Copper Fox Retains Quantec to Complete Geophysical Survey on Sombrero Butte Porphyry Copper Project
Copper Fox Metals Inc. (OTCQX: CPFXF) and its subsidiary, Desert Fox Sombrero Butte Co., have retained Quantec Geosciences USA Inc. to conduct a comprehensive geophysical survey on the Sombrero Butte project in Arizona.
The survey will utilize the ORION 3D SWATH DCIP and MT configuration, covering approximately 21.9 km with seven N-S oriented lines. The project aims to provide high-resolution resistivity and chargeability imaging of two porphyry copper targets within the Sombrero Butte project. The DCIP survey will utilize a Pole-Dipole-Dipole array configuration with 400m line spacing, while the MT survey will employ a 12-hour continuous sampling period.
The survey, estimated to cost around $300,000, will commence mid-October, pending results from Phase I. Approvals for the Plan of Operations have been received from the Arizona State Land Department and the Bureau of Land Management.
Copper Fox Metals Inc. (OTCQX: CPFXF) e la sua controllata, Desert Fox Sombrero Butte Co., hanno incaricato Quantec Geosciences USA Inc. di condurre un'indagine geofisica completa sul progetto Sombrero Butte in Arizona.
L'indagine utilizzerà la configurazione ORION 3D SWATH DCIP e MT, coprendo circa 21,9 km con sette linee orientate N-S. Il progetto mira a fornire immagini ad alta risoluzione della resistività e della carica di due obiettivi di rame porfirico all'interno del progetto Sombrero Butte. L'indagine DCIP utilizzerà una configurazione a Pole-Dipole-Dipole con interasse di 400 m, mentre l'indagine MT impiegherà un periodo di campionamento continuo di 12 ore.
L'indagine, stimata a un costo di circa 300.000 dollari, inizierà a metà ottobre, in attesa dei risultati della Fase I. Sono state ottenute le approvazioni per il Piano Operativo dal Dipartimento delle Terre Statali dell'Arizona e dal Bureau of Land Management.
Copper Fox Metals Inc. (OTCQX: CPFXF) y su subsidiaria, Desert Fox Sombrero Butte Co., han contratado a Quantec Geosciences USA Inc. para realizar un estudio geofísico integral en el proyecto Sombrero Butte en Arizona.
El estudio utilizará la configuración ORION 3D SWATH DCIP y MT, cubriendo aproximadamente 21.9 km con siete líneas orientadas de N a S. El proyecto tiene como objetivo proporcionar imágenes de alta resolución de resistividad y carga de dos objetivos de cobre porfirítico dentro del proyecto Sombrero Butte. El estudio DCIP empleará una configuración de array Pole-Dipole-Dipole con un espaciamiento de línea de 400 m, mientras que el estudio MT tendrá un periodo de muestreo continuo de 12 horas.
Se estima que el costo del estudio será de alrededor de 300,000 dólares y comenzará a mediados de octubre, a la espera de los resultados de la Fase I. Se han recibido las aprobaciones para el Plan de Operaciones del Departamento de Tierras del Estado de Arizona y de la Oficina de Administración de Tierras.
Copper Fox Metals Inc. (OTCQX: CPFXF)와 그 자회사 Desert Fox Sombrero Butte Co.는 아리조나의 Sombrero Butte 프로젝트에 대한 종합 지구물리학 조사를 시행하기 위해 Quantec Geosciences USA Inc.를 선정했습니다.
이번 조사는 ORION 3D SWATH DCIP 및 MT 구성 방식을 사용할 예정이며, 약 21.9km에 걸쳐 7개의 N-S 방향의 라인을 포함합니다. 이 프로젝트는 Sombrero Butte 프로젝트 내 두 개의 포르피리 구리 목표에 대한 고해상도 저항성과 전하 이미지를 제공하는 것을 목표로 하고 있습니다. DCIP 조사는 400m 라인 간격의 Pole-Dipole-Dipole 배열 구성을 사용하고, MT 조사는 12시간의 연속 샘플링 기간을 갖습니다.
이번 조사는 약 300,000달러의 비용이 예상되며, 1단계 결과에 따라 10월 중순에 시작될 예정입니다. 아리조나 주 토지부와 토지 관리국으로부터 운영 계획이 승인되었습니다.
Copper Fox Metals Inc. (OTCQX: CPFXF) et sa filiale, Desert Fox Sombrero Butte Co., ont mandaté Quantec Geosciences USA Inc. pour réaliser une enquête géophysique complète sur le projet Sombrero Butte en Arizona.
