Copper Fox Updates Sombrero Butte Copper Project
Copper Fox Updates Sombrero Butte Copper Project
Calgary, Alberta--(Newsfile Corp. - May 30, 2024) - Copper Fox Metals Inc. (TSXV: CUU) (OTCQX: CPFXF) (FSE: HPU) ("Copper Fox" or the "Company") and its owned subsidiary, Desert Fox Sombrero Butte Co. ("Desert Fox"), are pleased to provide shareholders an update on preliminary results of mapping activities at its 100% owned Sombrero Butte project located in the historic Bunker Hill Mining District, Arizona. The Sombrero Butte project is located approximately 2 kilometers (km) south of the Copper Creek porphyry copper deposit, which is currently undergoing exploration/development by Faraday Copper Corp. Our current program is focused on Target #2, a large near surface chargeability body located in the center of the property.
阿爾伯塔省卡爾加里-(新聞稿) -銅狐狸金屬公司2024年5月30日。(tsxv:cuu)(otcqx:cpfxf)(fse:hpu)("銅狐狸"或"公司")及其擁有的子公司Desert Fox Sombrero Butte Co.("沙漠狐狸","Desert Fox"),高興地向股東們提供了有關其位於亞利桑那州歷史攪拌山礦區的100%擁有的Sombrero Butte項目的初步製圖活動結果的更新。Sombrero Butte項目位於銅溪斑岩銅礦牀以南約2公里處,該礦牀目前正在Faraday Copper Corp.進行勘探/開發。我們目前的計劃重點關注目標#2,在物業中心位置的一個大型近地表電荷體。「Desert Fox Sombrero Butte Co.」(「Desert Fox」)非常高興地提供其100%擁有的位置在亞利桑那州歷史攪拌山礦區的Sombrero Butte項目的初步測繪結果的股東更新。Sombrero Butte項目位於目前正在接受Faraday Copper Corp.勘探開發的Copper Creek斑岩銅礦牀以南約2公里處。我們現有的計劃主要關注目標#2,該處是物業中心位置的一個大型近地表電荷體。Desert Fox 非常高興向股東更新其100%擁有的位置位於亞利桑那州Bunker Hill Mining District的Sombrero Butte項目的製圖初步結果。Sombrero Butte項目位於靠近Copper Creek斑岩銅礦牀2公里(km)以南。 目前Faraday Copper Corp正在對該礦牀進行勘探/開發。 我們目前的計劃重點關注目標#2, 該目標是物業中心位置一個大型的近地表電荷體。很高興向股東們提供Sombrero Butte項目的初步製圖活動結果,該項目由Copper Fox及其全資子公司Desert Fox Sombrero Butte Co.("Desert Fox")所擁有。 該項目位於亞利桑那州歷史攪拌山礦區,靠近Copper Creek銅斑岩礦牀。 Copper Creek正在進行勘探/開發,屬於Faraday Copper Corp。 我們目前的計劃側重於目標#2,該項目位於物業中心位置,是一種大型近地表電荷體。
Target #2 Highlights
目標 #2 亮點
- A large NNE trending Limonite zone, characterized by intense limonite staining, quartz-limonite veining, and limonite-stained, intensely clay altered breccia pipes.
- Contained within the Limonite zone, in addition to the clay altered breccia pipes, are several broad zones of intense clay (in places limonite stained) development. The degree of clay development is gradational and ranges from 10% to 100%.
- Localized areas of disseminated chalcopyrite/pyrite mineralization occur primarily in the Glory Hole volcanics and in a porphyritic phase of the Copper Creek granodiorite. The zones of sulphide mineralization occur towards the periphery of the Limonite zone.
- Sporadic zones of tourmaline and epidote alteration and hydrothermal magnetite veining in outcrops.
- Field checking of some of the SWIR anomalies identified by the 2023 Hyperspectral Survey resulted in the location of 79 additional extensively oxidized breccia pipes exhibiting pervasive limonite staining, quartz-limonite veining, and in places trace chrysocolla.
