Copper Fox Announces 2024 Schaft Creek Program
Copper Fox Announces 2024 Schaft Creek Program
Calgary, Alberta--(Newsfile Corp. - February 29, 2024) - Copper Fox Metals Inc. (TSXV: CUU) (OTCQX: CPFXF) ("Copper Fox" or the "Company") is pleased to provide its shareholders an outline of the 2024 program for the Schaft Creek copper-gold-molybdenum-silver project located in northwestern British Columbia. The Schaft Creek project is managed through the Schaft Creek Joint Venture ("SCJV"). Teck Resources Limited ("Teck") is the Operator of the SCJV and holds a 75% interest with Copper Fox holding the remaining 25% interest.
艾伯塔省卡爾加里--(新聞檔案公司,2024年2月29日)-Copper Fox Metals Inc. (TSXV: CUU)(場外交易代碼:CPFXF)(“Copper Fox” 或 “公司”) 很高興向其股東概述位於不列顛哥倫比亞省西北部的Schaft Creek銅金鉬銀項目的2024年計劃。沙夫特溪項目由沙夫特溪合資企業(“SCJV”)管理。泰克資源有限公司(“泰克”)是SCJV的運營商,持有75%的權益,Copper Fox持有其餘的25%權益。
2024 Program Highlights:
2024 年計劃亮點:
- The objective of the program is to advance the key project parameters to transition the project from Scoping to Prefeasibility Study ("PFS") stage by the end of 2024 or early in 2025.
- Planned expenditures in 2024 are C$18.7 million to be fully funded by Teck.
- Technical Activities:
- Completion of the metallurgical testwork program currently underway
- 4,500m of drilling focused on key technical areas including the Highwall, Tailing Storage Facility ("TSF"), and Rock Storage Facility ("RSF")
- Engineering Studies:
- Site wide geotechnical and facilities assessment of the TSF, RSF and proposed infrastructure
- Update access road alignment
- Update construction timeline
- Updates to the Resource, Geologic, Structural and Slope Stability Models
- Continue the Environmental Baseline data collection program initiated in 2023 and strengthen collaboration and engagement with the Tahltan Nation.
- 該計劃的目標是推進關鍵項目參數,以便在2024年底或2025年初將項目從範圍界定階段過渡到預可行性研究(“PFS”)階段。
- 2024年的計劃支出爲1,870萬加元,將由泰克全額資助。
- 技術活動:
- 完成目前正在進行的冶金測試工作計劃
- 4500米的鑽探重點是關鍵技術領域,包括高牆、尾礦儲存設施(“TSF”)和岩石儲存設施(“RSF”)
- 工程研究:
- 對TSF、RSF和擬議基礎設施進行全場岩土工程和設施評估
- 更新出入道路路線
- 更新施工時間表
- 資源、地質、結構和邊坡穩定模型的更新
- 繼續執行2023年啓動的環境基線數據收集計劃,加強與塔爾坦民族的合作和參與。
Elmer B. Stewart, President and CEO of Copper Fox, stated, "The objective of the 2024 program is to gather necessary information to transition the project from Scoping to PFS stage by confirming key aspects of the site design and continuing the environmental baseline program while aligning these activities with the cultural and social traditions of the Tahltan Nation. The planned work activities are focused on completing investigations where required and confirming value-add opportunities which will inform the PFS."
Copper Fox總裁兼首席執行官埃爾默·斯圖爾特表示:“2024年計劃的目標是通過確認場地設計的關鍵方面和繼續執行環境基準計劃,同時使這些活動與塔爾坦民族的文化和社會傳統保持一致,收集必要的信息,將項目從範圍界定過渡到PFS階段。計劃的工作活動側重於在需要時完成調查並確認增值機會,這將爲PFS提供信息。”
2024 Program Summary
The 2024 program is expected to advance the project from Scoping to PFS stage by confirming key aspects of the site and project design layout and to advance the geotechnical model. Determination of exact drill meter allocation will occur by the end of Q1 2024 as data gathered in 2023 is being processed and interpreted. Essential camp upgrades including completion of the solar power facility is planned.
2024 年計劃摘要
通過確認場地和項目設計佈局的關鍵方面,預計2024年的項目將從範圍界定階段推進到PFS階段,並推進岩土工程模型。隨着2023年收集的數據的處理和解釋,將在2024年第一季度末確定鑽探儀的確切分配。計劃進行必要的營地升級,包括完成太陽能發電設施。
The key components of the 2024 program for Schaft Creek are:
沙夫特溪2024年計劃的關鍵組成部分是:
Drilling:
The 2024 program consists of 2 drills and a planned 4,500-meter geotechnical drilling campaign allocated to the proposed open pit Highwall, TMF, and RSFs. The exact drilling allocations will be determined after receiving final results of the Pit Slope Stability study and interpretation of the geotechnical data collected in 2023. This work is expected to be received by the end of March 2024.
