Copper Fox Metals Reports More Mineralized Intervals at the Van Dyke ISCR Project, Arizona

Why It Matters

The expanded soluble‑copper envelope strengthens Copper Fox's resource base, improving the economics of its ISCR approach and positioning the project for faster advancement to a PFS. Robust hydrogeologic modeling further de‑risks the leach‑based extraction method, a key factor for investors and permitting agencies.

Key Takeaways

• 15 of 18 sampled drill holes exceed 0.025% total soluble copper cutoff
• DDH M-2 shows 53.8 m interval averaging 0.543% total copper
• DDH OXY-46 delivers 74.6 m interval averaging 0.273% total copper
• Updated 3‑D groundwater model improves hydrogeologic understanding for leach design
• PEA update will refine resource estimate and guide path to PFS

Pulse Analysis

Copper Fox Metals' Van Dyke project sits in Arizona's historic Globe‑Miami mining district, a region known for high‑grade copper deposits. The in‑situ copper recovery (ISCR) method, which leaches copper directly from the ore body, offers a lower‑cost, lower‑environmental‑impact alternative to traditional mining. By completing a comprehensive 2026 drill core sampling program, the company now has a richer dataset to validate the mineralized envelope that underpins its 2020 resource estimate, a critical step for any junior miner seeking to attract capital.

The latest drill results are compelling. DDH M‑2 returned a 53.8‑metre interval with an average total copper grade of 0.543%, while DDH OXY‑46 produced a 74.6‑metre interval at 0.273% total copper. Both holes exceed the 0.025% TSCu cutoff, confirming that higher‑grade zones extend deeper than previously modeled. Coupled with a newly calibrated 3‑D groundwater flow model for the Bloody Tanks Wash basin, Copper Fox now possesses a clearer picture of fluid pathways that will influence wellfield placement and leach efficiency—key variables in the project's cost structure.

With the data in hand, Copper Fox is advancing its preliminary economic assessment (PEA), which will integrate updated resource numbers, hydrogeology, water‑treatment needs, and infrastructure costs. The PEA aims to produce refined pre‑tax and post‑tax cash‑flow models, identify data gaps, and outline development scenarios that could accelerate the move to a Preliminary Feasibility Study. In a market where copper demand is projected to rise sharply due to electrification and renewable‑energy investments, a well‑defined, cost‑effective ISCR project could become a valuable asset for both the company and the broader supply chain.