- 一個巨大的NNE趨勢的Limonite帶,以強烈的Limonite染色、石英-Limonite脈和染有Limonite的、強烈變質的角礫岩管爲特徵。
- 在Limonite帶內,除了變質的角礫岩管外,還有幾個廣闊的強烈變質的粘土區域(在某些地方染上Limonite)。粘土的發育程度漸變,並在10%至100%範圍內變化。
- 在Glory Hole火山岩和銅溪花崗岩的斑岩相中,出現了分散的黃銅礦/黃鐵礦礦化區。硫化礦礦化帶出現在Limonite帶的周邊。
- 露頭中的偶發性電氣石和蝕變礦帶以及熱液磁鐵礦脈。
- 對2023年高光譜調查識別的一些SWIR異常進行實地檢查,結果發現了79個附帶有廣泛氧化的角礫岩管,這些角礫岩管表現爲瀰漫的Limonite染色、石英-Limonite脈,某些地方含有微量的硫磺銅。
Elmer B. Stewart, President & CEO of Copper Fox commented, "The mapping program has highlighted several additional geological and alteration features in common with the Copper Creek porphyry copper deposit. The data suggests the center of a buried porphyry system is located to the northeast; and is overlain by limonitic Glory Hole volcanics that is interpreted to represent the oxidized portion of the pyrite shell commonly associated with a Laramide age porphyry copper deposit in Arizona. The location of the tourmaline and epidote alteration around the periphery of interpreted location of the porphyry system is consistent with the geological model for the Copper Creek porphyry deposit. While these results are encouraging, additional fieldwork is required to gain more certainty on the current interpretation. The results of the mapping program form the basis for planning a deep penetrating geophysical survey to define the size of the chargeability anomalies underlying Target #1 and Target #2."
銅狐狸公司總裁兼CEO Elmer B. Stewart評論道:“製圖計劃突出了與Copper Creek斑岩銅礦相似的幾個附加地質和變質特徵。數據表明一個埋藏的斑岩系統的中心位於東北部,並被被氧化的Glory Hole火山岩覆蓋着,該火山岩被解釋爲代表亞利桑那州Laramide時代斑岩銅礦經常出現的黃鐵礦殼的氧化部分。雕刻帶綠柱石和蝕變帶在解釋爲斑岩系統位置的邊緣周圍,符合銅溪銅斑岩礦牀的地質模型。雖然這些結果令人鼓舞,但還需要額外的實地工作,以對當前的解釋更有把握。製圖計劃的結果是規劃深穿透地球物理勘查的基礎,以定義覆蓋目標#1和目標#2的電荷異常的大小。
Exploration Model
The Copper Creek porphyry copper deposit is being used as the exploration model to explore the Sombrero Butte project. The Copper Creek porphyry deposit is hosted in the Laramide age (66Ma) Copper Creek granodiorite and slightly older Glory Hole volcanics that were intruded by late-stage porphyritic phases exhibiting various colored matrix and varying concentrations of plagioclase, hornblende, biotite, and quartz phenocrysts.
勘探模型
Copper Creek斑岩銅礦牀被用作勘探Sombrero Butte項目的模型。金屬賦存區的上部爲黃鐵礦優勢區,深部向銅硫化物(黃銅礦+硼銅礦)和鉬礦石轉變,向外緣則爲多金屬基礎金屬脈狀礦化。Copper Creek是一個盲蝕變斑岩礦牀,在地表上表現爲含礦(Cu+/-Mo-Au-Ag)岩漿熱液角礫岩。 Glory Hole火山岩花崗岩(Guthrie 1978)和熱液磁鐵礦、綠柱石和蝕變礦化在Copper Creek區的周緣也有分佈。
Metal zoning at Copper Creek consists of an upper pyrite dominant zone that transitions at depth to copper sulphides (chalcopyrite + bornite) and molybdenite and peripherally to polymetallic base metal vein style mineralization. Copper Creek is a blind deposit and manifested on surface by mineralized (Cu +/- Mo-Au-Ag) magmatic hydrothermal breccia pipes. Hornfelsing of the Glory Hole volcanics (Guthrie 1978) and hydrothermal magnetite, tourmaline and epidote alteration occur on the periphery of the Copper Creek district.
圖1顯示了Laramide年代的Glory Hole火山岩和較年輕的Copper Creek花崗岩儲量的分佈。這些單位被類似於物業北側的Copper Creek區的晚期斑岩巖牆(在圖1上未顯示)的斑岩相所侵入。
The chargeability pseudo-section shown in Figure 1 illustrates the positive chargeability signatures associated with Target # 1 and Target #2 and the significant mineralized intervals intersected in DDH SB-03 (Bell Copper - 2007). The geophysical survey was completed in 2015.