鑽探:
2024年的計劃包括2次鑽探和計劃中的4500米岩土工程鑽探活動,這些鑽探活動分配給擬議的露天礦Highwall、TMF和RSF。確切的鑽探分配將在收到礦坑邊坡穩定性研究的最終結果和對2023年收集的岩土工程數據的解釋後確定。這項工作預計將在2024年3月底之前收到。
Environmental Baseline Studies:
The 2024 program plans to continue the Environmental Baseline studies initiated in 2023 in preparation of an Environmental Assessment Permit submission. Studies will include water sampling (both surface and ground water), meteorology, hydrogeology, fish and fish habitat data collection, glacier and wildlife monitoring and cultural, heritage and archaeology studies in and around the project footprint.
環境基線研究:
2024年的計劃計劃繼續進行2023年啓動的環境基線研究,爲提交環境評估許可證做準備。研究將包括水樣採樣(地表水和地下水)、氣象、水文地質學、魚類和魚類棲息地數據收集、冰川和野生動物監測以及項目足跡及其周圍的文化、遺產和考古研究。
The data from these studies will be used to refine the project footprint and update details and design of infrastructure components including the Highwall, RSF locations, camp design, TMF, power transmission route, haul and access road designs to inform the PFS.
這些研究的數據將用於完善項目佔地面積,更新基礎設施組成部分的細節和設計,包括Highwall、RSF地點、營地設計、TMF、輸電路線、運輸和通道設計,爲PFS提供信息。
Cultural/Social:
A significant portion of the 2024 program includes strengthening collaboration with the Tahltan Nation on cultural and social traditions initiatives as well as community support programs, continued community engagement and active engagement with the Tahltan Lands Department and Archaeology Team.
文化/社交:
2024年計劃的很大一部分包括加強與塔爾坦民族在文化和社會傳統舉措以及社區支持計劃方面的合作,持續的社區參與以及與塔爾坦地政部和考古小組的積極參與。
Camp Upgrade:
Camp upgrades will include completion of the solar power facility and refurbishment of existing bunkhouses and wash facilities. These upgrades will allow for expanded future field programs and ensure safe and efficient execution of the proposed 2024 field program.
營地升級:
營地升級將包括完成太陽能發電設施以及翻新現有牀鋪和洗滌設施。這些升級將允許擴大未來的實地項目,並確保安全高效地執行擬議的2024年實地計劃。
Elmer B. Stewart, MSc. P. Geol., President and CEO of Copper Fox, is the Company's non-independent, nominated Qualified Person pursuant to National Instrument 43-101, Standards for Disclosure for Mineral Projects, and has reviewed and approves the scientific and technical information disclosed in this news release.
埃爾默·斯圖爾特,理學碩士Copper Fox總裁兼首席執行官P. Geol. 是該公司的非獨立人士,根據National Instrument 43-101《礦業項目披露標準》被提名爲合格人士,並已審查和批准本新聞稿中披露的科學和技術信息。
About Copper Fox
Copper Fox is a Canadian exploration and development company focused on Tier 1 copper projects in Canada and the United States. The principal assets of Copper Fox and its wholly owned subsidiaries, being Northern Fox Copper Inc. and Desert Fox Copper Inc., are the 100% ownership of the Van Dyke oxide copper project located in Miami, AZ, the 100% interest in the Mineral Mountain and Sombrero Butte porphyry copper exploration projects located in Arizona, the 25% interest in the Schaft Creek Joint Venture with Teck Resources Limited on the Schaft Creek copper-gold-molybdenum-silver project and the 100% owned Eaglehead polymetallic porphyry copper project each located in northwestern British Columbia. For more information on Copper Fox's mineral properties and investments visit the Company's website at .
關於 Copper Fox
Copper Fox是一家加拿大勘探和開發公司,專注於加拿大和美國的一級銅礦項目。Copper Fox及其全資子公司——北狐銅業公司和沙漠狐銅業公司——的主要資產是位於亞利桑那州邁阿密的範戴克氧化銅項目的100%所有權、位於亞利桑那州的礦山和Sombrero Butte斑岩銅勘探項目的100%權益、與泰克資源有限公司合資的沙夫特溪銅金鉬銀項目25%的權益以及 100% 擁有 Eaglehead 多金屬斑岩銅項目,每個項目都位於英國西北部哥倫比亞。有關Copper Fox礦產和投資的更多信息,請訪問該公司的網站,網址爲。
For additional information contact: Lynn Ball at 1-844-464-2820; investor@copperfoxmetals.com.
