Copper Fox Announces Q3 2025 Operating and Financial Results

Executive Summary

• Copper Fox filed its unaudited interim consolidated financial statements for the quarter ended July 31, 2025, reporting a net loss of $906,699.
• The company disclosed $1.33 M of expenditures on development and exploration across its Schaft Creek, Van Dyke, Eaglehead, Sombrero Butte, and Mineral Mountain projects.
• Multiple project‑specific milestones were announced, including completion of the Van Dyke Execution Plan, permitting for a maiden drill program at Mineral Mountain, expanded geophysical targets at Eaglehead, and preparation of a PFS‑level Execution Plan for Van Dyke (estimated cost US$23.4 M).

Key Details

• Financial Results – Net loss $906,699 for Q3 2025 (July 31 2025); comparable loss $826,730 in Q3 2024; loss per share $0.00.
• Cash Position – $693,743 as of July 31 2025; $154,748 at the time of release.
• Expenditures – $1,331,760 (excluding FX) spent on project development and exploration during the quarter.

Project Updates

• Van Dyke – Execution Plan for a PFS completed; decision to proceed expected by end‑Oct 2025; Execution Plan for PFS prepared by Stantec (12,620 m drilling, 3‑year schedule, US$23.4 M cost with 10% contingency).
• Schaft Creek – Received Teck Resources environmental baseline studies (archaeology, water, hydrogeology, fish habitat). 2025 field program ongoing; solar array installation for camp power; drilling south of Liard zone commenced.
• Eaglehead – 3‑D pole‑dipole DCIP survey completed (2,800 m long chargeability anomaly, depth ~2,400 m); data to be integrated into updated exploration models.
• Mineral Mountain – BLM accepted surety bond; maiden drill program planned (up to four holes, 2,000 m) targeting high‑chargeability zones; additional geophysical results released (quartz‑vein copper ± molybdenum).
• Sombrero Butte – Updated exploration model released; detailed mineralogical description of granodiorite intrusions and chargeability anomalies.

Corporate Actions

• Research Coverage – Initiation reports issued by Atrium Research Corp. and HoldCo Markets Advisory Inc., distributed via Bloomberg, FactSet, Capital IQ, Reuters.
• Warrant Acceleration – Common share purchase warrants (issued Feb 28 2025) accelerated to expire 5:00 pm Calgary time on Oct 14 2025 after TSXV VWAP > $0.30.

Selected Financial Metrics (Three‑Month Periods)

Liquidity

• Cash at July 31 2025: $693,743
• Cash at release date: $154,748

Notable Quotes

“During the Quarter, achievements included completion of the Execution Plan for a prefeasibility study (PFS) at Van Dyke… The next Quarter is shaping up to be exciting.” – Elmer B. Stewart, President & CEO

All forward‑looking statements are subject to risks and uncertainties detailed in Copper Fox’s continuous disclosure filings.