focused on copper exploration and development in Canada and the United States. The principal assets of Copper Fox and its wholly owned Canadian and United States subsidiaries, being Northern Fox Copper Inc. and Desert Fox Copper Inc., are the 25-per-cent interest in the Schaft Creek joint venture with Teck Resources Ltd. on the Schaft Creek copper-gold-molybdenum-silver project located in northwestern British Columbia and a 100-per-cent ownership of the Van Dyke oxide copper project located in Miami, Ariz.