Positive IP Results And Increased Land Position At Mineral Mountain Copper Project

CALGARY - Copper Fox Metals Inc. and its wholly owned subsidiary, Desert Fox Mineral Mountain Co., reported on the deep penetrating geophysical survey at the Mineral Mountain project located approximately 16 miles northeast of Florence, Arizona.  Identification of a northeast trending open-ended positive (>18mrad) chargeability/resistivity anomaly measuring approximately 3,200 meters ('m') long by 1,200 m wide has been identified. The chargeability/resistivity signature is like that which would be expected in the oxidized/supergene zone above the hypogene zone of a porphyry copper system in Arizona. A 1,200 m long by 900 m wide portion of the larger chargeability/resistivity anomaly comes to surface in an area of the property with quartz vein/veinlet/fracture hosted secondary copper (chrysocolla, malachite, chalcocite) and molybdenum mineralization in sericitic/potassic altered porphyritic quartz monzonite and granodiorite. An additional 80 mineral claims (1,653 acres) have been added to the Project to cover the interpreted extension of the northeast trending open-ended positive chargeability/resistivity anomaly and a mineralized Laramide intrusive.

Elmer B. Stewart, President, and CEO, said, "The results of the IP survey are consistent with the current geophysical model for the oxidized/supergene enriched portion of a Laramide age porphyry copper system in Arizona. The strong positive correlation between the various geoscientific data has identified a near surface drillable target measuring approximately 1,200 m long and 900 m wide that transitions at depth to a significantly larger chargeability signature consistent with the geological/exploration model developed for the Mineral Mountain project."