Van Dyke Project Moves Into Development Stage
VANCOUVER - Elmer B. Stewart, President and CEO of Copper Fox stated, "The successful completion of the Preliminary Economic Assessment (PEA) on the Van Dyke project has moved this project from the exploration stage to the development stage, thus maintaining a proper balance in our property portfolio. To augment our property balance, Copper Fox has added the Mineral Mountain project, which we view as an economical, early stage entry into copper exploration in the Laramide copper province in Arizona. The increase in equity ownership in Carmax Mining Corp. increases our metal holdings and provides a larger interest in a developing, potentially large copper deposit located in a safe geopolitical jurisdiction.
Copper Fox is a Tier 1 Canadian resource company focused on copper exploration and development in Canada and the United States.