Copper Fox Metals Maintains Steady Exploration

Copper Fox Metals (TSE:CUU) has released an update.

Copper Fox Metals Inc. reported a consistent net loss of $533,545 for the second quarter of 2024, mirroring the previous year’s results. The company has been actively investing in exploration, notably advancing the Van Dyke project toward prefeasibility and obtaining permits for drilling in Arizona. The Schaft Creek project, operated by the Schaft Creek Joint Venture, is undergoing its most extensive program with a $18.7 million budget funded by Teck, aiming to move the project towards a prefeasibility study.

For further insights into TSE:CUU stock, check out TipRanks’ Stock Analysis page.