• DDH CF422-2011 intersected the western edge (a 75m wide portion) of a large 1,800m long by 800m wide chargeability anomaly located within the Schaft Creek Mineral Trend;

Mr. Stewart, President of Copper Fox stated, "The interpretation that the Schaft Creek Mineral Resource could host other deposits is strongly supported by the mineralization in DDHCF422-2011. Although a considerable amount of drilling is required to delineate and determine the significance of this discovery, the continuity of the mineralization and its location on the western edge of a large strong chargeability anomaly suggests that this zone has considerable potential. This discovery marks a significant milestone in understanding the mineral potential of the Schaft Creek project. DDHCF418B, DDHCF420-2011 and DDHCF425-2011 were drilled between the Paramount and Liard zones and demonstrate continuity of the mineralization along strike and at depth. These holes contain higher grade intervals which although narrowing to the south are hosted in broad zones of copper mineralization with lower gold and molybdenum concentrations."