VANCOUVER – Copper Fox Metals Inc. [CUU-TSXV; CPFXF-OTC] reported analytical results from the 2021 metallurgical drilling program for the Schaft Creek copper-gold-molybdenum-silver project in northwestern British Columbia. The Schaft Creek project is managed through the Schaft Creek Joint Venture, formed in 2013 between Teck Resources Limited [TECK.A, TECK.B-TSX; TECK-NYSE], 75%, and Copper Fox, 25%, with Teck being the operator.
The 2021 drill program expanded the metallurgical sampling coverage in the deposit to better inform metal recoveries and comminution characteristics within the early part of the mine life. Four drill holes were completed in the Liard Zone targeting representative geometallurgical domains within the first five-year mine plan as contemplated in the Schaft Creek Preliminary Economic Assessment.
Drilling intersected copper-gold-molybdenum mineralization, including low grade, life-of-mine and higher-grade mineralization for the metallurgical test work.
DDH SCK-21-447 intersected a 216.5-metre interval from 7.6 to 224.1 metres that averaged 0.295% copper, 0.367 g/t gold, 0.004% molybdenum and 1.97 g/t silver. This interval includes 108.4 metres of 0.411% copper, 0.560 g/t gold, 0.004% molybdenum and 2.84 g/t silver starting at 7.6 metres.
DDH SCK-21-446 intersected 104.0 metres of 0.333% copper, 0.123 g/t gold, 0.007% molybdenum and 1.22 g/t silver starting at 86.0 metres downhole. Selection of the samples for metallurgical testwork has commenced.
Elmer B. Stewart, President and CEO of Copper Fox, stated, “Receipt of the analytical results from the 2021 metallurgical drilling program allows sample selection and commencement of the planned metallurgical testwork. The drilling intersected several near surface higher-grade intervals of mineralization and has confirmed continuity and grade of the mineralization between existing drill holes and provides additional confidence in the geological and resource model for the Schaft Creek deposit.”
The 2021 drill program expanded the metallurgical sampling coverage in the deposit to better inform metal recoveries and comminution characteristics. It also provides additional confidence in the geological and resource model for the Schaft Creek deposit and below are associated assays results.
DDH SCK-21-445 was drilled to a depth of 272.6 m in the eastern section of the Schaft Creek deposit. This hole intersected an interval of higher-grade mineralization from surface to a depth of 190.6 m and a lower-grade zone to the end of the drill hole. The drill hole ended in mineralization grading 0.249 % copper, 0.011 g/t gold, 0.005 % molybdenum and 0.18 g/t silver.The 2021 drill program expanded the metallurgical sampling coverage in the deposit to better inform metal recoveries and comminution characteristics. It also provides additional confidence in the geological and resource model for the Schaft Creek deposit and below are associated assays results.
DDH SCK-21-446 intersected a 244.5 m interval of mineralization containing two intervals of higher-grade copper-gold-molybdenum-silver mineralization, including 104.0 m of 0.333 % copper, 0.123 g/t gold, 0.007 % molybdenum and 1.22 g/t silver starting at a core length of 86.0 m.
DDH SCK-21-447 was drilled to a depth of 258.1 m and intersected, from surface to a depth of 116.0 m, an average of 0.441 % copper, 0.560 g/t gold, 0.004% molybdenum and 0.696 g/t silver. The core interval from 224.10 to 258.1 metres returned copper concentrations that ranged up to 0.197% copper, 0.011 to 0.119 g/t gold, trace molybdenum and from 0.11 to 2.29 g/t silver. The drill casing was left in this hole with the objective of re-entering the drill hole in 2022 to test deeper mineralization.
DDH SCK-21-448 was drilled to depth of 42 metres before being suspended due to closure of the 2021 drilling program. The drill casing was left in the hole with the objective of re-entering the drill hole in 2022. This holed ended in mineralization grading 0.353% copper, 0.136 g/t gold, 0.014% molybdenum and 0.95 g/t silver. The drill casing was left in this hole with the objective of re-entering the drill hole in 2022 to test deeper mineralization.