欲了解更多信息,請聯繫:Lynn Ball 致電 1-844-464-2820;investor@copperfoxmetals.com。
On behalf of the Board of Directors
代表董事會
Elmer B. Stewart
President and Chief Executive Officer
埃爾默 B. 斯圖爾特
總裁兼首席執行官
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
多倫多證券交易所風險投資交易所及其監管服務提供商(該術語在多倫多證券交易所風險投資交易所的政策中定義)均不對本新聞稿的充分性或準確性承擔責任。
Cautionary Note Regarding Forward-Looking Information
This news release contains "forward-looking information" within the meaning of the Canadian securities laws. Forward-Looking information is generally identifiable by use of the words "believes," "may," "plans," "will," "anticipates," "intends," "budgets", "could", "estimates", "expects", "forecasts", "projects" and similar expressions, and the negative of such expressions. Forward-Looking information in this news release include statements about: the 2024 program advancing the project; updating the project configuration and permitting timeline; a 4,500 m drill program; continuing environmental data collection, completion of metallurgical study; transitioning the project from Scoping to Prefeasibility Study stage; bringing forward value recognition opportunities; and a budget of C$18.7 million.
關於前瞻性信息的警示說明
本新聞稿包含加拿大證券法所指的 “前瞻性信息”。前瞻性信息通常可以通過使用 “相信”、“可能”、“計劃”、“將”、“預期”、“打算”、“預算”、“可能”、“估計”、“預期”、“預測”、“項目” 等詞語以及此類表述的否定詞來識別。本新聞稿中的前瞻性信息包括以下方面的陳述:推進該項目的2024年計劃;更新項目配置和許可時間表;4500米的鑽探計劃;繼續收集環境數據,完成冶金研究;將項目從範圍界定過渡到預可行性研究階段;提前提供價值確認機會;以及1,870萬加元的預算。
In connection with the forward-looking information contained in this news release, Copper Fox and its subsidiaries have made numerous assumptions regarding, among other things: the geological, metallurgical, engineering, financial and economic advice that Copper Fox has received is reliable and is based upon practices and methodologies which are consistent with industry standards; the speed of field studies; and the stability of economic and market conditions. While Copper Fox considers these assumptions to be reasonable, these assumptions are inherently subject to significant uncertainties and contingencies.
關於本新聞稿中包含的前瞻性信息,Copper Fox及其子公司對以下方面做出了許多假設:Copper Fox收到的地質、冶金、工程、財務和經濟建議是可靠的,其基礎是符合行業標準的做法和方法;實地研究的速度;以及經濟和市場條件的穩定性。儘管Copper Fox認爲這些假設是合理的,但這些假設本質上會受到重大的不確定性和突發性的影響。
Additionally, there are known and unknown risk factors which could cause Copper Fox's actual results, performance, or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information contained herein. Known risk factors include among others: the 2024 drill program and associated metallurgical and geotechnical testwork may not be completed within the timeline or at all; the environmental work and socio-economic interaction with the Tahltan Nation may not be completed within the timeline or at all; the planned expenditures for the 2024 program may be over/under-estimated; uncertainties relating to interpretation of the previous results; the overall economy may deteriorate; uncertainty as to the availability and terms of future financing; fluctuations in commodity prices and demand; currency exchange rates; and uncertainty as to timely availability of permits and other governmental approvals.
此外,還有一些已知和未知的風險因素可能導致Copper Fox的實際業績、業績或成就與本文所包含的前瞻性信息所表達或暗示的任何未來業績、業績或成就存在重大差異。已知的風險因素包括:2024年的鑽探計劃及相關的冶金和岩土工程測試工作可能無法在時間表內或根本無法完成;環境工作和與塔爾坦民族的社會經濟互動可能無法在時間表內或根本無法完成;2024年計劃的計劃支出可能被高估/低估;與先前結果解釋有關的不確定性;整體經濟可能惡化;未來融資可用性和條款的不確定性;大宗商品的波動價格和需求; 貨幣匯率; 以及及時獲得許可證和其他政府批准方面的不確定性.
A more complete discussion of the risks and uncertainties facing Copper Fox is disclosed in Copper Fox's continuous disclosure filings with Canadian securities regulatory authorities at . All forward-looking information herein is qualified in its entirety by this cautionary statement, and Copper Fox disclaims any obligation to revise or update any such forward-looking information or to publicly announce the result of any revisions to any of the forward-looking information contained herein to reflect future results, events, or developments, except as required by law.
Copper Fox向加拿大證券監管機構提交的持續披露文件中披露了對Copper Fox面臨的風險和不確定性的更全面的討論。除非法律要求,否則此處的所有前瞻性信息均受本警示聲明的全部限制,Copper Fox不承擔修改或更新任何此類前瞻性信息或公開宣佈對本文包含的任何前瞻性信息進行任何修訂以反映未來業績、事件或發展的結果的義務。