圖1顯示了與目標#1和目標#2相關的正電荷性標誌和DDH SB-03(Bell Copper-2007)所相交的重要礦化間隔的電荷假象剖面。地球物理測量已於2015年完成。
Lithologies
Figure 1 shows the distribution of the Laramide age Glory Hole volcanics and younger Copper Creek granodiorite stock. These units were intruded by late-stage porphyritic dikes (not shown on Figure 1) similar to the Copper Creek district located north of the property.
岩石
圖1顯示了Laramide年代的Glory Hole火山岩和較年輕的Copper Creek花崗岩儲量的分佈。這些單位被類似於物業北側的Copper Creek區的晚期斑岩巖牆(在圖1上未顯示)的斑岩相所侵入。
Breccia Pipes
Several styles of mineralized and non-mineralized magmatic hydrothermal breccia pipes occur within the property. In the northern portion of the project (Target #1), the breccia pipes are characterized by strong potassic alteration and exhibit both oxidized and primary chalcopyrite/bornite mineralization that contains variable concentrations of Ag-Mo-Au. Tourmaline breccias also occur within this area.
角礫岩管
物業內有幾種礦化和非礦化的岩漿熱液角礫岩管。在該項目北部(目標#1),角礫岩管具有強烈的鉀質蝕變,同時表現出氧化和原生黃銅礦/硼銅礦礦化,其包含Ag-Mo-Au的濃度變化。該區域內還存在綠柱石角礫岩。
In the center of the project (Target #2), these breccias are sericitized, intensely oxidized, exhibit pervasive limonite staining and limonite-quartz veining and trace secondary copper minerals. Breccias exhibiting advanced argillic alteration similar to that found in other major porphyry copper systems in Arizona including San Manuel located approximately 12km west of the Sombrero Butte project also occur in this portion of the project.
在項目中心(塔吉特#2),這些角礫岩被硅化,被強烈氧化,展示了普遍的赭石染色和赭石石英脈化以及微量的次生銅礦物。 該項目的這一部分還出現了展示與亞利桑那州其他主要斑岩型銅礦系統(包括位於Sombrero Butte項目以西約12公里的San Manuel)相似的進階粘土質蝕變的角礫岩。
Exploration Targets
The locations of Target #1 and Target #2 are shown in Figure 1. The geology, alteration, mineralization, and style of magmatic breccia pipes suggests that each target represents a distinctly different level within a porphyry copper system.
勘探目標
圖1展示了塔吉特#1和塔吉特#2的位置。巖體、蝕變、成礦作用和斑岩角礫管的類型表明,每個目標代表銅斑岩系統內的不同層次。
Target #1 located at the north end of the property shares a common boundary with the Copper Creek project. This target is interpreted to represent the upper level of a porphyry system; characterized by mineralized magmatic hydrothermal breccia pipes intruding the Copper Creek granodiorite and Glory Hole volcanics and a deep (+/-500m) positive (>10 mrads) chargeability and low resistivity signature that continues to the north onto the Copper Creek project. Seven of these breccia pipes have been drilled to depths of 500 meters ('m') below surface and returned significant intervals of high-grade copper mineralization with variable concentrations of molybdenum-gold-silver hosted in magmatic hydrothermal breccia and in the Copper Creek granodiorite (Figure 1).
塔吉特#1位於該產權的北端,與Copper Creek項目共用一條邊界。這個目標被解釋爲銅斑岩體系的上層;以礦化岩漿熱液角礫管侵入Copper Creek花崗岩和榮耀孔火山岩以及一個深(+/-500m)陽性(>10毫拉德)電性和低電阻化標誌,並且延伸到Copper Creek項目的北部。這些角礫管中的七個已經鑽探到距地面以下500米的深度,並返回了在礦化岩漿熱液巖角礫和Copper Creek花崗岩中寄主的可變濃度的高品位銅礦物化的重要間隔(Figure 1)。所有板塊
Target #2 in the central part of the property is interpreted to represent a deeper level of the porphyry system. The surface exposure of this target is characterized by a broad zone of pervasive limonite (oxidized pyrite), areas of intense clay development and a considerable number of intensely leached, limonite-stained breccia pipes exhibiting weak copper mineralization (minor chrysocolla). The Limonite zone is interpreted to represent the oxidized portion of the pyrite shell (surrounds the copper shell) associated with a porphyry system. This target is characterized by a near surface, large (approximately 3,100m long) positive (>30 mrads) chargeability anomaly and resistivity low, the top of which is estimated to occur at a depth of less than 100m below surface and extends to depths beyond 700m below surface.
