Copper Fox Digs Sharp Gains on Assay Results from Schaft Creek

Copper Fox Metals Inc. (CUU.V) gained about 10% in the afternoon after announcing further assay results from 4 diamond drill holes completed for geotechnical purposes as part of the 2011 drill program and recently completed metallurgical testwork on the Paramount zone of the Schaft Creek deposit.

Mr. Stewart, President of Copper Fox, said: "The geotechnical holes DDH CF417-2011 and DDH CF423-2011 have intersected significant intervals of copper mineralization a considerable distance outside the current limits of the Schaft Creek deposit."

CUU is now traded at $1.50 per share. So far, more than 1.1 million CUU shares have already changed hands.