Identification Of New Porphyry Copper Target At Mineral Mountain

CALGARY – Copper Fox Metals Inc. and its wholly owned subsidiary, Desert Fox Mineral Mountain Co. reported on additional results of preliminary exploration completed on its Mineral Exploration Permit located on the southeast corner of its Mineral Mountain porphyry copper project. Mineral Mountain is a permitted, drill ready project hosting three porphyry copper targets covering 2,692.4ha in the Mineral Mountain Mining District, Arizona. A broadly defined northeast trending zone of quartz vein hosted copper mineralization (>500 – 30,000 parts per million (ppm)) extends over an area that is approximately 2,000 meters (m) long by up to 750m wide. The molybdenum mineralization (>10 – 282ppm) is located within the area of copper mineralization and extends over an area of approximately 1,600m long by 400m wide. Host rocks to the mineralization are interpreted Laramide age porphyritic quartz monzonite, biotite granite and Precambrian age Pinal Schist. The intrusive rocks exhibit strong potassic and propylitic alteration locally overprinted by phyllic alteration.
Elmer B. Stewart, President, and CEO, said, “The current preliminary exploration combined with the historical results has identified a large, broadly defined area exhibiting the host rocks and proximal style of alteration and mineralization expected in a Laramide age porphyry copper-molybdenum system. The identification of this target combined with the large, open-ended porphyry target found approximately 1.5km to the north (scheduled for a maiden drilling program in October) significantly expands the size of the district and enhances its porphyry potential. Mapping, geochemistry, age dating, and petrographic studies are planned to further evaluate this target.”