STOCK TITAN

COPPER FOX METALS INC - CPFXF STOCK NEWS

Welcome to our dedicated page for COPPER FOX METALS news (Ticker: CPFXF), a resource for investors and traders seeking the latest updates and insights on COPPER FOX METALS stock.

Copper Fox Metals Inc. (CPFXF) is a North American copper exploration company with a focus on sustainable and innovative mining. The company's key projects include the Van Dyke ISR project in Arizona and a joint venture at Schaft Creek with Teck Resources. With a diverse metal portfolio, Copper Fox aims to contribute to the global demand for copper and critical metals through strategic exploration initiatives.

Rhea-AI Summary

Copper Fox Metals Inc. (TSXV: CUU, OTCQX: CPFXF) reported a net loss of $533,545 for the six months ending April 30, 2024, mirroring the previous year's results. Exploration expenditures totaled $620,331, primarily advancing its Van Dyke, Mineral Mountain, Sombrero Butte, and Eaglehead copper projects.

Key advancements included progress towards a prefeasibility study for the Van Dyke project and an $18.7 million budget for the Schaft Creek Joint Venture (SCJV), focused on advancing the project to the prefeasibility stage. The company extended the Eaglehead project's exploration permit and completed the final payment on a promissory note to District Copper Corp.

Notable management updates include hiring Fidel Ricardo Montagu Thomas for investor relations and appointing Manuel Gomez Rubio as a director. Financially, Copper Fox ended the quarter with $174,966 in cash, down from $1,368,852 in October 2023.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.56%
Tags
-
Rhea-AI Summary

Copper Fox provided an update on the Schaft Creek project managed by the Schaft Creek Joint Venture (SCJV) in northwestern British Columbia. Teck Resources holds a 75% interest in the SCJV, with Copper Fox holding the remaining 25%. The 2024 program, funded by Teck at C$18.7 million, focuses on technical investigations for open pit design and environmental studies, aligning with the Tahltan Nation's traditions. The program aims to progress towards a Prefeasibility Study stage.

Key initiatives include upgrading camp facilities with solar power, advancing geotechnical drilling, and completing metallurgical studies by Q3 2024. Environmental and archaeological surveys are underway, with enhanced collaboration with the Tahltan Nation. The open pit, designed for a 21-year life, will produce significant copper, gold, molybdenum, and silver. Preliminary findings suggest opportunities for optimizing the processing flowsheet, although further data collection is needed to refine the geotechnical design.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.56%
Tags
none
-
Rhea-AI Summary

Copper Fox Metals has provided an update on the preliminary mapping results at its 100%-owned Sombrero Butte project in the Bunker Hill Mining District, Arizona. The project focuses on Target #2, featuring a large limonite zone with intense clay alteration. Geological mapping identified several additional breccia pipes and mineralization zones with similarities to the Copper Creek deposit. Notably, 79 additional oxidized breccia pipes were found. CEO Elmer B. Stewart noted that the results suggest a buried porphyry system, though further fieldwork is needed. The findings will guide a deep geophysical survey to better define the chargeability anomalies at Target #1 and Target #2.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.35%
Tags
none
Rhea-AI Summary

Copper Fox Metals, along with its subsidiary Desert Fox Mineral Mountain, has provided an update on its Mineral Mountain Project in Arizona.

The company is seeking a permit to conduct drilling operations at its 2,692.4-hectare porphyry copper property.

The project is located near significant copper deposits, including Rio Tinto and BHP's Resolution deposit.

SWCA Environmental Consultants has been hired to complete the necessary Environmental Assessment (EA) in compliance with NEPA guidelines.

The EA involves literature reviews and field studies covering a 447-acre area, with a focus on endangered species such as the acuña cactus.

The project timeline is approximately four months with an estimated cost of $42,000.

