Commencement Of Hydrogeology Data Collection At Van Dyke Copper Project

Commencement Of Hydrogeology Data Collection At Van Dyke Copper Project

CALGARY – Elmer B. Stewart, President and CEO of Copper Fox Metals Inc., reported, “Initiation of the collection of hydrogeological and water quality data is a significant step in advancing the Van Dyke project, in Gila County, Arizona. The new hydrogeological data will augment the historical hydrogeological database and will be used to prepare an updated hydrogeological model for the Van Dyke project; a critical step in advancing the project to the permitting stage.”

Through its wholly owned subsidiary Desert Fox Copper Inc., the Company reported the drillhole rehabilitation program focused on assessing the potential of rehabilitating historical drillholes for use as hydrogeological monitoring and water sampling stations. Of the drillholes selected for completion, due to downhole difficulties encountered, only one of three drillholes were successfully completed. The current geotechnical work is focused on collecting additional data on the Gila Conglomerate to support an updated mine plan to access the Van Dyke deposit.

Installation of the vibrating wire piezometers (VWP’s) and data recorder in drillhole M-3 has been completed and daily recording of hydrogeological data from this monitoring station commenced in mid-March. Four stations are now recording hydrogeological data. Analysis of the formational waters from the Gila Conglomerate collected during the drillhole rehabilitation program returned concentrations of metals, anions, and cations well below acceptable limits established by the Environmental Protection Agency (EPA). Laboratory strength testing of samples of the Gila Conglomerate is nearing completion with preliminary results expected mid-April. Chemical analyses of the pregnant leach solution (PLS) from the mineralogical and solubility testwork completed in late 2023 and early 2024 is planned.w