Overview

Copper Fox Metals is a Canadian-based resource company focused on developing the world-class Schaft Creek Project in northwestern British Columbia. The project hosts a measured and indicated resource of 1.4 billion tonnes containing 7.7 billion pounds of copper, 8.1 million ounces of gold, 69.4 million ounces of silver, and 584 million pounds of molybdenum, and has excellent potential for both resource expansion and new discoveries.


Copper Fox Metals holds rights to acquire up to a 93.4% interest in the Schaft Creek Project pursuant to a 2002 option agreement with Teck Cominco. At feasibility, Teck Cominco can exercise certain back-in rights in order to participate in the project in partnership with Copper Fox Metals.


The technical and management team of Copper Fox Metals is evaluating the potential to develop an open-pit mine with a projected daily milling rate of 65,000 tonnes and a mine life of more than 35 years. The Company’s goals are to advance Schaft Creek to production in an environmentally and socially progressive manner and become a significant minerals producer by 2011.

Chief Properties

Schaft Creek Project

The Schaft Creek mineral deposit was discovered in 1957 and has been investigated by prospecting, geological mapping, geophysical surveys, diamond and percussion drilling. A large volume of technical data, including assays, analyses, and preliminary engineering studies, has been amassed.

The Schaft Creek deposit is a large ‘porphyry copper’ mineral resource. A National Instrument 43-101 report by Associated Geoscientists Ltd. dated December 7th,2007 indicate mine and mill recoveries of 90.3% for Copper, 72% for Molybdenum, 82% for Gold and 72.13% for silver.

The property is in the valley of Schaft Creek, in the Liard Mining Division of northwestern British Columbia, Canada. The land position includes 25,024 hectares with an option to earn up to 93.4% of Schaft Creek deposit from Teck Cominco. Its geographic location is latitude 57 degrees 40′ north, longitude 131 degrees 57′ west. The location is 61 Km south of the village of Telegraph Creek, (population 300), 120 Km southwest of Dease Lake (population 800), 70 Km west north west of Bob Quinn and 1,040 Km north of Vancouver, B. C. A 1,000 metre long airstrip lies adjacent to the Schaft Creek camp.

Project highlights

The Schaft Creek Project has 1.4 billion tonnes of Measured & Indicated Resources at 0.52% Copper Equivalent Cutoff including*:

• 7.7 billion lbs Copper at 0.25% CU
• 8.1 million oz Gold at 0.18 gpt AU
• 584 million lbs Molybdenum at 0.019% MO
• 69.4 million oz Silver at 1.55 gpt AG

*NI 43-101 Resource Calculation prepared by Associated Geoscientists Ltd., PR July 3, 2007

Management

• Guillermo Salazar, P.Geol (AB, BC), M.A.- President, CEO & Director
• J. Michael Smith – Executive-Vice President & Director
• Cam Grundstrom B.Sc Eng.- Vice President, Operations
• Shane Uren – Vice President Environment
• Murray J. Hunter , CA- Chief Financial Officer
• Darren B. Fach – Assistant Secretary
• Charles F. Agar, P.Eng. – Advisor & Director

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