Copper Fox Metals CEO Elmer B. Stewart

TL;DR

Copper Fox CEO, Elmer Steward, discusses updates on their copper projects in North America, including Shaft Creek, Van Dyke, Mineral Mountain, and Eagle Head.

Transcript

in this edition of inn ceo talks i'm joined by elmer steward of copper fox which is focused on the exploration and development of large copper projects in north america elmer welcome back it's good to be here so good to see you again great to see you i think this is your fourth maybe even your fifth appearance on the show and as always you know i'd... Read More

Key Insights

• 🌎 Copper Fox has a focus on large copper projects in North America.
• 🛀 The Shaft Creek project showed a substantial increase in value with an after-tax NPV of $842 million USD.
• 😑 The Van Dyke project is being considered for a pre-feasibility stage, with plans for hydrogeological and geological work.
• 🥶 Mineral Mountain has the potential for an exploration discovery with a large port-free copper footprint.
• 📼 Copper Fox's assets are located in tier one mining jurisdictions with potential for resource additions.
• 😮 The rising demand for copper aligns with Copper Fox's projects, presenting opportunities for growth.
• ✋ Copper Fox aims to align their high net asset value per share with a higher share price.

Questions & Answers

Q: What updates have been made to the Shaft Creek project?

Copper Fox focused on updating the resource and conducting a preliminary economic assessment. An after-tax NPV of $842 million USD was established, showing a significant increase in value compared to 2013.

Q: What is the current status of the Van Dyke project?

The updated resource estimate led to a pre-feasibility stage recommendation. The project is currently awaiting final recommendations from contractors for a 2022 program, including hydrogeological and geological work.

Q: What were the results of the high-resolution survey conducted in Mineral Mountain?

The survey identified a large port-free footprint with distinct magnet highs and anomaly correlations with mineralization. More work is being considered, and the results will be announced soon.

Q: What advancements have been made in the Eagle Head project?

Copper Fox purchased 100% of the project and is planning a drilling program to fill the gap between the Morning Zone and the Yeast Zone. Depending on the results, the project may move towards a resource statement.

Summary & Key Takeaways

• Copper Fox focused on the exploration and development of large copper projects in North America.

• They have significant projects such as Shaft Creek, Van Dyke, Mineral Mountain, and Eagle Head.

• Updates include an updated resource for Shaft Creek, a pre-feasibility stage for Van Dyke, potential exploration target in Mineral Mountain, and drilling program for Eagle Head.