| | Publié le 06 septembre 2011 | Welcomes the Awarding of the Construction Contract for the Northwest Transmission Line Project |
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Tuesday, September 06, 2011 Copper Fox Welcomes the Awarding of the Construction Contract for the Northwest Transmission Line Project
Vancouver, British Columbia -- September 6, 2011. Copper Fox Metals Inc. ("Copper Fox" or the "Company") (TSX-V: CUU) applauds the recent announcement that BC Hydro has awarded the design and construction contract for the Northwest Transmission Line (NTL) project. This decision complements and completes the granting, by the Provincial Environmental Assessment Office on February 24, 2011, of an environmental certificate for the extension of the power grid to the so called Golden Triangle area located in North Western British Columbia. Elmer B. Stewart President and CEO of Copper Fox stated, "We applaud BC Hydro for this announcement. The awarding of this contract is a major milestone toward delivering the necessary power for the development of the north western portion of the province, an area which hosts enormous potential for development, including mining and green energy, which would provide significant long term economic and employment benefits to the region. This announcement provides security of electrical power to move the development of projects like Schaft Creek one step closer to becoming an operating mine. The development of the Schaft Creek project would add approximately 800 full time jobs and approximately 1,600 jobs in industries supporting the operation of the Schaft Creek project." About Copper FoxCopper Fox is a Canadian based resource company listed on the TSX-Venture Exchange (CUU-TSX-V). Copper Fox was recently recognized by TSX Venture Inc. as a member of the distinguished TSX Venture 50(r) group where it had the distinction of being ranked first overall for 2010. The Company is working on completing a Feasibility Study on the Schaft Creek deposit, one of the largest undeveloped copper, gold, molybdenum and silver deposits in North America. The current Mineral Resources (using a 0.20% copper equivalent cutoff) at Schaft Creek includes; Measured Resource of 40 million tonnes grading 0.36% copper, 0.25 g/t gold and 0.023% molybdenum, Indicated Resource of 971 million tonnes grading 0.27% copper, 0.18 g/t gold, 0.017% molybdenum, Inferred Resource of 283 million tonnes grading 0.24% copper, 0.15 g/t gold and 0.011% molybdenum. A Feasibility Study is being led by Wardrop, A Tetra Tech Company on a minimum 120,000 tpd open pit mine and the study is expected to be completed in the fourth quarter of 2011. Copper Fox holds title and a 100% working interest in a contiguous 24,003.5 hectare (59,311 acre) property which includes the Schaft Creek deposit subject to certain royalty agreements, a 30% carried interest held by Liard Copper and an earn back option held by Teck Resources Limited ("Teck"). Copper Fox is currently earning a 78% interest in Liard Copper from Teck. Teck's earn back option to acquire 20%, 40% or 75% of the Copper Fox portion of the Schaft Creek project is triggered upon completion of a positive Feasibility Study. Should Teck elect to exercise its option for 75% they are required to fund subsequent property expenditures up to a total of 400% of those incurred by Copper Fox ($61.8 million as of June 30, 2011) and arrange for project financing, including the Copper Fox portion. For full details of the option please refer to the Company's website www.copperfoxmetals.com. Additionally Copper Fox holds mineral claims totaling 3,947 hectares (9,752 acres) in the Liard mining district of BC not subject to the Teck earn-back. *United States investors are advised that current Mineral Resources are not current Mineral Reserves and do not have demonstrated economic viability. All figures are rounded to reflect the relative accuracy of the estimate and in keeping with "best practice principles".
For additional information contact: Investor line 1-866-913-1910 or J. Michael Smith, EVP, at 1-604-689-5080 On behalf of the Board of Directors Elmer B. Stewart President & Chief Executive Officer Neither 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.
Cautionary Note Regarding Forward-Looking InformationThis 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 timing and scope of the feasibility study for the Schaft Creek project; estimated timing and amounts of future expenditures and "earn-back" options; geological interpretations and potential mineral recovery processes. Information concerning mineral reserve and resource estimates also may be deemed to be forward-looking information in that it reflects a prediction of the mineralization that would be encountered if a mineral deposit were developed and mined.
