CALGARY, July 11 /CNW/ - Copper Fox Metals Inc. ("Copper Fox" or the "Company") (TSX-V:CUU) will be conducting a conference call Wednesday July 11, 2007 at 4:30 PM Eastern Time (1:30 PM PST) to discuss the recently revised resource calculation and 2007 Schaft Creek Work program.
Conference Call: Wednesday July 11, 2007 at 4:30 PM Eastern Time (1:30 PM Pacific) To listen & watch this session with questions from conference call participants login to: http://www.vcall.com/IC/CEPage.asp?ID(equal sign)118671 If you would prefer to Dial-In to listen to this event please call: Local/International: 416-849-9626 North American Toll-Free: 1-866-585-6398
About Copper Fox
The Schaft Creek mineral deposit is one of the largest undeveloped copper deposits undeveloped in Canada and the company is evaluating the feasibility of developing an open pit mine with a capacity of up to 100,000 tonnes per day and a mine life of +35 years. Copper Fox holds the property pursuant to an option agreement with Teck Cominco Limited whereby Copper Fox may acquire up to a 93.4% direct and indirect interest in the property. Title to the property is in good standing with the BC Government until 2015.
Schaft Creek is located in north western British Columbia, Canada, a stable socio-political environment. This area of northwest British Columbia is often referred to as the "Gold Copper Belt" and includes deposits like Galore Creek, and Red Chris. Copper Fox is in the Environmental Assessment Process required by the British Columbia and Canadian Governments for project permitting and is in continuous consultation with the Tahltan Nation.
On behalf of the Board of Directors
Guillermo Salazar S, President & CEO
The TSX Venture Exchange has not reviewed the contents of this news
release and accepts no responsibility for the adequacy or the accuracy
This news release includes "forward-looking information" within the meaning of the Canadian securities laws. Statements, other than statements of historical fact, may constitute forward-looking information and include, without limitation: anticipated timing and content of upcoming work programs, geological interpretations, and potential mineral recovery processes; anticipated dates for receipt of permits, approvals and other milestones; anticipated results of drilling programs, scoping and feasibility studies and other analyses; future production, operating and capital costs; and operating or financial performance. 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. For any forward-looking information given, management has assumed that the assay results it has received are reliable, and has applied geological interpretation methodologies which are consistent with industry standards. Forward-looking information involves various risks and uncertainties. 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 management's expectations include: fluctuations in 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 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 the Company's other filings with Canadian securities regulatory authorities at www.sedar.com. The forward-looking information in this news release is based on management's current expectations and Copper Fox assumes no obligations to update such information to reflect later events or developments, except as required by law.