News Releases


March 23, 2007
Copper Fox Metals establishes scholarship

Calgary, March 23, 2007---Copper Fox Metals and the Tahltan Central Council, on behalf of the Tahltan Nation including the Tahltan Band and the Iskut First Nation, are pleased to announce that a $75,000 scholarship has been established to provide financial assistance for a Tahltan Nation student to attend the University of Alberta.

"This scholarship reflects Copper Fox Metals' commitment to support advanced education by providing the recipients with the opportunity to advance their ideas, to connect with others and to create new networks of possibilities. Advanced education and innovation is critical to our country's future," says Guillermo Salazar, President and CEO of Copper Fox Metals.

The Copper Fox Scholarship will be awarded to a full-time student attending the University of Alberta, pursuing fields of study leading to an undergraduate degree. Each student will receive a one-time $75,000 award disbursed over five years based on achieving prescribed performance criteria. The scholarship criteria is based on five components---academic performance, career goals, brief biography, role model qualities, and volunteer and leadership contributions.

"We are pleased this scholarship has been established to help our brightest students achieve their academic ambitions and make valuable contributions to their community," says Curtis Ratray, Chairperson of the Talhltan Central Council.

For further information on the Scholarship and the application process please visit:

Or contact:
Mr. Guillermo Salazar, President & CEO Copper Fox
Tel: (403) 264 2820

Ms. Carolyn Doody Secretary Treasurer, Tahltan Central Council
Tel: (250) 234-3331

About Copper Fox

Copper Fox is a Canadian based Junior Natural Resource mining company listed on the TSX-Venture exchange trading under the symbol (CUU). The Company is working toward the economic development of the world class copper-goldmolybdenum mineral deposit located at Schaft Creek situated in North West British Columbia, Canada. The Company holds an option agreement with Teck Cominco Limited to acquire up to a 93.4% direct and indirect interest in the Schaft Creek property.

For further information on Copper Fox please contact Jason Shepherd, Investor Relations toll free at 1-866-913-1910, Email or contact Guillermo Salazar at 403 264 2820. Please visit the Copper Fox web site at

On behalf of the Board of Directors

Guillermo Salazar S
President & CEO

The TSX Venture Exchange has not reviewed the contents of this news release and accepts no responsibility for the adequacy or the accuracy thereof.

This news release includes "forward-looking information" within the meaning of the Canadian securities laws. Statements, other than statements of historical fact, may constitute forward-looking information and include, without limitation: anticipated timing and content of upcoming work programs, geological interpretations, receipt of property titles, and potential mineral recovery processes; anticipated dates for receipt of permits, approvals and other milestones; anticipated results of drilling programs, feasibility studies and other analyses; anticipated availability and terms of future financing; future production, operating and capital costs; and operating or financial performance. 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. For any forward looking information given, management has assumed that the assay results it has received are reliable, and has applied geological interpretation methodologies which are consistent with industry standards. Forward-looking information involves various risks and uncertainties. There can be no assurance that such information will prove to be accurate, and actual results and future events could differ materially from those anticipated in such information. Important factors that could cause actual results to differ materially from management's expectations include: fluctuations in 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, production estimates and estimated economic return; the need for co-operation of government agencies in the exploration and development of properties and the issuance of required permits; 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; and other risks and uncertainties disclosed in the Company's other filings with Canadian securities regulatory authorities at The forward-looking information in this news release is based on management's current expectations and Copper Fox assumes no obligations to update such information to reflect later events or developments, except as required by law.


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