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News

May 10, 2007
Copper Fox Metals Upgrades Resources

Dear Investors,

Copper Fox recently upgraded their Schaft Creek resource to over 1 billion tonnes of measured & indicated resources at a 0.2% Copper Equivalent cutoff. These resources consist of 6.6 billion pounds Copper, 7.8 million ounces Gold, 455 million pounds Molybdenum and 55.3 million ounces Silver. There are 41 million tonnes Inferred resources consisting of 162 million pounds Copper, 0.2 million ounces Gold, 16 million pounds Molybdenum and 2.3 million ounces Silver

The Schaft Creek deposit is still open for expansion to North, East and at Depth. While 2006 drilling upgraded resources from inferred to measured and indicated, 2007's $15 million drilling program will both attempt to expand the resource and improve the deposit with higher grades.

Copper Fox is presently working on a scoping study of the deposit, revised pit optimization plans, metallurgical testing and an environmental baseline study.

To read the full press release about Schaft Creek's upgraded 43-101 resources Click Here


Please view Copper Fox's Fact Sheet for further interpretation of the release


If you have any questions please contact us as provided below.
Investor Relations
1-866-913-1910

www.copperfoxmetals.com

  





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