Copper Fox Provides Update on 2025 Geophysical Program on Eaglehead Porphyry Copper Property

On November 19, 2025, Copper Fox announced the final results from its 2025 geophysical program and an update on desktop studies at its 100% owned Eaglehead Porphyry Copper Project in British Columbia. The key takeaway from the geophysical program is the identification of a 4,400-meter-long chargeability anomaly, which substantially expands the geophysical signature associated with the project's four known deposits (East, Bornite, Pass, and Camp). The company states this highlights the potential to expand mineralization in all four deposits, which remain open, and identifies a new priority exploration target between the Camp deposit and the West zone.

The release also mentions that a desktop study is underway to determine optimal long-term access for future drilling, aiming to minimize environmental impact and reduce costs. The news includes a table of historical drill results from various zones for context but contains no new drilling assays.

The news is a positive, incremental step forward for the Eaglehead project. The expansion of the chargeability anomaly from a previously reported 2,800 meters (in the preliminary results of August 22, 2025) to 4,400 meters is a significant increase in the target's footprint. This enhances the exploration potential and provides a pipeline of future drill targets.

However, as a risk-averse analyst, it is crucial to note that geophysical anomalies are not discoveries. They are valuable exploration tools that increase the probability of success, but they must be confirmed with drilling. This news does not add any defined mineralization or economic value to the company today; it merely enhances the potential of the Eaglehead asset.

In the context of Copper Fox's overall portfolio and recent activities, this news is routine. The market's primary focus is justifiably on the maiden diamond drilling program that commenced in late October 2025 at the 100%-owned Mineral Mountain project in Arizona. The results from that program will be a far more significant catalyst than these geophysical results.

Furthermore, the company is advancing multiple projects simultaneously, which stretches its limited financial resources. While the Eaglehead results are encouraging, they add another project requiring future exploration expenditures to a company already managing significant programs at Mineral Mountain, Van Dyke, Sombrero Butte, and the large Schaft Creek JV.

Therefore, the impact is rated as Routine - Positive. It confirms the prospectivity of Eaglehead and sets the stage for future work, but it is overshadowed by more immediate, value-driving catalysts like the pending drill results from Mineral Mountain.

Copper Fox Metals is a Canadian-based exploration and development company focused on copper. It has a diversified portfolio of assets in Tier-1 jurisdictions: British Columbia, Canada, and Arizona, USA.

The company's flagship asset is its 25% interest in the Schaft Creek Joint Venture in northwestern British Columbia. The project is one of the largest undeveloped porphyry copper-gold-molybdenum-silver deposits in North America. The JV is operated by Teck Resources Ltd. (75% interest), which provides significant technical and financial validation. The project is advancing towards a Pre-Feasibility Study (PFS), expected to commence in early 2026.

Copper Fox also holds a 100% interest in four other projects: - Van Dyke (Arizona): An advanced-stage in-situ copper recovery (ISCR) project with a 2020 PEA. A decision on a US$23.4M PFS is pending. - Mineral Mountain (Arizona): An exploration-stage porphyry copper project currently undergoing its maiden drill program. - Sombrero Butte (Arizona): An exploration-stage porphyry copper project being advanced to the drill-ready stage. - Eaglehead (BC): An exploration-stage polymetallic porphyry copper project where recent geophysics has expanded the target size.