Copper Fox is a Canadian resource development company listed on the TSX-Venture Exchange (TSX-V: CUU) with offices in Calgary, Alberta and through its wholly owned subsidiary Desert Fox, an office in Miami, Arizona.
Copper Fox holds a 25% interest in a joint venture with Teck Resources Limited on the Schaft Creek project in northwestern British Columbia. On January 23, 2013, a National Instrument 43-101 technical report was completed on the Schaft Creek copper-gold-molybdenum-silver project. The feasibility study calls for a 130,000 tonne per day open pit mine with proven and probable reserves of 940.8 million tonnes grading 0.27% copper, 0.19 g/t gold, 0.018% molybdenum and 1.72 g/t silver with a 21 year mine life. The proven and probable reserves are estimated to contain 5.6 billion pounds of copper, 5.8 million ounces of gold, 363.5 million pounds of molybdenum and 51.7 million ounces of silver.
In addition to Copper Fox's interest in the Schaft Creek Joint Venture, Copper Fox holds, through Desert Fox Copper Inc. ('Desert Fox') and its wholly-owned subsidiaries, the Sombrero Butte copper project located in the Bunker Hill District, Pinal County, Arizona and the Van Dyke copper project located in the Globe-Miami District, Gila County, Arizona. The Van Dyke copper project is located adjacent to the mining operations of BHP Billiton and Freeport McMoRan copper mining operations. The Van Dyke oxide copper deposit is reported to host a Historical Estimate of 112 million tonnes grading 0.52% copper.