In connection with the forward-looking information contained in this news release, Copper Fox has 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; and the continued financing of the Feasibility Study; and the anticipated analytical results of the current drilling program. While Copper Fox considers these assumptions to be reasonable, these assumptions are inherently subject to significant uncertainties and contingencies. 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 Feasibility Study may not be completed within the contemplated time frame, or at all; the possibility that the construction of Northern Transmission Line will never be completed, the possibility that the analytical results from the core sampling does not return significant grades of copper mineralization; the possibility that future drilling on the Schaft Creek project may not occur on a timely basis, or at all; fluctuations in copper and other commodity prices and currency exchange rates; uncertainties relating to interpretation of drill results and the geology, continuity and grade of mineral deposits; uncertainty of estimates of capital and operating costs, recovery rates, and estimated economic return; the need to obtain additional financing to develop properties and uncertainty as to the availability and terms of future financing; the possibility of delay in exploration or development programs or in construction projects and uncertainty of meeting anticipated program milestones; uncertainty as to timely availability of permits and other governmental approvals
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 www.sedar.com. 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.
You can also view this News Release on our website at: http://www.copperfoxmetals.com/s/NewsReleases.asp?ReportID=477391
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Copper Fox Metals Inc.
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EN DÉVELOPPEMENT |
CODE : CUU.V |
ISIN : CA21749Q1046 |
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ProfilIndicateurs de MarchéVALEUR : Projets & res.Communiqués de PresseRapport annuelRISQUE : Profile actifsContactez la cie |
Copper Fox est une société développant des projet miniers de cuivre basée au Canada. Copper Fox est en développement de projets de cuivre, d'argent, de molybdène et d'or au Canada. Son principal projet en développement est SCHAFT CREEK au Canada. Copper Fox est cotée au Canada. Sa capitalisation boursière aujourd'hui est 96,3 millions CA$ (69,9 millions US$, 65,6 millions €). La valeur de son action a atteint son plus haut niveau récent le 21 avril 2011 à 2,63 CA$, et son plus bas niveau récent le 13 mars 2020 à 0,01 CA$. Copper Fox possède 427 809 984 actions en circulation. |
Rapports annuels de Copper Fox Metals Inc. |
Financements de Copper Fox Metals Inc. |
01/07/2016 | Announces Closing of the Second placement |
08/04/2013 | Announces Closing of a $2,653,000 Financing |
22/02/2013 | announces a $2,500,000 Private Placement Unit Offering, insi... |
22/01/2013 | ANNOUNCES the Closing of a $1,500,000 Financing by an Inside... |
16/01/2013 | Announces a $1,500,000 Private Placement Unit Offering, Insi... |
16/01/2013 | Announces a $1,500,000 Private Placement Unit Offering, Insi... |
24/10/2012 | ANNOUNCES the Closing of a $2,500,000 Financing by an Inside... |
14/09/2012 | Announces the Closing of a $4,025,000 Financing by an Inside... |
23/07/2012 | ANNOUNCES a $4,025,000 Private Placement Unit Offering, Insi... |
18/06/2012 | Announces A $4,480,000 Private Placement Unit Offering Insid... |
30/01/2012 | Announces The Closing Of $2,200,000 Financing By An Insider |
19/01/2012 | Announces a $2,200,000 Private Placement Unit Offering Insid... |
14/12/2011 | Announces the Closing of $4,000,000 Financing by an Insider |
07/12/2011 | Announces Increase of $2,000,000 to previously announced Pri... |
05/10/2011 | Announces the Closing of $5,000,000 Financing by an Insider |
13/09/2011 | Announces an Additional $2,000,000 Private Placement Unit Of... |
