202626 releases
Copper Fox Congratulates BC Conservative Party
Copper Fox Metals congratulates BC Conservative Party Premier Designate Lorne Doerkson on an election victory and says the party's "one connected economy" strategy is set to shift resource development in Northern BC. The company says the shift bodes well for its 25% interest in the Schaft Creek Joint Venture with Teck Resources and its 100% owned Eaglehead project.
NewsCopper Fox Announces Change to Financial Year-End
Copper Fox Metals has elected to change its fiscal year-end from October 31 to December 31, aligning it with the Schaft Creek Joint Venture's year-end. The company has submitted a request to the Canada Revenue Agency for approval of the change and has filed a Notice of Change of Financial Year-End on SEDAR+.
CorporateCopper Fox Provides Update on 2026 Activities at Schaft Creek Project
A C$9.1 million 2026 program is underway at the Schaft Creek copper-gold-molybdenum-silver project in northwestern British Columbia, operated by the Schaft Creek Joint Venture in which Teck Resources holds 75% and Copper Fox 25%. Work over the past three months included metallurgical testwork on coarse particle flotation and comminution, core-scanning mineralogical characterization, continued environmental baseline data collection, and initiation of tailings, water-balance, geochemical and Access Road Trade-Off studies. Camp and infrastructure upgrades have been completed.
CorporateCopper Fox Announces 2026 Q3 Financial Results and Project and Corporate Updates
Unaudited interim financial statements for the quarter ended July 31, 2026 were filed on SEDAR+, reporting a net loss of $956,920 ($0.00 per share) versus $1,071,237 at October 31, 2025, with a cash position of $1,736,477 at July 31, 2026 and $1,122,874 as of the release date. Nine-month expenditures were $4,038,415 across Van Dyke, Eaglehead, Sombrero Butte and Mineral Mountain. The updated Van Dyke PEA is expected in Q4 2026, and a five-year Multi-Year Area Based exploration permit was received for Eaglehead.
CorporateCopper Fox Reports Progress on Van Dyke's Updated PEA and Establishing Permanent Facility in Miami, Arizona
Key components of the updated Preliminary Economic Assessment for the 100%-owned Van Dyke in-situ copper recovery project in the Globe-Miami Mining District, Gila County, Arizona have been defined, including a two-phase plan with approximately 4,900 m of underground development using roadheader excavation: Phase I (years 1-6) with a 1,712 m decline plus about 2,800 m of drift and galleries targeting higher-grade material, and Phase II (years 7-17) totalling about 1,310 m. Each leach panel is expected to take five years plus one year of rinsing. The Phase I groundwater flow model has been calibrated.
Study resultsCopper Fox Confirms Porphyry Discovery at Mineral Mountain with Grades up to 1.48% Copper and 0.313% Molybdenum
Drillhole MM-02-2025 at the 100%-owned Mineral Mountain porphyry copper project in Arizona returned copper-molybdenum mineralization over a 278.97 m interval (1379.00 m to 1657.97 m), including 188.08 m from 1469.89 m grading 0.189% Cu, 0.019% Mo, 0.57 ppm Ag and 124 ppb Re, with 8.00 m from 1541.00 m at 0.709% Cu and 0.052% Mo. The two-hole, 2,558.11 m maiden program is interpreted not to have reached the potassic core; additional core sampling, data review and geochemical vectoring are planned ahead of follow-up drilling.
Drill resultsCopper Fox Announces Closing of Private Placement
A non-brokered private placement closed for 4,286,000 shares at $0.60 per share, raising gross proceeds of $2,571,600, with no finder's fees and a four-month-plus-one-day hold period. Four insiders subscribed for a total of 3,140,000 shares, including 3,000,000 shares purchased by director and control person Ernesto Echavarria. Proceeds bring Copper Fox's 2026 total raised to over $5.5 million and will fund the updated Van Dyke PEA, exploration at Mineral Mountain, Sombrero Butte and Eaglehead, and general corporate purposes.
FinancingCopper Fox Highlights Significant Porphyry Copper-Molybdenum Exploration Indicators at Sombrero Butte, Advancing Permitting Plans for Testing Porphyry Target
An updated exploration model for the 100%-owned Sombrero Butte project in Arizona defines a porphyry copper-molybdenum target, including a 3,200 m long by 1,300 m wide chargeability anomaly (>25 mrad) with 200-500 ohm resistivity, potassic alteration overprinted by phyllic alteration, hypersaline fluid inclusions, and over 120 magmatic hydrothermal breccia pipes. Historical 2006-2008 drilling returned intervals such as 88 m of 0.663% Cu in SB-02 and 30 m of 3.570% Cu in SB-05. Copper Fox has retained an Arizona consulting company to prepare surveys for a Geological Field Operations Plan submission to the Arizona State Land Department.
Drill resultsCopper Fox Appoints Roberto Mazon, B.S. To the Board
Roberto Mazón has been appointed as an additional director of Copper Fox Metals Inc. until the next annual general meeting of shareholders. Mazón holds a B.S. in Industrial and Systems Engineering from Tecnológico de Monterrey and has over 19 years of executive leadership experience in agribusiness, energy, international trade and corporate governance, including senior management and board-level roles.
