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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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The 2014 program was designed to CONFIRM not to increase historical results.

Mr. Stewart, President of Copper Fox stated, "The re-sampling and proposed diamond drilling programs are designed to confirm the historical data in advance of completing a NI 43-101 compliant resource estimation. The resource estimation is the first step towards completion of a Preliminary Economic Assessment of the Van Dyke copper deposit. The gold and silver concentrations available from the historical data are of significant interest and dictate that the distribution and concentration of these elements over the entire deposit need to be determined in order to select the best method in which to evaluate this deposit."

Diamond Drilling Program:


MMTS has recommended a minimum 5,000m (approximately seven holes) diamond drilling program for the Van Dyke copper deposit to confirm the historical drilling results. The program consists of twinning seven historical drill holes, re-submitting pulps from original drill core samples and splitting the mineralized core interval for certain historical drill holes to confirm the historical analytical results (see table below). Based on the results of this sampling, MMTS plans to use the new data to verify the accuracy of the historical information and then complete a NI 43-101 compliant resource estimation for the Van Dyke copper deposit.

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