Copper Fox Announces Updated Mineral Mountain Compilation
COPPER FOX ANNOUNCES UPDATED
MINERAL MOUNTAIN COMPILATION
Calgary, Alberta– June 25, 2018. Copper Fox Metals Inc. (“Copper Fox” or the “Company”) ( TSX-V: CUU
– OTC: CPFXF) is pleased to provide highlights of an updated compilation of exploration resul ts for its 100%
owned Mineral Mountain copper project located near Florence, Arizona (see news release dated April 30, 2018).
The Mineral Mountain area was the subject of considerable historical work as a substantial number of shafts,
adits, and prospect pits are shown on the topographic map of the area. These works were focussed on the higher
grade vein/fissure mineralization in the Pinal Schist located north of the Laramide intrusives . Known mineral
occurrences include copper, molybdenum, zinc, lead, gold, silver, and manganese. Highlights of the compilation
are:
Highlights:
Two Laramide age porphyry copper style exploration targets have been identified.
The distribution of the mineralization and alteration patterns in Target #1 is controlled by a series
of N20-30W and NE 50-70E trending faults.
Target #1 is underlain by Laramide age granodiorite , measures approximately 1,800 meters (‘m’)
long by 1,000 m wide ( including the Leach Cap /2016 mineralized area ) and is interpreted to dip
north under the Pinal Schist.
A historical chargeability anomaly (measuring approximately 1,000m by 1,000m) is located at the
northern end of Target #1 hosted in Laramide age granodiorite and Precambrian granite. The
anomaly is terminated on the west side by a N20W trending fault and extends to the northeast
under the Precambrian granite.
Target #2 is underlain by Precambrian age diabase/granite, measures approximately 1,200m long
by 600m wide, and is characterized by high copper concentrations in dia base. Samples of diabase
returned up to 9.05% copper and 131 ppm Molybdenum.
Elmer B. Stewart, President and CEO of Copper Fox, stated, “These targets are hosted i n a regional scale
structure and appear to have similar orientation and structural control to that of the Ray copp er deposit located to
the east. The structural control on the alteration and mineralization explains the distribution of the recent trench
sampling results. Copper Fox is currently considering future exploration activities including but not limited to
additional mapping and sampling work on Target #2 to follow-up the high copper concentrations in outcrop.”
Geological Model:
The geological model for the project suggests that these Targets ( geochemical and mineralized signatures )
resulted from mineralized fluids that leaked upward through fractured country rock from a deeper, geochemically
zoned but as -yet-unseen, buried porphyry copper system. Such leaks are evidenced by the steeply dipping,
copper-molybdenum bearing veins that exhibit a broad range of strike orientations.
Target #1 is characterized by:
a) a northeast trending open ended chargeability anomaly (1,000m by 1,000m) identified in 1971;
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b) a mineralized area of approximately 1,100m by 900m outlined in 2016 that includes the 2018 trench
sampling results;
c) copper-molybdenum mineralization in outcrop extending over a horizontal distance of approximately
1,800m hosted in potassic and phyllic altered Laramide age granodiorite; and
d) the Laramide age intrusive is interpreted to dip to the north under the Pinal Schist as evidenced by the
anomalous copper-molybdenum geochemical signature and higher grade vein/fissure mineralization (the
area of historical working - see above).
Target #2 is characterized by:
a) being located approximately 800m east of Target #1;
b) an area (600m by 600m) of mineralized outcrops of propylitic altered Precambrian age diabase and
granite;
c) metal concentrations in outcrop range from 9 to 90,500 ppm (9.05%) copper, from 2 to 104 ppm
(0.014%) molybdenum and from 6 to 402 ppb (0.40g/t) gold; and
d) crosscutting Laramide age granodiorite dikes and small intrusive bodies.
Elmer B. Stewart, MSc. P. Geol., President and CEO of Copper Fox, is the Company’s non -independent,
nominated Qualified Person pursuant to National Instrument 43 -101, Standards for Disclosure for Mineral
Projects, and has reviewed and approves the scientific and technical information disclosed in this news release.