該產權中央部位的Target #2被解釋爲銅斑岩系統中的深層。該目標的地表展示爲一片普遍的赭石帶(氧化的黃鐵礦)、強烈粘土發育區和相當數量的強烈淋濾、赭石染色的角礫岩,展示出弱的銅礦化(次生銅礬的少量)。赭石帶被解釋爲與銅斑岩體系相關的黃鐵礦外殼的氧化部分(包圍銅外殼)。該目標的特點是近地表的大型(長約3,100米)陽性(>30毫拉德)電性異常和電阻率低,其頂部估計出現在距地面不到100米深度,延伸到地面以下700米以上的深度。在Target #2內,主要寄主於榮耀孔火山岩的粗略定義的大型NNE趨勢的銅-鉬異常。該異常由大於500ppm的銅和>5ppm的鉬組成,長約1,700米,平均寬度爲500米。銅濃度從500ppm到50,400ppm不等,鉬濃度從5到706ppm不等。
Within Target #2 is a crudely defined large NNE trending copper-molybdenum anomaly hosted primarily in the Glory Hole volcanics. This anomaly defined by the greater than 500 parts per million ('ppm') copper and >5ppm molybdenum and measures approximately 1,700m long and averages 500m wide. Copper concentrations range from 500ppm to 50,400ppm and molybdenum concentrations range from 5 to 706ppm.
資訊 #2
Sampling
Thirty-nine (39) samples have been collected for major and trace element (including rare earth elements) geochemistry, thirty-seven (37) samples have been submitted for petrographic studies to better identify alteration patterns and two (2) samples have been submitted for age dating and zircon geochemistry. Analytical methodologies will be reported along with results when received.
收集了39個樣品進行主要和微量元素(包括稀土元素)地球化學。已提交37個樣品進行岩石學研究,以更好地確定蝕變模式,並提交了2個樣品進行年齡測定和鋯石地球化學分析。分析方法將在收到結果時報告。
泰克資源有限公司的Schaft Creek銅-金-鉬-銀項目的Schaft Creek聯合風險項目中,Copper Fox擁有25%的利益,該項目的100%擁有Mineral Mountain和Sombrero Butte斑岩銅勘探項目,以及Van Dyke ISCR項目。Copper Fox和其全資子公司Northern Fox Copper Inc.和Desert Fox Copper Inc.的主要資產是位於加拿大和美國的銅勘探和開發。此外,該公司還擁有位於不列顛哥倫比亞西北部的Eaglehead多金屬斑岩銅項目。有關Copper Fox的礦產資產和投資的更多信息,請訪問該公司的網站。
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.
Copper Fox的非獨立提名的專業人員Elmer B. Stewart, MSc. P. Geol.是該公司的總裁兼首席執行官,根據43-101法規,“關於礦產項目的披露標準”,並且已經審查並批准了本新聞稿中披露的科學和技術信息。
About Copper Fox
Copper Fox is a Tier 1 Canadian resource company focused on copper exploration and development 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% ownerships of the Van Dyke ISCR project, and the Mineral Mountain and Sombrero Butte porphyry copper exploration projects all 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是一家加拿大一流的資源公司,專注於加拿大和美國的銅勘探和開發。Copper Fox及其全資子公司Northern Fox Copper Inc.和Desert Fox Copper Inc.的主要資產是位於亞利桑那州的Van Dyke ISCR項目和Mineral Mountain和Sombrero Butte斑岩銅勘探項目,以及位於不列顛哥倫比亞省西北部的100%擁有的Eaglehead多金屬斑岩銅項目。該公司與Teck Resources Limited合資的Schaft Creek銅-金-鉬-銀項目中持有25%的權益。有關Copper Fox的礦產資產和投資的更多信息,請訪問該公司的網站。
On behalf of the Board of Directors
謹代表董事會
Elmer B. Stewart
President and Chief Executive Officer
Elmer B. Stewart
總裁兼首席執行官
For additional information contact: Fidel Montagu at investor@copperfoxmetals.com or 1-844-464-2820
有關更多信息,請聯繫:投資者的Fidel Montagu,電子郵件地址:investor@copperfoxmetals.com或電話號碼:1-844-464-2820。
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.
