Copper Fox Metals Inc. (CVE:CUU) Invites Shareholders and Investors to Visit Booth 2713 at PDAC International Convention, Toronto, Canada
Copper Fox Metals Inc. (CVE:CUU) Invites Shareholders and Investors to Visit Booth 2713 at PDAC International Convention, Toronto, Canada

Vancouver, Mar 2, 2011 AEST (ABN Newswire) - Copper Fox Metals Inc. (googlechartCVE:CUU) (googlechartPINK:CPFXF) is pleased to be an Exhibitor at the 2011 PDAC International Convention, Trade Show & Investors Exchange in Toronto, and invite convention attendees to visit us at Booth #2713.

Copper Fox is a Canadian based resource company listed on the TSX-Venture Exchange (CUU-TSX-V). Copper Fox was recently recognized by TSX Venture Exchange Inc. as a member of the distinguished TSX Venture 50(R) group where it had the distinction of being ranked first overall for 2010.

The Company is focused on completing a Feasibility Study on the Schaft Creek deposit, one of the largest undeveloped copper, gold, molybdenum and silver deposits in North America. Categorized as a "giant porphyry deposit" this project is at the advanced development stage with a Preliminary Feasibility Study ("PFS") prepared by Samuel Engineering, Inc. of Denver, Colorado, in September 2008. The results of the PFS were extremely "robust" reporting a NPV @ 8% (before tax) of $2.8 billion dollars over a 23 year mine life. They contemplated processing 100,000 tonne per day ("tpd") from an open pit mine using a standard flotation recovery process. The PFS estimated the current Mineral Resources (using a 0.2% copper equivalent cutoff) at Schaft Creek includes; Measured Resources of 463.5 million tonnes grading 0.30% copper, 0.23 g/t gold, 0.02% molybdenum and 1.55 g/t silver, Indicated Resources of 929.8 million tonnes grading 0.23% copper, 0.15 g/t gold, 0.02% molybdenum and 1.56 g/t silver.

A Feasibility Study is being led by Wardrop, A Tetra Tech (googlechartNASDAQ:TTEK) Company, on a minimum 120,000 tpd open pit mine and the study is expected to be completed by the end of June 2011.

Copper Fox holds title and a 100% working interest in a contiguous 21,025 hectares (51,954 acres) property located in north west British Columbia, Canada which includes the Schaft Creek deposit subject to certain royalty agreements, a 30% carried interest held by Liard Copper and an earn back option held by Teck Resources Limited (googlechartNYSE:TCK) (googlechartTSE:TCK.B). Copper Fox is currently earning a 78% interest in Liard Copper from Teck. Teck's earn back option to acquire 20%, 40% or 75% of the Schaft Creek project is triggered upon completion of a positive Feasibility Study. Should Teck elect to exercise its option for 75% they are required to fund subsequent property expenditures up to a total of 400% of those incurred by Copper Fox ($57.2 million as of December 31, 2010) and arrange for project financing, including the Copper Fox portion.

For full details of the option please refer to the Company's website,

For more information on PDAC International Convention, please visit:


Elmer B. Stewart
President & CEO
Tel: +1-403-264-2820
Fax: +1-403-264-2920

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