08/09/2011 | announces a $3,000,000 Private Placement Unit Offering. Ins... |
31/03/2011 | ANNOUNCES THE ACCELERATION TERM TO BE APPLIED TO THE EXPIRY ... |
17/03/2011 | CLOSING OF A $3,750,000 NON BROKERED PRIVATE PLACEMENT FLOW-... |
17/02/2011 | Announces a $3,750,000 Non Brokered Private Placement Flow-T... |
22/10/2009 | closing of a $2,000,000 Private Placement Unit Offering |
28/09/2009 | $2,000,000 Private Placement |
23/06/2009 | Provides Update on its $6,000,000 Private Placement |
19/06/2009 | Updates on its $6,000,000 private placement |
02/06/2009 | announces a $6,000,000 non-brokered Private Placement of whi... |
16/12/2008 | Announces the Withdrawal of a Private Placement Financing |
07/11/2008 | ANNOUNCES PRIVATE PLACEMENT FINANCING |
07/11/2008 | Announces Private Placement Financing |
15/05/2008 | closes Non Brokered Private Placement Financing of $12,398,2... |
17/07/2007 | to raise $10,000,000 in flow-through and non-flow-through fu... |
17/07/2007 | Intends to offer a brokered private placement |
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Attributions d'options de Copper Fox Metals Inc. |
Nominations de Copper Fox Metals Inc. |
Rapports Financiers de Copper Fox Metals Inc. |
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Projets de Copper Fox Metals Inc. |
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Communiqués de Presse de Copper Fox Metals Inc. |
29/06/2016 | Copper Fox Announces 2016 Second Quarter Financial Results |
10/06/2016 | Copper Fox Announces a $1,000,000 Non-Brokered Private Place... |
31/03/2016 | Copper Fox Announces 2016 First Quarter Financial Results |
30/03/2016 | Copper Fox Annnounces 2016 Schaft Creek Program |
25/01/2016 | Copper Fox Announces Mineral Mountain Copper Project in Ariz... |
24/12/2015 | Copper Fox Files Van Dyke Technical Report on SEDAR |
22/12/2015 | Copper Fox Announces $1,650,000 Non-Brokered Private Placeme... |
06/11/2015 | Copper Fox Provides Update of Activities |
29/09/2015 | Copper Fox Announces Third Quarter Results |
25/09/2015 | Copper Fox Extends Size of Exploration Target on Sombrero Bu... |
08/09/2015 | Copper Fox Reports Large Chargeablity Signature on Sombrero ... |
28/07/2015 | Copper Fox Provides Update of Activities |
13/07/2015 | Copper Fox Commences Titan-24 DCIP Survey at Sombrero Butte ... |
15/04/2015 | Copper Fox Announces Preliminary Results of Metallurgical Te... |
08/04/2015 | Copper Fox Announces Commencement of Preliminary Economic As... |
31/03/2015 | Copper Fox Annnounces First Quarter Results |
17/03/2015 | Copper Fox Annnounces 2015 Schaft Creek Program |
13/03/2015 | Copper Fox Receives $3.63 Million Cash Refund |
12/03/2015 | Copper Fox Extends Warrant Expiry Dates and Announces AGM Da... |
27/02/2015 | Copper Fox Announces Annual Results |
09/02/2015 | Copper Fox Updates Schaft Creek Project Activities |
03/02/2015 | Copper Fox Files Van Dyke Technical Report on SEDAR |
15/01/2015 | Copper Fox Completes Top-Up Investmentin Carmax Mining Corp. |
24/12/2014 | Copper Fox Provides Corporate Update on Project Activities |
19/12/2014 | Copper Fox Completes Inferred Mineral Resource Estimate for ... |
03/12/2014 | Copper Fox Announces Preliminary In-Situ Leach Test Results ... |
28/10/2014 | Copper Fox Announces Commencement of Resource Estimate at Va... |
23/10/2014 | Copper Fox Announces Update on Schaft Creek Project |
25/09/2014 | Copper Fox Completes Top-Up Investment in Carmax Mining Corp... |
23/09/2014 | Copper Fox Announces Third Quarter Results |
10/09/2014 | Copper Fox Announces Van Dyke Drill Results and Provides Oth... |
07/08/2014 | Copper Fox Announces Van Dyke Drill Results and Provides Cor... |
21/07/2014 | Copper Fox Completes Van Dyke Drilling Program and Provides ... |
18/06/2014 | Copper Fox Announces Second Quarter Results |
29/05/2014 | Copper Fox Closes Carmax Investment |
23/05/2014 | Copper Fox Announces Carmax Shareholders Approve Private Pla... |
15/05/2014 | Copper Fox Adds Second Drill to Van Dyke Project and Provide... |
03/12/2013 | s Activities on Van Dyke Copper Deposit in Arizona |
