Copper Fox Metals Inc. Assembles Team to Advance Van Dyke Project in Arizona
- Copper Fox Metals Inc. assembles a dedicated team to advance the Van Dyke copper project towards a prefeasibility study.
- Collaboration with Stantec ensures a clear Execution Plan for the project's scope, timeline, and costs.
- The Van Dyke project aims to enhance local employment and promote sustainable copper production in Arizona.
Copper Fox Metals Advances Van Dyke Project with New Team Assembly
Copper Fox Metals Inc. takes a significant step forward by assembling a dedicated project team to propel its wholly owned Van Dyke in-situ copper recovery (ISCR) project in Arizona towards the prefeasibility study (PFS) stage. This strategic move follows the completion of a 2020 Mineral Resource Estimate (MRE) and Preliminary Economic Assessment (PEA), which identified the potential for substantial social and economic benefits for the Town of Miami and surrounding communities based on a copper price of US$3.15 per pound. The project aims to enhance local employment and create sustainable copper production, aligning with the growing demand for responsible and eco-friendly mining practices.
Leading the project team is Stantec, a prominent player in mining engineering, tasked with developing an Execution Plan that outlines the essential scope, timeline, and costs associated with the PFS. The plan is crucial for establishing a clear pathway forward, as emphasized by Elmer B. Stewart, President and CEO of Copper Fox. The collaboration with Stantec signifies a commitment to professional standards and innovative solutions in advancing the Van Dyke project, which is designed to leverage modern mining technologies and methodologies for effective resource extraction.
In addition to Stantec’s involvement, Samuel Engineering has initiated work on a preliminary geometallurgical model to deepen the understanding of the copper mineralogy within the deposit. This modeling effort aims to address gaps in current sample distributions, providing valuable insights that are expected to enhance future production forecasts. Copper Fox’s broader portfolio, which includes other exploration projects like Mineral Mountain and Sombrero Butte in Arizona, along with a 25% stake in the Schaft Creek Joint Venture with Teck Resources, reflects the company’s strategic focus on copper exploration and its dedication to responsible mining practices in North America.
Copper Fox Metals Inc. remains committed to advancing its projects with a strong emphasis on community impact and sustainable practices. The developments surrounding the Van Dyke project represent a pivotal moment for the company as it seeks to contribute to the growing copper supply chain while supporting local economies. The anticipated employment opportunities and community benefits underscore the project’s potential to play a crucial role in the broader mining landscape in Arizona and beyond.