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Copper Fox Clarifies Technical Disclosure ON Eaglehead Project

Technical Reports (NI 43-101) Regulatory & Compliance

COPPER FOX CLARIFIES TECHNICAL DISCLOSURE

ON EAGLEHEAD PROJECT

Vancouver, British Columbia – May 30, 2017 – Copper Fox Metals Inc. ( “Copper Fox ” or the

“Company”) (TSX-V: CUU – OTC: CPFXF) is issuing this news release to clarify and retract certain

technical disclosures made by the Company regarding the resource estimates of the Eaglehead copper -

molybdenum-gold project located in northern British Columbia (the “ Eaglehead Property ”). The

Eaglehead Property is owned by Carmax Mining Corp. (“ Carmax”) (TSX -V: CXM), of which the

Company owns 65.4% of the outstanding common shares.

On June 29, 2012, approximately two years before Copper Fox became a shareholder of Carmax, Carmax

filed a Technical R eport regarding the Eaglehead Property (the “ Eaglehead Report”). In May 2014 ,

Copper Fox indirectly acquired a 42% equity interest in Carmax, and shortly thereafter Copper Fox began

referencing the resource estimates contained in the E aglehead Report. However, Copper Fox has not

independently verified the resource estimates contained in the Eaglehead Report, and therefore the resource

estimate should not be relied on until the Company has been able to verify it and support it with a technical

report.

Accordingly, the Company wishes to retract all disclosure made by it with respect to the mineral resource

estimates on the Eaglehead Property. The Company has removed any reference to the resource estimates

on its website and other investor relations materials and advises and cautions readers that the retracted

disclosure may continue to be found in the public domain.

Qualified Person:

Elmer B. Stewart, MSc. P.Geo., President 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 Sta tes subsidiaries, being Northern Fox Copper

Inc. and Desert Fox Copper Inc., are the 25% interest 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.

For additional information please contact: Lynn Ball at 1-844-464-2820 or 1-403-264-2820.

On behalf of the Board of Directors

Elmer B. Stewart

President and Chief Executive Officer

Neither 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.