Copper Fox Metals Inc. reports recurring developments across a copper-focused project portfolio in North America. News for CPFXF centers on the 100% owned Van Dyke in-situ copper recovery project in Arizona, including drill-core sampling, soluble copper mineralization, preliminary economic assessment work, groundwater modeling, and related technical studies.
Company updates also cover the Schaft Creek Joint Venture in northwestern British Columbia, where Teck Resources Limited is operator with a 75% interest and Copper Fox holds 25%, as well as exploration at Mineral Mountain and other copper targets. Additional releases include interim financial results, project-level environmental, geotechnical and hydrogeological work, market-communication arrangements, and management commentary on project advancement.
Copper Fox Metals (CPFXF) congratulated Premier Designate Lorne Doerkson and the BC Conservatives on their election victory in British Columbia. The company views the proposed “one connected economy” strategy as favorable for its 25% interest in the Schaft Creek joint venture with Teck Resources and its wholly owned Eaglehead project. The strategy aims to accelerate permitting, support exploration and development, and build economic partnerships with First Nations.
Copper Fox Metals (CPFXF) has elected to change its fiscal year-end from October 31 to December 31, subject to approval.
The company has requested Canada Revenue Agency approval and says the change would align its fiscal year-end with the Schaft Creek Joint Venture and streamline calendar-year financial and tax reporting. Copper Fox holds 25% of the venture; Teck Resources holds 75% and is operator. A notice filed on SEDAR+ specifies transition-year and proposed new fiscal-year reporting periods, including comparative periods.
Copper Fox Metals (CPFXF) updated Schaft Creek project activities, with a 2026 program budgeted at C$9.1 million advancing technical investigations. Teck Resources operates the joint venture with a 75% interest; Copper Fox holds 25%.
Metallurgical testing continues to assess processing methods, metal recoveries and energy requirements. Core-scanning work is examining mineralogical variability, while environmental baseline data collection continues. Studies covering tailings, water balance, hydrogeology and geochemistry have begun, alongside work on potential access road alignments. Field camp and infrastructure upgrades are complete. Copper Fox says the integrated program is intended to narrow technical uncertainties and support progress toward a prefeasibility study.
Copper Fox Metals (CPFXF) reported a Q3 2026 net loss of approximately $317,250 and comprehensive gain of about $262,917, with loss per share at $0.00.
As at July 31, 2026, cash was $1.74 million, up from $0.69 million at October 31, 2025, supported by $5.57 million in 2026 gross proceeds from a non-brokered private placement. During the nine months ended July 31, 2026, the company spent $4.04 million advancing Van Dyke, Eaglehead, Sombrero Butte and Mineral Mountain, while the Schaft Creek Joint Venture (SCJV) continued technical reviews.
Key project updates include progress toward a Q4 2026 updated PEA at Van Dyke, confirmation of a Laramide-age porphyry copper system at Mineral Mountain, metallurgical optimization work at Schaft Creek, and receipt of a five-year MYAB exploration permit at Eaglehead.
Copper Fox Metals (CPFXF) reported progress on the updated Preliminary Economic Assessment for its 100%-owned Van Dyke in-situ copper recovery project in Arizona.
The plan features a two-phase underground development totaling approximately 4,900m in the Gila Conglomerate, using a roadheader to avoid blasting gases and help maintain ground stability. Phase I (years 1–6) targets higher-grade mineralization to boost early copper output and accelerate capital recovery, while Phase II (years 7–17) accesses lower-grade areas. The leach schedule sequences panels over five years of leaching plus one year of rinsing per panel, subject to copper content and permitting. A calibrated groundwater flow model has been completed to support future simulations. Copper Fox is also progressing the US$290,000 purchase of its office, core storage and sampling facility in Miami, Arizona, expected to close in September 2026.
Copper Fox Metals (OTCQX: CPFXF) reported significant copper-molybdenum mineralization from diamond drillhole MM-02-2025 at its 100% owned Mineral Mountain porphyry copper project in Arizona. A 278.97m interval from 1,379m to 1,657.97m returned progressively increasing copper, molybdenum, silver and rhenium values, with grades locally up to 1.48% copper and 0.313% molybdenum.
The 2025 two-hole, 2,558.11m program tested a large surface porphyry footprint and a chargeability anomaly. MM-02-2025 intersected strong phyllic alteration, multiple cross-cutting sulphide vein assemblages and bornite rimming chalcopyrite at depth, interpreted as the outer copper-enriched pyritic portion of a porphyry system whose hotter potassic core may lie deeper.
According to Copper Fox, next steps include additional core sampling and integrating geological, structural, geochemical, geophysical and alteration data using geochemical vectoring techniques (ICP-MS with 4-acid digestion) to refine targeting before follow-up drilling. QA/QC included duplicates, certified reference standards and blanks, with analyses performed by an accredited laboratory.
Copper Fox (OTCQX: CPFXF) released an updated exploration model for its 100%-owned Sombrero Butte project in Arizona, outlining evidence for a large, highly evolved porphyry copper-molybdenum system within the Laramide copper province.
The model integrates 2024 DCIP/resistivity geophysics, detailed mapping, airborne magnetics, petrography, alteration and geochemical studies, fluid inclusion work, and historical drilling. Key features include a 3,200m by 1,300m chargeability anomaly (>25 mrad) with 200–500 ohm resistivity, extensive potassic and phyllic (spheroidal sericite) alteration, hypersaline fluid inclusions over a 3km by 1km area, and more than 120 magmatic-hydrothermal breccia pipes. Historical drilling of several breccias returned copper intervals such as 30m at 3.57% Cu and 4.522 g/t Ag from surface at Sunset.
According to Copper Fox, an Arizona consultant has been engaged to prepare surveys required for a Geological Field Operations Plan submission to advance drill testing of the porphyry target.
Copper Fox (OTCQX: CPFXF) reported positive metallurgical results from the Schaft Creek joint venture and outlined the 2026 program aimed at assessing readiness for a Pre-Feasibility Study.
Locked cycle tests show similar or improved molybdenum and gold recoveries at a coarser grind, supporting a new baseline P80 ~212 µm and potential grinding cost reductions.
Copper Fox (OTCQX: CPFXF, TSXV: CUU) appointed Roberto Mazón, B.S. as an additional director, effective until the next annual general meeting of shareholders.
Mazón holds a B.S. in Industrial and Systems Engineering and has over 19 years of executive leadership experience across agribusiness, energy, international trade, and corporate governance.
Copper Fox (OTCQX: CPFXF) reported unaudited Q2 2026 results and project updates. For the three months ended April 30, 2026, net loss was $396,813. The company invested $2.9 million in its Van Dyke, Eaglehead, Sombrero Butte and Mineral Mountain projects and closed a $3.0 million private placement at $0.65 per share.
Key updates include commencement of the 2026 Van Dyke PEA with an updated MRE, confirmation of a large porphyry copper system at Mineral Mountain, and a $9.1 million 2026 work program at Schaft Creek operated by Teck.