Copper Fox Provides Update on 2026 Activities at Schaft Creek Project

Copper Fox Metals Inc. (CUU) released a quarterly operational update regarding its 2026 activities at the Schaft Creek project, which is managed through a joint venture with Teck Resources Limited. The 2026 program carries a budget of C$9.1 million and centers on technical investigations, project studies, and data collection aimed at advancing Schaft Creek toward a prefeasibility-level assessment (PFS).

Metallurgical optimization is a primary focus of the current work, with evaluations of coarse-particle flotation, comminution studies, and ore hardness variability intended to define metal recoveries and processing performance. Concurrently, the company is collecting environmental baseline data, including hydrogeology, meteorology, and water sampling, while conducting an Access Road Trade-Off Study to identify potential alignments. Field camp and infrastructure facility upgrades have been completed to support future field programs. The update confirms that the integrated technical program is narrowing technical uncertainties and establishing the foundation required for a PFS.

Copper Fox Metals Inc. (CUU) released an expected operational update that aligns with its previously announced 2026 work programs and budget allocations. The company reported positive metallurgical findings, noting that coarser grind sizes maintain acceptable copper recovery while improving molybdenum and gold recovery. These results are consistent with prior testwork announcements and support cost-reduction narratives, though they do not constitute a new catalyst. The release introduces no material change to the company's valuation, project timeline, or strategic thesis, reinforcing steady progress toward a Preliminary Feasibility Study (PFS) without providing the surprise or magnitude required to move the stock materially.

Copper Fox Metals Inc. (CUU) maintains a diversified portfolio of copper-focused projects across Tier-1 jurisdictions in British Columbia and Arizona. The company’s Schaft Creek project, in which it holds a 25% interest while Teck operates the remaining 75%, is an advanced-stage porphyry Cu-Au-Mo-Ag deposit in BC. Recognized as one of the largest undeveloped porphyry copper deposits in North America, Schaft Creek is currently advancing toward a pre-feasibility study.

In Arizona, the company’s Van Dyke project is a 100%-owned in-situ copper recovery (ISCR) initiative. A 2020 preliminary economic assessment outlined a 17-year mine life targeting 85 million pounds of copper cathode annually, with an updated PEA serving as the next major milestone. The company also holds the 100%-owned Eaglehead project in BC, a Cu-Mo-Au-Ag resource expansion project that has completed metallurgical testwork and holds a five-year exploration permit. The company is preparing for resource expansion drilling at Eaglehead.

Exploration activities continue at the 100%-owned Sombrero Butte project in Arizona, an exploration-stage porphyry Cu-Mo target where cultural and biological studies, along with drill-site permitting, are currently in progress. Additionally, Copper Fox identified Mineral Mountain, a new Laramide-age porphyry Cu-Mo discovery in Arizona. Maiden drilling at this site confirmed a large system with vectoring toward a higher-grade core.