Nice article...thanks for posting it!!

It gives an up to date overview for any newbies that are thinking about coming on board.

In case you missed it here's an excerpt...

Copper Fox Metals Inc. [CUU-TSXV; CPFXF-OTC] is a company that aims to acquire potentially large, low-cost porphyry copper projects and advance them to a point where they can be sold for development to larger mine operators.

It is a strategy that aims to capitalize on the growing recognition of the role that copper could play in the evolving green economy as investments by governments around the world increase the demand for the red metal in electric vehicles and renewable energy.

From a demand perspective, stronger than expected strategic buying by China this year is sending what was thought to be a balanced copper market into deficit, Eric Heimlich, a base metals analyst at CRU Consulting, said recently.

In recent weeks, analysts say investors have also been attracted to copper and copper-related equities as they search for assets that offer exposure to a post-pandemic economic recovery that is being facilitated by a global vaccination drive that is now underway.

Trading at 18 cents on December 16, 2020, shares in Copper Fox offer what looks like a low-risk entry to this unfolding scenario.

Copper Fox has two advanced stage projects in its portfolio that contain significant quantities of copper, gold, and molybdenum. One is the Schaft Creek Project in northwestern British Columbia. It ranks as one of the largest undeveloped porphyry copper-gold-molybdenum-silver deposits in North America. The other is the 100%-owned Van Dyke in-situ copper recovery project in Arizona.

The company is also working to complete the purchase of a second British Columbia project that could host a sizable porphyry copper system.

In January, 2013, Copper Fox released the results of a Feasibility Study for Schaft Creek. The study concluded that a 130,000 tonnes-per day conventional open pit mine could be developed at the site at a cost of $3.26 billion and would produce copper and separate molybdenum concentrates over a lifespan of 21 years. Pursuant to the finalization of the Feasibility Study, Vancouver-based metals giant Teck Resources Ltd. [TECK.B-TSX; TECK.A-TSX; TECK-NYSE] exercised their back-in right and acquired a 75% interest in Schaft Creek, with Copper Fox holding a 25% carried interest in the joint venture. In the eight years since the feasibility study was announced, Teck has spent $19 million on the project.

Copper Fox issued a news release on November 24, 2020 saying it has engaged Tetra Tech Canada Inc. to prepare a Preliminary Economic Assessment, a NI 43-101 technical report for the Shaft Creek Project. The PEA will outline the current status of the project and outline the potential impact of recent studies to enhance the value of the project by identifying a number of opportunities to lower capital and operating costs. It will also provide Copper Fox with an updated reference point from which to establish a strategy of maximizing the value of this asset to its shareholders.

Meanwhile, the company is taking a similar approach at the Van Dyke Project where it is working to complete a PEA that will take into account the positive changes in resource classification and a substantial increase in soluble copper content that was reported in an updated resource estimate

According to the updated estimate announced May 5, 2020, Van Dyke contains an indicated resource of 97.6 million tonnes, grading 0.24% recoverable copper, containing 517 million pounds of soluble copper. On top of that is an inferred resource of 168.0 million tonnes, grading 0.19% recoverable copper containing 699 million pounds of soluble copper.

The most recent estimates envisage a base case annual production rate of 85 million pounds annually over an 18-year mine life. That’s up from a 2015 estimate of 60 million pounds per year over a mine life of 11-years.

“The robust geological and updated copper recovery models combined with higher long term copper pricing area expected to have a significant impact on project economics and mine life, indicating that the Van Dyke project continues to prove itself as a serious competitor in the ISCR sector in Arizona,” said Copper Fox President and CEO Elmer Stewart.

Meanwhile, Copper Fox is also working to complete the purchase of 100% of the Eaglehead project in northern British Columbia from District Copper Corp. [DCOP-TSXV, CAXPF-OTC]. While this is an exploration stage project, the technical data for the project indicates the potential for this project to host a sizable porphyry copper system, the company has said.

The Copper Fox portfolio also contains two exploration stage copper projects in Arizona, known as Mineral Mountain and Sombrero Butte, both of which are hosted in Laramide Age intrusives  located along well established copper porphyry trends.