Copper Fox Metals Inc.

Published : December 18th, 2008

Announces Resignation Of A Director

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Keywords :   Canada | Copper | Gold | Molybdenum | Recovery | Silver |

Wednesday, December 17, 2008
Copper Fox Announces Resignation Of A Director


Calgary, Alberta, Canada, December 17, 2008; Copper Fox Metals Inc. announces that David Mullen has tendered his resignation as a Director of the Corporation. The Management and Board of Directors of the Company wish to acknowledge and thank Mr. Mullen for his significant contribution during his tenure.


About Copper Fox

Copper Fox is a Canadian-based mining company listed on the TSX-Venture Exchange (CUU). The Company's activities are focused exclusively on the Shaft Creek mineral property, one of the largest undeveloped copper, gold, molybdenum and silver deposits in Canada. Copper Fox holds the Schaft Creek property pursuant to an option agreement with Teck Cominco Limited (Teck) and has earned a direct 70%.The Company may acquire up to a 93.4% direct and indirect interest in the property, subject to certain back-in rights to Teck.

Shaft Creek comprises 20,932 hectares situated in northwest British Columbia, Canada at 57� 21' N latitude and 130� 59' W longitude on the eastern slopes of the Coastal Mountain ranges. Shaft Creek is situated between the highway and the glaciers in the area, and benefits from a significantly lower average rain and snowfall compared to the Pacific (west) side of these same ranges.

The Company released the results of its preliminary feasibility study (PFS) on September 15, 2008. The PFS was based on a 100,000 tonnes per day open pit mine with a minable reserve of 812 million tonnes. The report indicated Shaft Creek could produce 4.762 billion pounds of copper, 255.1 million pounds of molybdenum, 4.493 million ounces of gold and 32.480 million ounces of silver over a 22.6 year mine life with a pretax Net Present Value of $2.764 billion discounted at 8%. The Company plans to proceed with the completion of a full feasibility study on this project.



For additional information contact:

Investor inquiries: Jason Shepherd, Phoenix Communications Group
Tel: 1-866-913-1910, E-mail: investor@copperfoxmetals.com

On behalf of the Board of Directors


Guillermo Salazar S, President and CEO

The TSX Venture Exchange has not reviewed the contents of this news release and accepts no responsibility for the adequacy or the accuracy thereof.

Cautionary Note Regarding Forward-Looking Information
This news release includes "forward-looking information" within the meaning of the Canadian securities laws. All statements, other than statements of historical fact, included herein and including, without limitation; anticipated dates for receipt, commencement or completion of permits, approvals, construction, production and other milestones; anticipated results of drilling programs, scoping, prefeasibility and feasibility studies and other analyses; anticipated availability and terms of future financings; estimated timing and amounts of future expenditures; Copper Fox's future production, operating and capital costs; operating or financial performance; geological interpretations and potential mineral recovery processes, are forward-looking statements. Information concerning mineral reserve and resource estimates also may be deemed to be forward-looking information in that it reflects a prediction of the mineralization that would be encountered if a mineral deposit were developed and mined. Forward-looking information is necessarily based upon a number of estimates and assumptions that, while considered reasonable by management, are inherently subject to significant business, economic and competitive uncertainties, risks and contingencies. For any forward looking information given, management has assumed that the geological, metallurgical, engineering, financial and economic advice it has received is reliable, and is based upon practices and methodologies which are consistent with industry standards. There can be no assurance that such information will prove to be accurate, and actual results and future events could differ materially from those anticipated in such information. Important factors that could cause actual results to differ materially from Copper Fox's expectations include: fluctuations in copper and other commodity prices and currency exchange rates; uncertainties relating to interpretation of drill results and the geology, continuity and grade of mineral deposits; uncertainty of estimates of capital and operating costs, recovery rates, production estimates and estimated economic return; the need for co-operation of government agencies and native groups in the exploration and development of properties and the issuance of required permits; the need to obtain additional financing to develop properties and uncertainty as to the availability and terms of future financing; the possibility of delay in exploration or development programs or in construction projects and uncertainty of meeting anticipated program milestones; uncertainty as to timely availability of permits and other governmental approvals; and other risks and uncertainties disclosed in Copper Fox's continuous disclosure filings with Canadian securities regulatory authorities at www.sedar.com. The forward-looking information in this news release is based on Copper Fox's current expectations and Copper Fox assumes no obligations to update such information to reflect later events or developments, except as required by law.

