Stay Ahead of the Market:
- Discover outperforming stocks and invest smarter with Top Smart Score Stocks
- Filter, analyze, and streamline your search for investment opportunities using Tipranks' Stock Screener
An update from Copper Fox Metals ( (TSE:CUU) ) is now available.
Copper Fox Metals Inc. announced the results of its 2024 geotechnical drilling program at the Schaft Creek project, managed through the Schaft Creek Joint Venture with Teck Resources. The drilling program, part of an $18.9 million project budget, aimed to collect geotechnical data and unexpectedly expanded the mineralized envelope of the Schaft Creek deposit. Significant mineralization was discovered, extending the Paramount zone’s mineralization by 250 meters to the north and confirming higher-grade copper-molybdenum mineralization near the surface. This development enhances the understanding of mineral distribution and continuity, potentially impacting future project planning and exploration strategies.
More about Copper Fox Metals
Copper Fox Metals Inc. operates in the mining industry, primarily focusing on the exploration and development of porphyry copper deposits. The company is involved in the Schaft Creek Joint Venture with Teck Resources Limited, holding a 25% interest in one of North America’s largest undeveloped porphyry copper deposits, which also contains significant gold, molybdenum, and silver by-products.
YTD Price Performance: -8.62%
Average Trading Volume: 109,467
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: C$153.3M
Learn more about CUU stock on TipRanks’ Stock Analysis page.