CEO Elmer B. Stewart highlighted the project's potential for discovering a substantial porphyry copper deposit.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-25%
Tags
none
-
Rhea-AI Summary

Copper Fox, a Canadian exploration and development company, announced that it is unaware of any material changes in its operations that would explain the recent increase in market activity. The company focuses on Tier 1 copper projects in Canada and the US. Its key assets include 100% ownership of the Van Dyke oxide copper project in Miami, AZ, and the Eaglehead polymetallic porphyry copper project in British Columbia, among others. Copper Fox also holds a 25% interest in the Schaft Creek Joint Venture with Teck Resources

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
54.55%
Tags
none
-
Rhea-AI Summary
Copper Fox Metals Inc. completes the final payment on the Eaglehead Copper Property, acquiring it for CAD$1.412 million. The property hosts significant mineral resources, with an indicated mineral resource of 0.5 billion pounds ('Blb') copper equivalent and an inferred mineral resource of 1.3 Blb CuEq. The company plans a 2,500-meter drill program to expand the resource size. The project is located in the prolific Liard Mining District in BC, offering great potential for further exploration and development.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
Rhea-AI Summary
Copper Fox Metals Inc. is a North American copper exploration company focused on sustainable and innovative mining. With projects like Van Dyke ISR in Arizona and a joint venture with Teck Resources at Schaft Creek, the company is set for growth. By emphasizing exploration and diversifying its metal portfolio, Copper Fox aims to strengthen its position in the mining sector.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-11.76%
Tags
none
-
Rhea-AI Summary
Copper Fox Metals Inc. provides an update on its Mineral Mountain porphyry copper property in Arizona, highlighting three potential porphyry copper centers. The company plans to drill test Targets #1 and #2 after completing an Environmental Review. SWCA Environmental Consultants have been retained to assist in this process. An independent review by Dr. Timothy Marsh suggests the presence of a copper-mineralized porphyry body at depth. Chargeability targets indicate the concentration of sulphide minerals, with Target #1 showing a leakage halo and strong molybdenum signature. Target #2 represents the top of a chargeability anomaly, while Target #3 is a circular chargeability anomaly with strong molybdenite association.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.25%
Tags
none
-
Rhea-AI Summary
Copper Fox Metals Inc. provides an update on its Van Dyke ISCR project in Arizona, focusing on hydrogeological monitoring, water sampling stations, and geotechnical work. The project aims to advance to the permitting stage, with positive results from formational water analysis and hydrogeological data collection.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
Rhea-AI Summary
Copper Fox Metals Inc. appoints Mr. Manuel Gomez as a new director, bringing extensive experience in the mineral and investment banking industry. Mr. Gomez's background includes roles at UBS and Credit Suisse Group, enhancing Copper Fox's corporate strategy.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
management

FAQ

What is the current stock price of COPPER FOX METALS (CPFXF)?

The current stock price of COPPER FOX METALS (CPFXF) is $0.1832 as of January 28, 2025.

What is the market cap of COPPER FOX METALS (CPFXF)?

The market cap of COPPER FOX METALS (CPFXF) is approximately 102.2M.

Where is Copper Fox Metals Inc. located?

Copper Fox Metals Inc. is located in Calgary, Alberta, Canada.

What are the key projects of Copper Fox Metals Inc.?

Copper Fox Metals Inc. has key projects such as the Van Dyke ISR project in Arizona and a joint venture at Schaft Creek with Teck Resources.

What is the focus of Copper Fox Metals Inc.?

Copper Fox Metals Inc. focuses on sustainable and innovative mining practices, specifically in copper exploration.

What is the aim of Copper Fox Metals Inc.?

Copper Fox Metals Inc. aims to enhance the value of its diverse metal portfolio and contribute to the global demand for copper and critical metals.
COPPER FOX METALS INC

OTC:CPFXF

CPFXF Rankings

CPFXF Stock Data

102.21M
197.91M
58.61%
0.41%
Copper
Basic Materials
Link
United States of America
Calgary