Copper Fox Updates Sombrero Butte Copper Project
Copper Fox Metals has completed a seven-line geophysical survey at its Sombrero Butte copper project, located 2km south of the Copper Creek porphyry copper deposit. The 2024 exploration program includes mapping, sampling, petrographic studies, and geochemistry analysis. Age dating of samples from the Copper Creek intrusive yielded ages of 63.078 Ma and 62.971 Ma, confirming its Laramide age. The Holy Joe fault, a significant structural element, has been extrapolated onto the project area. A large zone of limonite staining and quartz-sericite-limonite veining was identified in the hanging wall of this fault, potentially representing a pyrite shell of a porphyry copper system.
Copper Fox Metals ha completato un'indagine geofisica di sette linee presso il suo progetto di rame Sombrero Butte, situato a 2 km a sud del deposito di rame porfirico Copper Creek. Il programma di esplorazione 2024 include mappatura, campionamento, studi petrografici e analisi geochimiche. La datazione dei campioni dall'intrusione di Copper Creek ha fornito età di 63.078 Ma e 62.971 Ma, confermando la sua età Laramide. La faglia Holy Joe, un elemento strutturale significativo, è stata estrapolata nell'area del progetto. È stata identificata una vasta zona di macchie di limonite e venature di quarzo-sericite-limonite nella parete superiore di questa faglia, che potrebbe rappresentare un guscio di pirite di un sistema di rame porfirico.
Copper Fox Metals ha completado una encuesta geofísica de siete líneas en su proyecto de cobre Sombrero Butte, ubicado a 2 km al sur del depósito de cobre porfirio Copper Creek. El programa de exploración 2024 incluye mapeo, muestreo, estudios petrográficos y análisis geoquímicos. La datación de muestras de la intrusión de Copper Creek arrojó edades de 63.078 Ma y 62.971 Ma, confirmando su edad Laramide. La falla Holy Joe, un elemento estructural significativo, se ha extrapolado al área del proyecto. Se identificó una gran zona de manchas de limonita y venas de cuarzo-sericita-limonita en la pared colgante de esta falla, que podría representar un caparazón de pirita de un sistema de cobre porfirio.
구리 폭스 메탈스는 솜브레로 부테 구리 프로젝트에서 7개의 지구물리 조사 라인을 완료했습니다. 이 프로젝트는 Copper Creek 단열 구리 매장지에서 남쪽으로 2km 떨어져 있습니다. 2024년 탐사 프로그램에는 매핑, 샘플링, 석영계산 연구 및 지구화학 분석이 포함됩니다. Copper Creek 관입체의 샘플 연대 측정 결과는 63.078 Ma와 62.971 Ma로 확인되어 Laramide 시대를 입증했습니다. 중요한 구조 요소인 Holy Joe 절리가 프로젝트 지역으로 외삽되었습니다. 이 절리의 매달린 벽에서 큰 리모나이트 얼룩과 석영-세리사이트-리모나이트 vein이 확인되어, 포르피리 구리 시스템의 황철광 껍질을 나타낼 가능성이 있습니다.
Copper Fox Metals a terminé une enquête géophysique de sept lignes sur son projet de cuivre Sombrero Butte, situé à 2 km au sud du dépôt de cuivre porphyré Copper Creek. Le programme d'exploration 2024 comprend la cartographie, l'échantillonnage, les études pétrographiques et l'analyse géochimique. La datation des échantillons provenant de l'intrusion de Copper Creek a donné des âges de 63,078 Ma et 62,971 Ma, confirmant son âge Laramide. La faille Holy Joe, un élément structurel majeur, a été extrapolée sur la zone du projet. Une grande zone de taches de limonite et de veines de quartz-séricite-limonite a été identifiée dans le mur encadrant cette faille, représentant potentiellement un coquille de pyrite d'un système de cuivre porphyré.
