Copper Fox Receives Bureau of Land Management Acceptance of Surety Bond FOR Mineral Mountain Project
COPPER FOX RECEIVES BUREAU OF LAND MANAGEMENT
ACCEPTANCE OF SURETY BOND FOR MINERAL MOUNTAIN PROJECT
Calgary, Alberta – July 10, 2025. Copper Fox Metals Inc. (“Copper Fox” or the “Company”) (TSXV:CUU |
OTCQX:CPFXF | FSE:HPU) and its wholly owned subsidiary, Desert Fox Mineral s Co. (“Desert Fox”), are
pleased to announce that the Bureau of Land Management (BLM) has accepted our Surety Bond for the Mineral
Mountain Plan of Operation to conduct an exploratory drill program (see news release dated October 31, 2024) on
its 100% owned Mineral Mountain porphyry copper property (2,692.4ha) located within the Mineral Mountain
mining district, Arizona. The Mineral Mountain mining district is located within a northeast trending porphyry
copper belt approximately 25 kilometers (km) southwest from Rio Tinto and BHP’s giant Resolution porphyry
copper-molybdenum deposit and approximately 20km northeast of Taseko’s Florence porphyry copper deposit.
Elmer B. Stewart, President, and CEO of Copper Fox, stated, “The acceptance of the Surety Bond by the BLM
Arizona State Office was the last step required to commence our planned drill program . This is an important
milestone for the Mineral Mountain porphyry copper project as this is the first ever drill program to be completed
on the project, based on our knowledge. Our exploration activities identified an exceptionally large, high quality
porphyry copper target that is the subject of the planned drill program . I would like t o thank the BLM and our
consultants for their hard work in completing the steps required to obtain the approval of our Plan of Operation."
Drilling Program
The Plan of Operation consists of up to four diamond drill holes for a total of 2,500 meters (m) to test two areas of
higher chargeability (>18 mrads) within a 3,200m long by 1, 200m wide chargeability anomaly (>12mrads) that
underlies a 3,400m long by 1,600m wide porphyry copper footprint.
Next Steps
Copper Fox is in the process of soliciting bids for the drill program from four Arizona certified drilling
contractors as well as completing logistical arrangements to support the drill program. The drill program is
expected to commence in the third quarter of 2025 which, due to summer temperatures , provides safer working
conditions for the drilling contractors.
Mineral Mountain Project
The Mineral Mountain project covers a 3,400m by 1 ,600m zone of gold “enriched” porphyry copper style
mineralization associated with a 3,200m by 1 ,200m open-ended buried chargeability anomaly hosted in
porphyritic granodiorite and quartz monzonite phases of the Laramide age Mineral Mountain intrusive (69.7 +/-
0.4 Ma; U/Pb zircon). The surface portion of the porphyry copper target is interpreted to represent the Supergene
portion of a large zone of gold “enriched” copper-molybdenum-silver mineralization hosting over 800 copper
showings associated with a central core of potassic alteration (Kspar-biotite-magnetite) contained within a broader
zone of Sericitic-Chlorite alteration. Propylitic (epidote + chlorite + calcite) alteration has been observed within
the potassic and sericitic alteration zones but is primarily located on the margin of the Sericite-Chlorite alteration.
Elmer B. Stewart, MSc. P.Geo., 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.
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About Copper Fox
Copper Fox is a Tier 1 Canadian resource company focused on copper exploration and development in Canada
and the United States. Copper Inc. and Desert Fox Copper Inc. Its wholly owned subsidiaries being Northern Fox
Copper Inc. and Desert Fox Copper Inc., are the 100% ownership s of the Van Dyke ISCR project, and the
Mineral Mountain and Sombrero Butte porphyry copper exploration projects all located in Arizona, the 25%
interest in the Schaft Creek Joint Venture with Teck Resources Limited on the Schaft Creek copper -gold-
molybdenum-silver project and the 100% owned Eaglehead polymetallic porphyry copper project each located in
northwestern British Columbia. For more information on Copper Fox’s mineral properties and investments visit
the Company’s website at www.copperfoxmetals.com.
On behalf of the Board of Directors
Elmer B. Stewart
President and Chief Executive Officer
For additional information contact: Lynn Ball at [email protected] or 1-844-464-2820
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 information”). Forward-looking 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; BLM acceptance of the Surety Bond , completion of a drill program; discussions
with drilling contractors; porphyry copper style mineralization, and the chargeability anomaly associated with the copper
mineralization.
In connection with the forward -looking information contained in this news release, Copper Fox and its subsidiaries have
made numerous assumptions regarding, among other things: the geological advice that Copper Fox has received is reliable
and is based upon practices and methodologies which are con sistent with industry standards ; and the reliability of historical
reports. 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
forward-looking information contained herein . Known risk factors include, among ot hers: discussions with drilling
contractors may not result in reaching a contract acceptable to the Company; the drilling program may not be completed as
planned or at all ; porphyry copper style mineralization may not be as interpreted; the chargeability anomaly associated with
the copper mineralization may not be indicative of porphyry style copper mineralization ; the financial markets and the overall
economy may deteriorate; the need to obtain additional financing 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.sedarplus.ca. 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.