Copper Fox Announces Communication Agreement With Tahltan Central Government on Eaglehead Project
14 September 2017 - 8:00PM
Copper Fox Metals Inc.
(“Copper Fox” or the
“Company”) (TSX-V:CUU)(OTC:CPFXF) is pleased to announce
that Carmax Mining Corp. (“Carmax”) (TSXV:CXM) has executed a
communications agreement with the Tahltan Central Government
related to the Eaglehead copper project. The communication
agreement provides for among other things; ongoing discussions,
presentations, sponsorships and employment opportunities.
Elmer B. Stewart, President and CEO of Copper
Fox stated, “Copper Fox is pleased to have played a part in
developing the relationship between the Tahltan Central Government
and Carmax. This agreement is the first step in providing for
ongoing meaningful communication between Carmax and the leadership
and members of the Tahltan First Nation with respect to current and
future activities performed by Carmax within the traditional
territory of the Tahltan First Nation”.
Copper Fox, through its wholly owned subsidiary
Northern Fox Copper Inc., owns 65.4% of the issued shares of
Carmax. Carmax is the registered owner of the Eaglehead
project.
About Copper Fox
Copper Fox is a Tier 1 Canadian resource company
listed on the TSX Venture Exchange (TSX-V:CUU) focused on copper
exploration and development in Canada and the United States. 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 a 100% ownership of the Van Dyke oxide copper
project located in Miami, Arizona. For more information on Copper
Fox’s other mineral properties and investments visit the Company’s
website at http://www.copperfoxmetals.com.
For additional information contact: Investor
line 1-844-484-2820 or Lynn Ball, at 1-403-264-2820.
On behalf of the Board of Directors
Elmer B. StewartPresident and 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: communication agreement
with the Tahltan Central Government and the possibility of further
exploration activities on the Eaglehead project. Information
concerning exploration potential also may be deemed to be
forward-looking information in that it reflects a prediction of the
mineralization that would be encountered by further successful
exploration.
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, financial and economic advice that Copper
Fox has received is reliable and is based upon practices and
methodologies which are consistent with industry standards.
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: that the
communication agreement may not be implement as intended or at all;
the possibility that future exploration on the Eaglehead 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.
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