Copper Fox Retains Stantec to Complete Strategic Review and Hydrology Characterization of Van Dyke Project
Copper Fox Metals Inc. (TSXV: CUU) (OTCQX: CPFXF) has announced an update on its 100% owned Van Dyke in-situ copper recovery (ISCR) project in Arizona. The company has retained Stantec Consulting Services Inc. to conduct a strategic review and hydrology characterization of the project. The program aims to:
1. Complete a technical review and analysis of existing hydrogeological data
2. Prepare a Conceptual Site Model (CSM)
3. Establish hydrogeological and groundwater data collection requirements compliant with Federal and State regulations
This work is important for updating the hydrogeological model of the Van Dyke project, which is a critical step in advancing it to the preliminary feasibility study (PFS) stage. The program will review three public databases and historical hydrogeological models, utilizing baseline groundwater data from the established piezometer network.
Copper Fox Metals Inc. (TSXV: CUU) (OTCQX: CPFXF) ha annunciato un aggiornamento sul suo progetto di recupero di rame in situ (ISCR) Van Dyke, di proprietà al 100%, in Arizona. L'azienda ha incaricato Stantec Consulting Services Inc. di condurre una revisione strategica e caratterizzazione idrologica del progetto. Il programma ha l'obiettivo di:
1. Completare una revisione tecnica e un'analisi dei dati idrogeologici esistenti
2. Preparare un Modello Concettuale del Sito (CSM)
3. Stabilire i requisiti per la raccolta di dati idrogeologici e acquiferi in conformità con le normative Federali e Statali
Questo lavoro è importante per aggiornare il modello idrogeologico del progetto Van Dyke, che rappresenta un passaggio cruciale per avanzare verso la fase di studio di fattibilità preliminare (PFS). Il programma esaminerà tre banche dati pubbliche e modelli idrogeologici storici, utilizzando dati di base sulle acque sotterranee provenienti dalla rete di piezometri già stabilita.
Copper Fox Metals Inc. (TSXV: CUU) (OTCQX: CPFXF) ha anunciado una actualización sobre su proyecto de recuperación de cobre in situ (ISCR) Van Dyke, de propiedad total, en Arizona. La empresa ha contratado a Stantec Consulting Services Inc. para realizar una revisión estratégica y caracterización hidrológica del proyecto. El programa tiene como objetivo:
1. Completar una revisión técnica y análisis de los datos hidrogeológicos existentes
2. Preparar un Modelo Conceptual del Sitio (CSM)
3. Establecer los requisitos de recolección de datos hidrogeológicos y de aguas subterráneas compatibles con las regulaciones federales y estatales
Este trabajo es importante para actualizar el modelo hidrogeológico del proyecto Van Dyke, lo que es un paso crítico para avanzar hacia la fase de estudio de viabilidad preliminar (PFS). El programa revisará tres bases de datos públicas y modelos hidrogeológicos históricos, utilizando datos básicos de aguas subterráneas de la red de piezómetros ya establecida.
Copper Fox Metals Inc. (TSXV: CUU) (OTCQX: CPFXF)는 애리조나에 있는 100% 소유의 반 다이크 현장 내 구리 회수(ISCR) 프로젝트에 대한 업데이트를 발표했습니다. 이 회사는 이 프로젝트에 대한 전략적 검토 및 수리학적 특성화를 수행하기 위해 Stantec Consulting Services Inc.를 고용했습니다. 이 프로그램의 목표는 다음과 같습니다:
1. 기존 수리 지질 데이터에 대한 기술 검토 및 분석 완료
2. 개념적 부지 모델(CSM) 준비
3. 연방 및 주 규정에 적합한 수리 지질 및 지하수 데이터 수집 요구사항 수립
이 작업은 Van Dyke 프로젝트의 수리 지질 모델 업데이트에 중요하며, 이는 예비 타당성 연구(PFS) 단계로 나아가는 중요한 단계입니다. 이 프로그램은 세 개의 공개 데이터베이스와 역사적인 수리 지질 모델을 검토하며, 이미 구축된 압력계 네트워크에서 기본 지하수 데이터를 활용할 것입니다.