L'enquête utilisera la configuration ORION 3D SWATH DCIP et MT, couvrant environ 21,9 km avec sept lignes orientées N-S. Le projet vise à fournir des images de résistivité et de charge à haute résolution de deux cibles de cuivre porphyrique au sein du projet Sombrero Butte. L'enquête DCIP utilisera une configuration en Pole-Dipole-Dipole avec un espacement de ligne de 400 m, tandis que l'enquête MT emploiera une période d'échantillonnage continue de 12 heures.
L'enquête, dont le coût est estimé à environ 300 000 dollars, commencera à la mi-octobre, en attendant les résultats de la Phase I. Les approbations du Plan d'Opérations ont été reçues du Département des Terres de l'État de l'Arizona et du Bureau de la Gestion des Terres.
Copper Fox Metals Inc. (OTCQX: CPFXF) und ihre Tochtergesellschaft, Desert Fox Sombrero Butte Co., haben Quantec Geosciences USA Inc. beauftragt, eine umfassende geophysikalische Untersuchung des Sombrero Butte-Projekts in Arizona durchzuführen.
Die Untersuchung wird die ORION 3D SWATH DCIP- und MT-Konfiguration nutzen und etwa 21,9 km mit sieben N-S ausgerichteten Linien abdecken. Das Projekt zielt darauf ab, hochauflösende Widerstandswerte und Ladungsabbildungen von zwei porphyrischen Kupferzielen innerhalb des Sombrero Butte-Projekts bereitzustellen. Die DCIP-Untersuchung wird ein Pole-Dipole-Dipole-Array mit einer Linienabstand von 400 m verwenden, während die MT-Untersuchung einen kontinuierlichen Samplingzeitraum von 12 Stunden umfassen wird.
Die geschätzten Kosten für die Untersuchung betragen etwa 300.000 US-Dollar und sollen Mitte Oktober beginnen, abhängig von den Ergebnissen der Phase I. Genehmigungen für den Betriebsplan wurden vom Arizona State Land Department und dem Bureau of Land Management erhalten.
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Calgary, Alberta--(Newsfile Corp. - October 8, 2024) - Copper Fox Metals Inc. (TSXV: CUU) (OTCQX: CPFXF) (FSE: HPU) ("Copper Fox" or the "Company"), and its
Elmer B. Stewart, President & CEO of Copper Fox commented "Copper Fox is pleased to have retained Quantec to assist in our Sombrero Butte exploration activities that are focused on advancing the project to the drill ready stage. We opted to use the ORION 3D SWATH DCIP & MT configuration based on our previous experience on our Eaglehead and Mineral Mountain porphyry copper projects. The planned survey is expected to complement the reconnaissance style 2015 TITAN DCIP survey by expanding geophysical coverage and providing high resolution resistivity and chargeability imaging of two porphyry copper targets located within the Sombrero Butte project. The MT portion of the survey is expected to provide resistivity information to depths of 2,000 meters (m). This information can help in targeting nearer surface features by highlighting deeper conductive roots within the porphyry systems."
Survey Parameters
The planned DCIP survey utilizing the ORION 3D SWATH configuration consists of seven N-S oriented lines, covering approximately 21.9km (Figure-1). Survey line spacing is 400m with data line spacing at 200m utilizing a Pole-Dipole-Dipole array configuration. The MT survey is to be completed on the same lines as the ORION 3D SWATH survey using a 12-hour continuous sampling period. The survey has been spilt into two phases with completion of Phase II contingent on results of Phase I. The project is estimated to cost in the order of US
Figure-1: Survey plan map for proposed ORION SWATH DCIP and MT survey (survey lines outlined in red).
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/2177/225907_4c20ccd5d437390b_001full.jpg
Elmer B. Stewart, MSc. P. Geol., 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.
About Copper Fox
Copper Fox is a Tier 1 Canadian resource company focused on copper exploration and development in Canada and the United States. The principal assets of Copper Fox and its wholly owned subsidiaries, being Northern Fox Copper Inc. and Desert Fox Copper Inc., are the
On behalf of the Board of Directors
Elmer B. Stewart
President and Chief Executive Officer
For additional information contact: Fidel Montegu at 1-844-484-2820 or investor@copperfoxmetals.com
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 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 advancing the project to the drill ready stage; expanding the geophysical coverage to two porphyry copper targets; and targeting nearer surface features.
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 consistent 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 others: the planned geophysical surveys may not be completed as expected or at all; the survey may not produce the information required for determining drill targets; financial markets and the overall economy may deteriorate; the need to obtain additional financing and uncertainty of meeting anticipated program milestones; 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.
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FAQ
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