I don't recall if this article had been posted.

This story first appeared in The Northern Miner on April 6, 2019 and appeared here today.

http://www.mining.com/copper-snapshot-eight-companies-hunting-red-metal/

Eight companies hunting for the red metal

COPPER FOX METALS

Calgary-based Copper Fox Metals (TSXV: CUU; US-OTC: CPFXF) is focused on exploring and developing copper projects in Canada and the U.S. — most notably its 25% interest in the Schaft Creek joint venture with Teck Resources (TSX: TECK.B; NYSE: TECK) on the Schaft Creek copper-gold-molybdenum-silver project in northwestern B.C., and full ownership of the Van Dyke in-situ-leach, oxide copper project in Miami, Arizona.

In March, the company announced a $1.5-million, non-brokered private placement consisting of up to 13.6 million units at 11¢ per unit. Each unit consists of a share and half a warrant, with each whole warrant entitling the holder to buy another share for 13¢ during the first 12 months, or 15¢ during the second 12-month period.

In its first-quarter results, Copper Fox said that the multi-disciplinary team established by the Schaft Creek joint venture in 2018 to describe and characterize several development scenarios for the Schaft Creek deposit will continue its work in 2019. The joint venture plans to strengthen the project management team to complete more scoping-level engineering and design work based on the 2018 program to assess opportunities associated with a range of development scenarios, the focus of which is to improve financial returns over those outlined in a 2013 feasibility study.

The company adds that “positive exploration results from the Mineral Mountain and Van Dyke projects strongly suggest that additional exploration work is warranted on both projects.”

herbie1