You can also view this News Release on our website at:
http://www.copperfoxmetals.com/s/NewsReleases.asp?ReportID=332283



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Copper Fox Metals Inc.

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CODE : CUU.V
ISIN : CA21749Q1046
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Copper Fox is a copper development stage company based in Canada.

Copper Fox develops copper, gold, molybdenum and silver in Canada.

Its main asset in development is SCHAFT CREEK in Canada.

Copper Fox is listed in Canada. Its market capitalisation is CA$ 130.5 millions as of today (US$ 93.5 millions, € 88.1 millions).

Its stock quote reached its highest recent level on April 21, 2011 at CA$ 2.63, and its lowest recent point on March 13, 2020 at CA$ 0.01.

Copper Fox has 427 809 984 shares outstanding.

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Annual reports of Copper Fox Metals Inc.
2007 Annual report
2006 Annual report
Financings of Copper Fox Metals Inc.
7/1/2016Announces Closing of the Second placement
4/8/2013Announces Closing of a $2,653,000 Financing
2/22/2013announces a $2,500,000 Private Placement Unit Offering, insi...
1/22/2013ANNOUNCES the Closing of a $1,500,000 Financing by an Inside...
1/16/2013Announces a $1,500,000 Private Placement Unit Offering, Insi...
1/16/2013Announces a $1,500,000 Private Placement Unit Offering, Insi...
10/24/2012ANNOUNCES the Closing of a $2,500,000 Financing by an Inside...
9/14/2012Announces the Closing of a $4,025,000 Financing by an Inside...
7/23/2012ANNOUNCES a $4,025,000 Private Placement Unit Offering, Insi...
6/18/2012Announces A $4,480,000 Private Placement Unit Offering Insid...
1/30/2012Announces The Closing Of $2,200,000 Financing By An Insider
1/19/2012Announces a $2,200,000 Private Placement Unit Offering Insid...
12/14/2011Announces the Closing of $4,000,000 Financing by an Insider
12/7/2011Announces Increase of $2,000,000 to previously announced Pri...
10/5/2011Announces the Closing of $5,000,000 Financing by an Insider
9/13/2011Announces an Additional $2,000,000 Private Placement Unit Of...
9/8/2011announces a $3,000,000 Private Placement Unit Offering. Ins...
3/31/2011ANNOUNCES THE ACCELERATION TERM TO BE APPLIED TO THE EXPIRY ...
3/17/2011CLOSING OF A $3,750,000 NON BROKERED PRIVATE PLACEMENT FLOW-...
2/17/2011Announces a $3,750,000 Non Brokered Private Placement Flow-T...
10/22/2009closing of a $2,000,000 Private Placement Unit Offering
9/28/2009$2,000,000 Private Placement
6/23/2009Provides Update on its $6,000,000 Private Placement
6/19/2009 Updates on its $6,000,000 private placement
6/2/2009announces a $6,000,000 non-brokered Private Placement of whi...
12/16/2008Announces the Withdrawal of a Private Placement Financing
11/7/2008ANNOUNCES PRIVATE PLACEMENT FINANCING
11/7/2008Announces Private Placement Financing
5/15/2008closes Non Brokered Private Placement Financing of $12,398,2...
7/17/2007to raise $10,000,000 in flow-through and non-flow-through fu...
7/17/2007Intends to offer a brokered private placement
Option Grants of Copper Fox Metals Inc.
4/30/2012Announces Incentive Stock Option Grants
3/14/2011Grant of 1,700,000 shares at $ 1,69 par share
6/26/2008grant of incentive stock options to Employees, Officers, Con...
Nominations of Copper Fox Metals Inc.
5/3/2011ANNOUNCES RESIGNATION OF CFO, APPOINTMENT OF AN INTERIM CFO
7/16/2009Announces Executive Changes and the Appointment of a Directo...
