Copper Fox Metals Inc (TSX-V:CUU, OTCQX:CPFXF) has updated on progress at its Eaglehead polymetallic copper project in British Columbia, where fieldwork began in mid-June this year and where drilling is anticipated.
The explorer is awaiting the approval of a so-called notice of work (NoW), which will allow drilling to start. The company aims to test a 500 metre (m) long interval called the 'Gap' between the Bornite and East zones.
"We are cautiously optimistic that the approval for the NoW should be received shortly, and drilling operations can commence," said Elmer B. Stewart, the CEO of Copper Fox, in a statement.
"The identification of the "quartz eye" porphyry indicates that the porphyry deposit represented by the Bornite and East zones is more complex than initially modelled and previously un-sampled mineralized intervals suggests that the mineralized envelopes in these zones are larger than initially modelled," he added.
READ: Copper Fox Metals updates on Schaft Creek joint venture where this year's drill program has started
Among the work already completed at the property is the field portion of the archaeological survey and the 2022 mapping/prospecting program has also been finished.
Two additional tenures located by Copper Fox have also been added to the project.
"Several new copper showings were located during the 2022 mapping/prospecting program. The two new mineral tenures were acquired to cover potential infrastructure sites if the project advances to, and potentially beyond, the resource estimation stage," explained Stewart.
A water quality survey is continuing with 16 stream water samples being collected and sent for analysis. This survey is being completed to establish a background water quality data base for the project.
Copper Fox is focused on copper exploration and development in Canada and the USA. The main assets of the company and its wholly owned Canadian and United States subsidiaries are the 25% interest in the Schaft Creek joint venture with Teck on the Schaft Creek asset in northwestern British Columbia and the 100% ownership of the Van Dyke oxide copper project in Miami, Arizona.
Contact the author at giles@proactiveinvestors.com