ManagementCopper Fox Announces $3,000,000 Non-Brokered Private Placement
A non-brokered private placement of up to 5,000,000 common shares at $0.60 per share for gross proceeds of up to $3,000,000 is planned, subject to TSX Venture Exchange approval, with closing expected by July 27, 2026 and a four month plus one day hold period. Director, insider and control person Ernesto Echavarria may subscribe for a minimum of 3,000,000 shares. Proceeds will fund exploration and development at the 100% owned Van Dyke, Mineral Mountain, Eaglehead and Sombrero Butte copper projects, working capital and general corporate purposes.
FinancingCopper Fox Announces 2026 Q2 Financial Results and Project and Corporate Updates
A net loss of $639,670, or $0.00 per share, was reported for the quarter ended April 30, 2026, compared with $1,071,237 for October 31, 2025, with $2,894,499 spent on projects during the six months ended April 30, 2026. Cash was $629,849 at April 30, 2026 versus $686,236 at October 31, 2025, and $145,220 as of the release date. Quarterly activity included starting the 2026 Van Dyke PEA and updated MRE in Arizona, maiden drilling of two holes totalling 2,558.11m at Mineral Mountain, Teck's $9.1 million 2026 Schaft Creek budget, and a $3,000,000 private placement of 4,615,384 shares at $0.65.
CorporateCopper Fox Announces Porphyry Copper Discovery and Strong Vectors Toward Core at Mineral Mountain
Drillhole MM-02-2025 at the 100%-owned Mineral Mountain porphyry copper project in Arizona intersected the outer portion of a copper shell, terminating early at 1,697.35 m due to drilling conditions. Assays from 896 m to 1,394 m returned copper of 12.9 to 2,032 ppm (0.203%), molybdenum of 1.0 to 515 ppm (0.051%) and silver of 0.1 to 4.5 ppm, with values increasing at depth. Six mineral claims were located over the target extension.
Drill resultsCopper Fox Reports Additional Mineralized Intervals Advancing the Van Dyke ISCR Project
Final analytical results from the 2026 historical core sampling program at the 100%-owned Van Dyke ISCR project in Gila County, Arizona covered 18 drill holes, 15 of which exceeded the 0.025% TSCu cutoff used in the 2020 resource estimate; 21 of the 29 holes sampled exceeded the cutoff. DDH M-2 returned 53.80 m (272.19–325.98 m) averaging 0.543% TCu and 0.416% TSCu, including 34.60 m at 0.725% TCu; OXY-46 returned 74.60 m averaging 0.273% TCu. Work on the updated PEA continues.
Drill resultsCopper Fox Renews Atrium Research Services
Atrium Research Corporation of Toronto has been re-engaged to provide company sponsored research on Copper Fox Metals, publishing research reports and hosting two recorded interviews with management. Atrium receives C$42,000 cash upfront for a 12-month term beginning May 1, 2026, with automatic annual extension at the same pricing unless terminated. The engagement is subject to TSX Venture Exchange approval; the parties are arm's-length and Atrium holds no shares or options in the Company.
CorporateCopper Fox Extends Mineralized Envelope at Van Dyke ISCR Project
Sampling of historical diamond drill core at the 100%-owned Van Dyke in-situ copper recovery project in the Globe-Miami Mining District, Gila County, Arizona returned results from eleven drillholes, eight of which exceeded the 0.025% total soluble copper cutoff used in the 2020 mineral resource estimate. Hole OXY-42 returned 100.59 m (336.19–436.78 m) averaging 0.250% total copper and 0.163% TSCu, including 22.86 m at 0.481% TCu and 0.409% TSCu. Results from a further 18 drillholes are pending.
Drill resultsCopper Fox Provides PEA and Operational Update on Van Dyke ISCR Project
Work on the preliminary economic assessment and 3-D numerical groundwater flow model for the Van Dyke ISCR copper project in the Globe-Miami Mining District, Gila County, Arizona is advancing, with locations selected for underground access, the SX-EW plant and related infrastructure. An updated mineral resource estimate is planned, supported by 369 samples from 29 drillholes in the lower Oxide and Transitional zones. Two additional hydrogeological monitoring and groundwater sampling sites are expected online by end of May 2026.
Study resultsCopper Fox Intersects Porphyry Copper System at Mineral Mountain
Diamond drillhole MM-01-2025 at the Mineral Mountain project in Arizona intersected the outer propylitic zone of a blind porphyry copper system over 860.7 metres, with eight intervals of metal enrichment grading 200 to 2,887 ppm copper, 5 to greater than 1,000 ppm molybdenum and 1 to 18.2 ppm silver. Vein orientations suggest the undrilled porphyry core lies east of the hole. Drillhole MM-02-2025, 1.3 km to the northeast, is in progress.
Drill resultsCopper Fox Announces 2026 Schaft Creek Program
Planned 2026 expenditures of C$9.1 million have been set for the Schaft Creek copper-gold-molybdenum-silver project in northwestern British Columbia, operated by Teck Resources (75%) with Copper Fox holding 25% through the Schaft Creek Joint Venture. The program closes out the Scoping Study review, covering a technical review of the geological model, metallurgical testwork, tailings and mine plan options analysis and access road trade-off studies, plus preparation for a Pre-Feasibility Study. BC Hydro has been retained for a System Impact Study expected to take several years, alongside camp maintenance and limited environmental sampling.
Drill results