9/17/2007Announces the appointment of Shane Uren as Vice President
Financials of Copper Fox Metals Inc.
9/22/2016Announces 2016 Third Quarter Financial Results
3/31/2016Announces 2016 First Quarter Financial Results
9/29/2015Announces Third Quarter Results
9/28/2013Announces Third Quarter Results
6/24/2013Announces Second Quarter Results
9/27/2012Announces Third Quarter Results
6/18/2012Announces Second Quarter Results
4/25/2012Announces First Quarter Results
2/29/2012Reports 2011 Annual Financial Results and a Corporate Update
9/29/2011Reports 2011 Third Quarter Financial Results and a Corporate...
6/30/2011Advances Feasibility Study and Reports 2011 Second Quarter F...
3/31/2011Announces First Quarter 2011 Highlights and Financial Result...
2/16/2011Announces Fourth Quarter Highlights and 2010 Year-End Financ...
2/25/2010Announces 2009 Year-End Financial Results
3/6/20092008 Year-end Financial Results
6/4/2008Second Quarter Results Three and Six Months Ended April 30, ...
6/3/2008Second Quarter Results
3/31/2008First Quarter Financials
3/27/2008First Quarter Results Three Months Ended January 31, 2008
2/11/20082007 Year-End Financial Results
9/24/2007Announces third quarter results
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11/19/2013Sampling Locates Two Large Areas Of Porphyry Style Copper-M...
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3/25/2013(Schaft Creek)Enters Into Facilities Study Agreement with BC Hydro for Sch...
2/4/2013(Schaft Creek)Files Positive Feasibility Study on Schaft Creek Project
9/10/2012Completes Acquisition Of Sombrero Butte Copper Project And V...
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5/31/2012(Schaft Creek)Schaft Creek Resource Estimate Update
5/24/2012(Schaft Creek)Provides Update on Schaft Creek Project
5/10/2012(Schaft Creek)Announces 2012 Exploration Program And Acquires Additional M...
3/27/2012(Schaft Creek)Completes Land Acquisitions Covering Positive Magnetic Linea...
3/19/2012(Schaft Creek)s Activities on the Schaft Creek-Copper-Gold-Molybdenum-Silv...
2/3/2012(Schaft Creek)Announces Drilling Intersect of 0.96% CuEq Over 110m and Rep...
12/12/2011Drilling Expands Paramount Zone with Intersection of 1.10% C...
10/13/2011(Schaft Creek)Secures Shipping Facilities for Concentrate at Port of Stewa...
9/23/2011(Schaft Creek)Extends Mineralized Zone to the East And Completes Strategic...
9/6/2011Welcomes the Awarding of the Construction Contract for the N...
7/26/2011(Schaft Creek)Drilling Intersects 1.18% Copper Equivalent Over 161M at Sch...
5/31/2011(Schaft Creek)Commences 2011 Drilling Program, Updates Other Activities ...
5/10/2011(Schaft Creek)Welcomes the Federal Government of Canada's Approval of the ...
5/6/2011(Schaft Creek)Provides Update on 2011 Plans for Schaft Creek, Diamond Dril...
5/5/2011(Schaft Creek)FOX PROVIDES UPDATE ON 2011 PLANS FOR SCHAFT CREEK, DIAMOND ...
3/24/2011(Schaft Creek)Announces Strategic Acquisitions to Enlarge Schaft Creek Pro...
2/28/2011(Schaft Creek)Copper Fox Metals Applauds the Announcement of the Province ...
2/23/2011(Schaft Creek)DDH CF405 Tests Chargeability Anomaly And Expands Zone Of De...
2/14/2011(Schaft Creek)News Release
2/3/2011(Schaft Creek)Latest Assay Results Expands Zone of Deep, Higher Grade Mine...
6/18/2010files an amended Preliminary Feasibility Study on SEDAR
4/1/2010s Status of Feasibility Study and Reports 2010 First Quarter...
