“Given the remote nature of the camp/drilling location, the need for helicopter support and the onset of winter weather conditions, regrettably, Copper Fox has opted to delay the drilling program for this year,” CEO Elmer Stewart said in a media release.
Copper Fox first acquired a 100% working interest in the Eaglehead project in April 2021, paying a total consideration of C$2 million. The company believes the property hosts porphyry-style mineralization that is representative of the Thibert fault system, in a structural setting similar to the Red Chris deposit. The property hosts an 8 km long footprint hosting six, open-ended mineralized zones.
Historical drilling resulted in a 500-metre interval between the Bornite and East zones that has never been tested by diamond drilling. The chargeability signature in this interval suggests continuity of the mineralization, which was to be tested by the 2022 exploration program. An…