19/11/2013 | Sampling locates two large areas of porphyry style copper-mo... |
30/08/2013 | announces a corporate reorganization |
12/08/2013 | provides update on corporate activities |
16/07/2013 | (Schaft Creek)And Teck Resources Form Schaft Creek Joint Venture |
05/06/2013 | (Schaft Creek)provides update on discussions regarding Schaft Creek |
07/02/2013 | (Schaft Creek)Completes Land Acquisitions at Schaft Creek & Sombrero Butte... |
17/01/2013 | Announces Extension Of Expiry Date Of Certain Stock Options |
17/10/2012 | (Schaft Creek)Reports Diamond Drill Results From the 2012 Drilling Program... |
25/09/2012 | (Schaft Creek)Reports the Status of the Schaft Creek Feasibility Study and... |
25/09/2012 | (Schaft Creek)Reports the Status of the Schaft Creek Feasibility Study and... |
04/09/2012 | Drilling Indicates Widespread Mineralization in the Discover... |
02/08/2012 | (Schaft Creek)Drilling Extends Mineralization In Discovery Zone And Acquir... |
16/02/2012 | (Schaft Creek)Locates a New Zone of Copper Mineralization 1,200M North of ... |
23/01/2012 | Announces The Issuance Of 1,272,727 Shares For Outstanding ... |
13/01/2012 | Announces Shares For Debt Agreement |
06/09/2011 | (Schaft Creek)Drilling Intersects 0.81% Copper Equivalent Over 154m at Sch... |
11/07/2011 | (Schaft Creek)Measured and Indicated Resource Estimate Exceeds 1 Billion T... |
21/06/2011 | (Schaft Creek)High Resolution Magnetic Survey at Schaft Creek Confirms Sim... |
13/04/2011 | Announces Completion of 3D Model and Award of High-Resolutio... |
13/04/2011 | ANNOUNCES COMPLETION OF 3D MODEL AND AWARD OF HIGH-RESOLUTIO... |
17/06/2010 | June 17 2010 news release |
01/06/2010 | June 1 2010 News release |
02/02/2010 | Feb 2 2010 news release |
21/01/2010 | Jan 21, 2010 |
23/10/2009 | New release attached |
22/10/2009 | announces the closing of a $2,000,000 Private Placement Unit... |
17/09/2009 | Applauds Federal Government’s Support for British Columbia N... |
17/09/2009 | Applauds Federal Government's Support for British Columbia N... |
13/07/2009 | Special Shareholders Meeting Approves a New control Person -... |
13/07/2009 | July 13, 2009 News release |
30/06/2009 | Three and Six Months Ended April 30, 2009 |
26/06/2009 | June 25, 2009 news release |
03/03/2009 | Annual Financial |
27/02/2009 | Feb 26, 2009 News release |
27/02/2009 | Lions Gate Metals Inc. and Copper Fox Metals Inc. Announce B... |
12/02/2009 | Correct News release |
12/02/2009 | Feb 11 09 News release |
12/02/2009 | provides an update of Corporate Activities |
03/02/2009 | Highway 37 Power Line Coalition Applauds Premier for Express... |
22/01/2009 | Cambridge House Invitation - Vancouver |
18/12/2008 | December 17 2008 News release |
18/12/2008 | Announces Resignation Of A Director |
30/09/2008 | Sept 30/08 |
29/09/2008 | Applauds Advancement of Northwest Power Line |
29/09/2008 | Applauds Advancement of Northwest Power Line |
26/09/2008 | Northwest Power Line Could Create Thousands of Jobs, Attract... |
17/09/2008 | Schaft not Galore says Copper Fox president |
02/09/2008 | LV Hard Assets Conference Personalized Html |
17/07/2008 | from the Ministry of Energy, Mines and Petroleum Resources r... |
26/06/2008 | June 26 2008 Options |
26/06/2008 | June 26, 2008 |
26/05/2008 | Register Today for a Discounted Rate to the New Orleans 2008... |
04/04/2008 | Applauds Advancement of Northwest Power Line Study |
31/03/2008 | $16mm offering |
15/11/2007 | announces the renewal of the engagement of Jason Shepherd fo... |
12/10/2007 | Announces is has earned a 70% Direct Interest in the World C... |
02/10/2007 | $400 million to empower B.C.'s far northwest |
08/08/2007 | Drilling to Commence at Copper Flats |
12/07/2007 | Press Release: Augusta Files Plan of Operations for Rosemont... |
03/07/2007 | 2nd Quarter Financials |
11/06/2007 | announces its request for a trading halt |
04/05/2007 | and the Tahltan Nation Development Corporation complete a "M... |
22/04/2007 | Adopts a Shareholder Rights Plan. |
27/02/2007 | Welcomes New Executive to the Team |
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