Core Viewpoint - Copper Fox Metals Inc. is advancing its 100% owned Van Dyke in-situ copper recovery project towards the Prefeasibility Study stage, highlighting the project's potential social and financial benefits for the local community and the critical demand for copper [1][2]. Project Update - The company has completed an updated Mineral Resource Estimate and Preliminary Economic Assessment in 2020, using a base case copper price of US$3.15 per pound [2]. - The PEA indicated that a US$0.25 per pound increase in copper price could increase the after-tax NPV by approximately US$90 million, showcasing the project's sensitivity to copper prices [5]. - The project has significant exploration potential to increase mineral resources, leading to the recommendation to advance to the Prefeasibility Study stage [5]. Project Team - Copper Fox has assembled a project team led by Stantec, which will handle various aspects including mineral reserve estimates, mine design, environmental studies, and overall study management [3][6]. - Other contractors involved include Samuel Engineering for metallurgical testing, Bird Resource Consulting for mineral resource estimates, and RGC Hydro Services for project consulting [3]. Execution Plan - The company is adopting a phased approach to the Prefeasibility Study, starting with the preparation of an Execution Plan that outlines the scope, timing, and estimated costs of required programs and studies [6]. - The information from the Execution Plan will assist the Board in decision-making regarding the progression to the Prefeasibility Study stage [6]. Metallurgical Modelling - Samuel Engineering has begun preparing a preliminary geometallurgical model using Cancha Geometallurgy software to better understand the variability and distribution of soluble copper mineralogy [7]. - This modelling aims to identify geometallurgical domains and gaps in the current sample distribution, which will support future drilling and updated geometallurgical models [7]. Company Overview - Copper Fox is a Tier 1 Canadian resource company focused on copper exploration and development, with principal assets including the Van Dyke project in Arizona and other copper exploration projects in Canada and the United States [9].