1/21/2010(Schaft Creek)Awards Feasibility Study On Schaft Creek Project
11/18/2009(Schaft Creek)Geophysical Survey Outlines "8" IP Anomalies at Schaft Creek...
9/15/2008Positive Results of Preliminary Feasibility Study on Schaft ...
9/15/2008Announces Positive Results of Preliminary Feasibility Study ...
7/14/2008(Schaft Creek)Strategic Drilling Program and Greenfield Camp Expansion Hig...
6/26/2008(Schaft Creek)2007 Drilling And Geophysical Results All Show Increased Pot...
3/20/2008(Schaft Creek)Announces Schaft Creek progress
1/14/2008(Schaft Creek)Releases Positive Preliminary Economic Assessment on its Sch...
11/27/2007(Schaft Creek)continues development of its Schaft Creek British Columbia m...
10/22/2007(Schaft Creek)'Pit Optimization Study Demonstrates 65,000-tonne per-day Op...
7/10/2007(Schaft Creek)Updates 2007 Schaft Creek Work Program
7/4/2007(Schaft Creek)Significantly Increases Resources at Schaft Creek
Corporate news of Copper Fox Metals Inc.
6/29/2016Copper Fox Announces 2016 Second Quarter Financial Results
6/10/2016Copper Fox Announces a $1,000,000 Non-Brokered Private Place...
3/31/2016Copper Fox Announces 2016 First Quarter Financial Results
3/30/2016Copper Fox Annnounces 2016 Schaft Creek Program
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12/24/2015Copper Fox Files Van Dyke Technical Report on SEDAR
12/22/2015Copper Fox Announces $1,650,000 Non-Brokered Private Placeme...
11/6/2015Copper Fox Provides Update of Activities
9/29/2015Copper Fox Announces Third Quarter Results
9/25/2015Copper Fox Extends Size of Exploration Target on Sombrero Bu...
9/8/2015Copper Fox Reports Large Chargeablity Signature on Sombrero ...
7/28/2015Copper Fox Provides Update of Activities
7/13/2015Copper Fox Commences Titan-24 DCIP Survey at Sombrero Butte ...
4/15/2015Copper Fox Announces Preliminary Results of Metallurgical Te...
4/8/2015Copper Fox Announces Commencement of Preliminary Economic As...
3/31/2015Copper Fox Annnounces First Quarter Results
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3/13/2015Copper Fox Receives $3.63 Million Cash Refund
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10/28/2014Copper Fox Announces Commencement of Resource Estimate at Va...
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9/23/2014Copper Fox Announces Third Quarter Results
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8/7/2014Copper Fox Announces Van Dyke Drill Results and Provides Cor...
7/21/2014Copper Fox Completes Van Dyke Drilling Program and Provides ...
6/18/2014Copper Fox Announces Second Quarter Results
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1/17/2013Announces Extension Of Expiry Date Of Certain Stock Options
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9/25/2012(Schaft Creek)Reports the Status of the Schaft Creek Feasibility Study and...
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2/16/2012(Schaft Creek)Locates a New Zone of Copper Mineralization 1,200M North of ...
1/23/2012Announces The Issuance Of 1,272,727 Shares For Outstanding ...
1/13/2012Announces Shares For Debt Agreement
9/6/2011(Schaft Creek)Drilling Intersects 0.81% Copper Equivalent Over 154m at Sch...
7/11/2011(Schaft Creek)Measured and Indicated Resource Estimate Exceeds 1 Billion T...
6/21/2011(Schaft Creek)High Resolution Magnetic Survey at Schaft Creek Confirms Sim...
4/13/2011Announces Completion of 3D Model and Award of High-Resolutio...
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