Copper Fox Announces Desktop Study of Van Dyke Project
Elmer B. Stewart, President and CEO of Copper Fox stated, "The results of the 2020 PEA indicated the Van Dyke deposit to be a technically sound, potential mid-tier, in-situ copper recovery (ISCR) project.
- Elmer B. Stewart, President and CEO of Copper Fox stated, "The results of the 2020 PEA indicated the Van Dyke deposit to be a technically sound, potential mid-tier, in-situ copper recovery (ISCR) project.
- Historically the project has been permitted for production of copper using ISCR methods on several occasions, with copper production of four million pounds reported.
- The study is expected to outline the timeline and estimated cost should Copper Fox decide to enter the formal permitting process for the project.
- The principal assets of Copper Fox and its wholly owned Canadian and United States subsidiaries, being Northern Fox Copper Inc. and Desert Fox Copper Inc., are the 25% interest in the Schaft Creek Joint Venture with Teck Resources Limited on the Schaft Creek copper-gold-molybdenum-silver project located in northwestern British Columbia and the 100% ownership of the Van Dyke oxide copper project located in Miami, Arizona.