Mr. Elmer Stewart, President and CEO said, “The PEA will provide important technical and economic updates on the Schaft Creek Project up to 2020. When compared to the January 23, 2013 Feasibility Study, the PEA incorporates changes to the mine plan, operating and capital costs, design improvements, updated metal pricing and USD:CAD currency exchange assumptions. The recent studies have identified a number of opportunities to lower capital and operating costs that enhances the value of the project. The PEA will provide Copper Fox an updated reference point from which to establish a strategy of maximizing the value of this asset to its shareholders.”

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