Copper Fox Metals Retains Ausenco and Provides Update for Van Dyke Project

CALGARY - Elmer B. Stewart, President and CEO of Copper Fox Metals Inc., reported, "With the ADEQ and EPA meetings completed, Copper Fox has retained Ausenco Engineering USA South Inc. and Ausenco Engineering Canada Inc., to provide guidance on the process engineering and hydrogeological components of the Van Dyke project. It is expected that additional expertise in resource estimation, mining and geotechnical engineering, environmental and archeological activities will be added to provide project guidance as required. The objective of the 2022 program is to advance the project, incorporating the guidance provided by external contractors to achieve a multi-purpose drilling program."

The conceptual hydrogeological study identified several existing drill holes located in the NW corner of the project that on testing could be utilized as monitoring wells to form part of the project-wide well monitoring system required to develop a hydrogeological model for the project. To access these drill holes construction of a 100-meter-long access road is required. The road would be located on surface lands owned by Copper Fox, a meeting with the Town of Miami to discuss construction of this access road is planned. The down hole surveying of the identified drill holes is required to determine their suitability for incorporation into a project wide hydrogeological monitoring system.