Copper Fox Metals Inc. (TSXV: CUU) (OTCQX: CPFXF) a annoncé une mise à jour concernant son projet de récupération in situ de cuivre (ISCR) Van Dyke, entièrement détenu, en Arizona. La société a retenu les services de Stantec Consulting Services Inc. pour mener une révision stratégique et caractérisation hydrologique du projet. Le programme vise à :
1. Compléter une révision technique et une analyse des données hydrogéologiques existantes
2. Préparer un Modèle Conceptuel de Site (CSM)
3. Établir les exigences de collecte de données hydrogéologiques et d'eaux souterraines conformes aux réglementations fédérales et étatiques
Ce travail est crucial pour mettre à jour le modèle hydrogéologique du projet Van Dyke, ce qui constitue une étape clé pour le faire avancer vers la phase d'étude de faisabilité préliminaire (PFS). Le programme examinera trois bases de données publiques et des modèles hydrogéologiques historiques, en utilisant des données de base sur les eaux souterraines issues du réseau de piézomètres établi.
Copper Fox Metals Inc. (TSXV: CUU) (OTCQX: CPFXF) hat ein Update zu seinem 100% im Besitz befindlichen Van Dyke In-situ Kupfer-Rückgewinnungsprojekt (ISCR) in Arizona bekannt gegeben. Das Unternehmen hat Stantec Consulting Services Inc. beauftragt, eine strategische Überprüfung und hydrologische Charakterisierung des Projekts durchzuführen. Das Programm zielt darauf ab:
1. Eine technische Überprüfung und Analyse der vorhandenen hydrogeologischen Daten abzuschließen
2. Ein konzeptionelles Standortmodell (CSM) zu erstellen
3. Anforderungen an die Sammlung hydrogeologischer und Grundwasserdaten festzulegen, die den bundes- und staatlichen Vorschriften entsprechen
Diese Arbeit ist wichtig für das Update des hydrogeologischen Modells des Van Dyke Projekts, was ein entscheidender Schritt ist, um es in die Phase der vorläufigen Machbarkeitsstudie (PFS) zu überführen. Das Programm wird drei öffentliche Datenbanken und historische hydrogeologische Modelle überprüfen und grundlegende Grundwasserdaten aus dem bereits etablierten Piezometernetz nutzen.
- Retention of Stantec Consulting Services for strategic review and hydrology characterization
- Advancement towards updating the hydrogeological model for the Van Dyke project
- Progress towards preliminary feasibility study (PFS) stage
- None.
Calgary, Alberta--(Newsfile Corp. - October 1, 2024) - Copper Fox Metals Inc. (TSXV: CUU) (OTCQX: CPFXF) (FSE: HPU) ('Copper Fox' or the 'Company'), through its wholly owned subsidiary Desert Fox Van Dyke Co., is pleased to provide an update on its
The focus of the proposed work is three-fold: completion of a technical review and analysis of existing hydrogeological data; preparation of a Conceptual Site Model (CSM) and establishing hydrogeological and groundwater data collection requirements compliant with Federal and State regulations.
Elmer B. Stewart, President and CEO of Copper Fox stated, "We are pleased to have been able to retain Stantec Consulting Services Inc., ('Stantec') to provide a current assessment of the hydrogeology and establish the framework and procedures to advance this portion of the Van Dyke project. Completion of the CSM and ongoing addition of new hydrogeological data is an important step toward updating the hydrogeological model for the Van Dyke project; a critical step in advancing the project to the preliminary feasibility study (PFS) stage."
Scope of Program
The planned program consists of a review of three public databases and the historical hydrogeological models on the Van Dyke project. Baseline groundwater data collected from the previously established piezometer network at the Van Dyke project and surrounding areas will be used to advance the CSM. The CSM would be used to establish a plan for future data collection and characterize hydrological conditions.
Qualified Person
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 investor@copperfoxmetals.com or 1-844-464-2820
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 include statements about: completion of a CSM; hydrogeological and groundwater sampling procedures; preparation of an updated hydrogeological model; and advancing the project to the PFS stage.
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: completing the planned hydrogeologic program on time and within budget; the availability of service providers; the geological, metallurgical, engineering, financial and economic advice that Copper Fox has received is reliable and is based upon practices and methodologies which are consistent with industry standards; and the stability of economic and market conditions. 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: completion of a CSM may not be completed as planned or at all; the hydrogeological and groundwater sampling procedures may not be established and may not comply with Federal or State regulations; preparation of an updated hydrogeological model may not occur as planned or at all; advancing the project to the PFS stage may not occur as planned or at all; the overall economy may deteriorate; uncertainty as to the availability and terms of future financing; fluctuations in commodity prices and demand; currency exchange rates; 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.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/225100
FAQ
What is the purpose of Copper Fox's strategic review for the Van Dyke project?
Who has Copper Fox (CPFXF) retained for the Van Dyke project review?
What is the significance of the Conceptual Site Model (CSM) for the Van Dyke project?
How does this strategic review contribute to Copper Fox's (CPFXF) project development?