TSX Venture Exchange及其監管服務提供商(如TSX Venture Exchange政策中定義的那樣)均不對本發佈內容的充分性或準確性承擔責任。
Cautionary Note Regarding Forward-Looking Information
This news release contains forward-looking statements within the meaning of the Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and forward-looking information within the meaning of the Canadian securities laws (collectively, "forward-looking information"). Forward-looking information is 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 includes statements regarding limonite and clay zones; mineralized breccia pipes; chargeability/resistivity signatures; and SWIR anomalies.
關於前瞻性信息的警示
此新聞稿包含根據1933年證券法第27A條和1934年證券交易法第21E條和根據加拿大證券法提供的前瞻性信息(統稱爲“前瞻性信息”)。 本新聞稿中的前瞻性信息可識別爲使用“認爲”、“可能”、“計劃”、“將”、“預期”、“意圖”、“預算”、“可能”、“估計”、“期望”、“預測”、“項目”等類似表達方式以及這些表達方式的否定形式。本新聞稿中的前瞻性信息包括關於赭石帶和粘土帶;礦化的角礫岩;電性標誌;和SWIR異常。
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 advice that Copper Fox has received is reliable and is based upon practices and methodologies which are consistent with industry standards; and the reliability of historical reports. While Copper Fox considers these assumptions to be reasonable, these assumptions are inherently subject to significant uncertainties and contingencies.
與本新聞稿中包含的前瞻性信息有關,Copper Fox及其子公司已經做出了衆多假設,其中包括:Copper Fox收到的地質建議是可靠的,並且基於符合行業標準的實踐和方法;和歷史報告的可靠性。雖然Copper Fox認爲這些假設是合理的,但這些假設本質上存在重大的不確定性和不確定因素。
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: limonite and clay zones may not be related to a porphyry system; the mineralized breccia pipes may not be related to a buried porphyry system; the dimensions and shape of the chargeability/resistivity signatures may not as estimated or contain appreciable concentrations of copper minerals; the breccia pipes associated with the SWIR anomalies may not contain significant concentrations of copper mineralization; the alteration patterns may not be indicative of porphyry style mineralization; the mineralized breccia pipes may not contain meaningful mineralization; the historical drilling results may not be representative of the mineralization present within the property; the surface mineralization may not represent buried porphyry style mineralization; the financial markets and the overall economy may deteriorate; the need to obtain additional financing and uncertainty of meeting anticipated program milestones; and uncertainty as to timely availability of permits and other governmental approvals.
此外,存在已知和未知的風險因素,這些風險因素可能導致Copper Fox的實際結果、表現或業績與此處所表達的任何未來結果、表現或業績存在實質性的差異。已知的風險因素包括但不限於:赭石帶和粘土帶可能與斑岩體系無關;礦化的角礫岩可能與埋藏的斑岩體系無關;電性標誌的尺寸和形狀可能不如預期或包含可觀測的銅礦物質;與SWIR異常相關的角礫岩可能不包含重要的銅礦化;蝕變模式可能不是斑岩類型礦化的指標;礦化的角礫岩可能不包含有意義的礦化物;歷史鑽探結果可能不代表物業內存在的礦化物;地表礦化可能不代表埋藏的斑岩類型礦化;金融市場和整個經濟可能惡化;需要獲得額外的融資並且不確定能否按計劃完成;以及獲得許可證和其他政府批准的時效性不確定。
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 sedarplus.ca. 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.
有關Copper Fox面臨的風險和不確定性的更完整討論,請參閱Copper Fox在加拿大證券監管機構的持續披露文件,網址:sedarplus.ca。此處的所有前瞻性信息均將受到本警告聲明的整體限制,以及Copper Fox否認修改或更新任何此類前瞻性信息或公開宣佈對任何此類前瞻性信息所作任何修改的結果的義務。除法律規定外,本項修改不得發佈或分發或進行指定管轄區域之外的其他行爲。