Copper Fox Metals Inc (TSX-V:CUU, OTCQX:CPFXF), through its wholly-owned Northern Fox Copper Inc subsidiary, provided an update on its 100% owned Eaglehead polymetallic porphyry copper project in British Columbia, saying the focus of the 2022 field season is diamond drilling to test the continuity of porphyry mineralization between the Bornite and East zones.
The copper explorer and project developer noted that mobilization of the field crew is expected around mid-June due to excessive snow conditions, with drilling expected to begin in early July pending receipt of the 2022 Notice of Work (NoW).
“Positive results from the 2022 drilling program combined with the findings of the Moose Mountain data gap analysis could provide data of sufficient quality and quantity to meet the threshold of completing a resource estimation,” Copper Fox Metals CEO Elmer Stewart said in a statement.
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“If this threshold is achieved, that could allow Copper Fox to decide to advance the Eaglehead project to the mineral resource stage. The preliminary results of the proposed mapping/prospecting program on the recently identified exploration targets could expand the mineral potential of the project for both porphyry and potentially, VMS (volcanogenic massive sulfide) styles of mineralization,” Stewart added.
The updating of the geological model for the Bornite and East zones before the proposed drilling program has identified a ‘potentially’ new mineralized intrusive unit referred to as a ‘quartz-eye’ porphyry, the existence of which, the company said, could have a significant impact in understanding the evolution of the source porphyry system responsible for the porphyry-style mineralization in these zones.
As well, Copper Fox said mapping, prospecting and sampling, if required, are planned for these targets before beginning the drilling program as each target exhibits several factors that support a positive correlation with a porphyry copper system.
Copper Fox focuses on copper exploration and development in Canada and the US. The principal assets of Copper Fox and its wholly-owned Canadian and US subsidiaries are the 25% interest in the SCJV with Teck Resources on the Schaft Creek copper-gold-molybdenum-silver project located in northwestern British Columbia and the 100% ownership of the Van Dyke oxide copper project located in Miami, Arizona.
Contact Sean at sean@proactiveinvestors.com