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CUU own 25% Schaft Creek: proven/probable min. reserves/940.8m tonnes = 0.27% copper, 0.19 g/t gold, 0.018% moly and 1.72 g/t silver containing: 5.6b lbs copper, 5.8m ounces gold, 363.5m lbs moly and 51.7m ounces silver; (Recoverable CuEq 0.46%)

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Message: Drill

It's possible that one or both drill rigs are still on the property or are returning for more drilling.

Phase 1 of the 2012 exploration program including diamond drilling has been completed. Additional drilling may be undertaken in September

Mr. Stewart, President of Copper Fox stated, "Although to date the drilling was limited in extent, it achieved the first Phase of the objectives of the 2012 exploration program. A Phase 11 program is currently being considered. The source of the Titan-24 chargeability anomaly on the Discovery zone is interpreted to be the copper-gold-silver mineralization intersected by the 2012 drilling. The higher grade nature of the copper-gold mineralization in certain portions in (DDH) CF427-2012 and the absence of molybdenum in both drill holes suggest a separate mineralizing event from that which formed the Schaft Creek deposit. The combination of these drill results, the chargeability anomalies and mineralization in outcrop lends considerable support to the mineral potential of the Schaft Creek mineral trend."

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