About Copper Fox:
Copper Fox is a Tier 1 Canadian resource company listed on the TSX Venture Exchange (TSX -V: CUU) 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% interes t in the Schaft Creek Joint Venture with Teck Resources Limited on the Schaft
Creek copper-gold-molybdenum-silver project located in northwestern British Columbia and a 100% ownership
of the Van Dyke oxide copper project located in Miami, Arizona. For more information on Copper Fox’s other
mineral properties and investments visit the Company’s website at http://www.copperfoxmetals.com.
On behalf of the Board of Directors
Elmer B. Stewart
President and Chief Executive Officer
For additional information contact:
Copper Fox Metals Inc. Renmark Financial Communications Inc.
Lynn Ball: [email protected] Robert Thaemlitz: [email protected]
(844) 484-2820 or (403) 264-2820 Tel: (416) 644-2020 or (514) 939-3989
www.copperfoxmetals.com www.renmarkfinancial.com
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies
of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Cautionary Note Regarding Forward-Looking Information
This news release contains forward -looking statements within the meaning of the Section 27A of the Securities
Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and forward-looking information within the
meaning of the Canadian securities laws (collectively, “forward -looking inform ation”). Forward-looking
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information is generally identifiable by use of the words “believes,” “may,” “plans,” “will,” “anticipates,”
“intends,” “budgets”, “could”, “estimates”, “expects”, “forecasts”, “projects” and similar expressions, and the
negative of such expressions. Forward-looking information in this news release includes statements regarding:
the dimensions, orientation, and characteristics of two porphyry style exploration targets; the structural control on
the mineralization and alteration; the dimensions and host rock for the exploration targets; comments on the
historical c hargeability anomaly associated with Ta rget #1; high copper concentrations in diabase ; future
exploration activities including but not limited to additional mapping and sam pling work on Target #2 to follow -
up the high copper concentrations in outcrop; the existence of a deeper, geochemically zoned but as -yet-unseen,
buried porphyry copper system.
In connection with the forward -looking information contained in this news re lease, Copper Fox and its
subsidiaries have made numerous assumptions regarding, among other things: the geological, financial and
economic advice that Copper Fox has received is reliable and is based upon practices and methodologies which
are consistent w ith industry standards; the reliability of historical reports; and the stability of economic and
market conditions . While Copper Fox considers these assumptions to be reasonable, these assumptions are
inherently subject to significant uncertainties and contingencies.
Additionally, there are known and unknown risk factors which could cause Copper Fox’s actual results,
performance or achievements to be materially different from any future results, performance or achievements
expressed or implied by the forw ard-looking information contained herein. Known risk factors include, among
others: the dimensions, shape, characteristics, or locations of the exploration targets may not be as estimated;
additional sampling of these targets may not yield significant concentrations of metals, the results of the historical
chargeability anomaly may not be accurate ; the interpretation on the structural control on the mineralization and
alteration may not be correct ; the high copper concentrations in diabase may not be repre sentative of the
mineralization in Target #2 ; the surface mineralization and geochemical factors may not represent buried
porphyry style mineralization ; t he financial markets and the overall economy may deteriorate; uncertainties
relating to interpretation of the outcrop sampling results the geology, continuity and concentration of the
mineralization; the need to obtain additional financing ; uncertainty of meeting anticipated program milestones;
and uncertainty as to timely availability of permits and other governmental approvals.
A more complete discussion of the risks and uncertainties facing Copper Fox is disclosed in Copper Fox's
continuous disclosure filings with Canadian securities regulatory authorities at www.sedar.com. All forward -
looking information herein is qualified in its entirety by this cautionary statement, and Copper Fox disclaims any
obligation to revise or update any such forward -looking information or to publicly announce the result of any
revisions to any of the forward -looking information contained herein to reflect future results, events or
developments, except as required by law.