Announcement • Apr 23
Copper Fox Metals Inc. Provides Update on Van Dyke ISCR Project and Preliminary Economic Assessment Copper Fox Metals Inc., through its wholly owned subsidiary Desert Fox Van Dyke Co., provided an update on the Van Dyke ISCR project located in the Globe-Miami Mining District, Gila County, Arizona. Preparation of the preliminary economic assessment (PEA) and development of the 3-D numerical groundwater flow model continues to advance at a steady pace. The Van Dyke copper project is recognized as a potential near term, mid-size, environmentally friendly, sustainable copper project with a 17-year mine life and a production capacity of 85 million pounds of Grade A 99.99% pure copper cathode per year located in the center of the prolific Miami-Inspiration Mining District, approximately 90 miles east of the recently commissioned Florence ISCR copper project. Locations for the underground access to the deposit, SX-EW plant and related infrastructure have been selected. An updated mineral resource estimate (MRE) to support the PEA is planned. A preliminary semi-regional 3-D groundwater flow model has been constructed; calibration of the model is in progress. Two additional hydrogeological monitoring and groundwater sampling sites are expected to come online in May 2026. The updated PEA will be prepared in accordance with the Canadian disclosure requirements of National Instrument 43-101 – Standards and Disclosures for Mineral Projects (NI 43-101) and the requirements of Form 43-101 F1. Moose Mountain Technical Services will manage preparation of the PEA supported by RGC Hydro Services LLC, Samuels Engineering, and Stantec. This PEA team has considerable direct experience with advanced stage ISCR copper projects in Arizona including the recently commissioned Florence ISCR copper mine located approximately 90 miles west of the Van Dyke project. A total of 369 samples has been collected from 29 drillholes from the lower Oxide and Transitional mineral zones within the Van Dyke deposit to fill in gaps in previously sampled intervals, close open-ended mineralized intervals and previously unsampled drillholes, including DDH M-2. The Transitional zone of the Van Dyke deposit is a mixture of acid soluble minerals (malachite, azurite, chrysocolla) and chalcocite, a secondary copper sulphide. Core sample from DDH M-2 at the core interval of 284.45m showing fracture-controlled azurite (blue) and malachite (green) copper mineralization. The 3D geological block model and construction of the preliminary groundwater flow model for the Bloody Tanks drainage basin and the Van Dyke project have been completed. The 3D geological block model focussed on regional scale structures that may affect groundwater flow within the modelled area and forms the basis for advancing the groundwater flow modelling. Populating the groundwater flow model with all available hydrogeological data and calibration of the model to reflect the recorded data is underway. Two additional hydrogeology and groundwater sampling sites to measure hydrostatic changes and sampling for water quality purposes are expected to be on-line by the end of May 2026. These sites increase the density of sample sites within the sampling grid across the project and allow for the collection of additional data to measure the variation in the hydrostatic parameters and water quality across the property. Copper Fox follows a rigorous Quality Assurance/Quality Control program. A total of 359 core samples, 18 commercial certified reference material (CRM) standards, and 9 blanks were submitted for analysis. The standards are certified for Sequential copper leach analysis. Skyline Assayers and Laboratories Inc. (Accreditation 2953.01 and Standard ISO/IEC 17025:2017) located in Tucson, Arizona will complete the sample preparation and analysis for the Van Dyke samples. Samples were prepared using preparation code SP-1 - Crush to plus 75% -10 mesh, split and pulverize with standard steel to plus 95% -150 mesh. Analytical code Cu-PKG06LI will be used for Sequential leach to determine oxide, sulfide, and residual copper fractions in the samples. Announcement • Mar 04
Copper Fox Metals Inc. announced that it has received CAD 3 million in funding On March 3, 2026, Copper Fox Metals Inc. closed the transaction. The Offering included subscriptions by four insiders of the Company totaling 2,896,000 Shares. Mr. Ernesto Echavarria, a director, insider and a control person of the Company purchased 2,769,231 Shares. New Risk • Mar 03
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Canadian stocks, typically moving 15% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 5.3% per year over the past 5 years. Revenue is less than US$1m. Minor Risk Share price has been volatile over the past 3 months (15% average weekly change). 
