Copper Fox Reports Progress on Van Dyke's Updated PEA and Establishing Permanent Facility in Miami, Arizona

Copper Fox Metals Inc. (CUU) released a progress update on the revised Preliminary Economic Assessment (PEA) for its 100% owned Van Dyke in-situ copper recovery (ISCR) project in Arizona. The updated PEA outlines a two-phase underground development plan involving approximately 4,900 meters of development, which will utilize a roadheader for mechanical excavation to enhance safety and ground stability within the Gila Conglomerate.

Phase I, covering years 1 through 6, targets higher-grade portions of the deposit to accelerate capital cost recovery, while Phase II, spanning years 7 through 17, will access lower-grade areas. The leaching strategy prioritizes higher-grade panels early in the project lifecycle, with a five-year leaching period per panel followed by one year of rinsing. Additionally, a preliminary 3D groundwater flow model for the Bloody Tanks Wash drainage basin has been successfully calibrated, supporting hydrological monitoring and permit strategy efforts.

In corporate developments, Copper Fox Metals announced discussions to purchase its current office and core storage facility in Miami, Arizona, for US$290,000, with closing expected in September 2026. CEO Elmer B. Stewart noted that trade-off studies have been completed to optimize pre- and post-tax economic models using updated copper prices.

Copper Fox Metals Inc. (CUU) has released a standard follow-up to the Preliminary Economic Assessment (PEA) commencement announcements made earlier in 2026, confirming that the company is progressing through the technical and engineering phases of the updated PEA without material delays. The update includes the acquisition of a facility for $290,000, a minor capital expenditure that secures operational infrastructure and eliminates future lease obligations. No new economic metrics, resource estimates, or financing announcements are included in the report.

Copper Fox Metals Inc. is a Canadian junior mining company focused on copper projects in North America, with a secondary focus on molybdenum, gold, and silver. Its flagship asset is the Van Dyke ISCR project in the Globe-Miami Mining District, Arizona. This 100% owned in-situ copper recovery project has a planned 17-year mine life and targets 85 million pounds of Grade A copper cathode annually. The ISCR methodology eliminates open pits and tailings facilities, significantly reducing environmental impact.

The company’s portfolio also includes the Schaft Creek joint venture, in which it holds a 25% interest while Teck Resources operates with a 75% stake, located in British Columbia. Additionally, Copper Fox Metals Inc. holds 100% ownership of exploration-stage projects at Eaglehead and Sombrero Butte in Arizona, as well as Mineral Mountain in Arizona.