Copper Fox Metals hat eine siebenlinige geophysikalische Untersuchung in seinem Sombrero Butte Kupferprojekt abgeschlossen, das 2 km südlich des Kupfer-Porfyr-Vorkommens Copper Creek liegt. Das Explorationsprogramm für 2024 umfasst Kartierung, Probenahme, petrografische Studien und geochemische Analysen. Die Alterdatierung von Proben aus dem Copper Creek-Intrusiv ergab Alter von 63,078 Ma und 62,971 Ma, was sein Laramide-Alter bestätigt. Der Holy Joe-Verwerfungsbruch, ein bedeutendes strukturelles Element, wurde in das Projektgebiet extrapoliert. In der Decke dieser Verwerfung wurde eine große Zone mit Limonit-Flecken und Quarz-Serizit-Limonit-Veinung identifiziert, die potenziell eine Pyritschale eines Kupfer-Porfirvorkommens darstellt.
- Completion of planned seven-line geophysical survey
- Confirmation of Laramide age dating results supporting geological model
- Strategic location near active Copper Creek porphyry copper deposit
- None.
Calgary, Alberta--(Newsfile Corp. - November 26, 2024) - Copper Fox Metals Inc. (TSXV: CUU) (OTCQX: CPFXF) (FSE: HPU) ("Copper Fox" or the "Company") and its
The primary objective of the 2024 program is to obtain a more comprehensive chargeability/resistivity model for the project in conjunction with updated geology, alteration, and mineralization models to transition the project to the drilling stage. The 2024 program, in addition to the geophysical surveys, includes mapping, sampling, petrographic studies and whole rock, trace and zircon geochemistry. Results of these activities will be reported upon receipt of all the data from these activities and incorporated into an updated project compilation.
Elmer B. Stewart, President & CEO of Copper Fox commented "We are pleased to report that the planned seven-line survey (see news release dated October 8, 2024) has been completed and preliminary chargeability/resistivity and magnetotelliric data from five of the seven lines has been received. These preliminary results and the extrapolation of the Holy Joe fault onto the Sombrero Butte project have significantly expanded our knowledge base and continues to support our belief that a large Laramide age porphyry copper-molybdenum system is located within the project."
Geochronology
Age dating of samples from the Copper Creek intrusive (porphyritic hornblende-biotite granodiorite) at Sombrero Butte was performed by the Pacific Centre for Isotopic and Geochemical Research and yielded ages of 63.078 Ma and 62.971 Ma confirming the Laramide age of the intrusive.
Magnetic Modelling
The Copper Creek porphyry copper deposit is reported to be in the hanging wall of the Holy Joe fault, one of the main structural elements in the Copper Creek mining district and is considered to have played a significant role in the emplacement of the Copper Creek porphyry copper deposit. This west dipping, NW-SE trending fault extrapolated southward onto the Sombrero Butte project based on public information and a reinterpretation of the 2022 high sensitivity airborne magnetic survey.
The large zone of limonite staining and quartz-sericite-limonite veining outlined by the 2024 mapping program is in the hanging wall of the Holy Joe fault and is interpreted to represent the pyrite shell of a porphyry copper system.
Analytical Procedures
Age dating (U/Pb zircon, based on 12 determinations) of samples from the Copper Creek intrusive was performed by the Pacific Centre for Isotopic and Geochemical Research located in Vancouver, British Columbia (CA-TIMS U-Pb isotopic data). Sample preparation included Zircon U-Pb laser ablation and ICP-MS for analytical data.
Elmer B. Stewart, MSc., P.Geo., 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 listed on the TSX Venture Exchange (TSXV: CUU) focused on copper exploration and development in Canada and the United States. The principal assets of Copper Fox and its wholly owned Canadian and United States 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 completion of geophysical surveys; re-interpretation of magnetic data; the 2024 exploration program; transitioning the project to the drilling stage; geochronology and the presence of a Laramide age porphyry copper system within the project.
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 geophysical surveys may not provide the expected results; the geochronology may not be accurate; the re-interpretation of the magnetic data may not be accurate; the 2024 program may not provide the results to allow the project to transition to the drilling stage; the 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.sedar.com. 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/231343
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