Copper Fox Metals

Copper Fox Commences Maiden Drilling Program at Mineral Mountain Porphyry Copper Project

October 28, 2025

Calgary, Alberta–(Newsfile Corp. - October 28, 2025) - Copper Fox Metals Inc. (TSXV: CUU) (OTCQX: CPFXF) (FSE: HPU) (“Copper Fox” or the “Company”) and its wholly owned subsidiary, Desert Fox Mineral Mountain Co. (“Desert Fox”), are pleased to announce that drilling operations have commenced on its 100% owned Mineral Mountain porphyry copper project in Arizona. The Mineral Mountain project is located on a prolific northeast trending porphyry copper belt approximately 25 kilometers (km) southwest from Rio Tinto and BHP’s giant Resolution porphyry copper-molybdenum deposit and approximately 20km northeast of the Florence porphyry copper deposit (Figure-1).

The diamond drilling program is designed to drill test at depth the large area of copper-molybdenum mineralization and alteration exposed at surface and the equally large, open ended positive chargeability body at depth. A brief description of the porphyry copper target to be tested is set out below.

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Copper Fox Congratulates Teck and Anglo American as Canadian Regulatory Approval Is Received

December 17, 2025

Calgary, Alberta–(Newsfile Corp. - December 17, 2025) - Copper Fox Metals Inc. (TSXV: CUU) (OTCQX: CPFXF) (FSE: HPU) (“Copper Fox” or the “Company”) is pleased to share that Teck Resources Limited (“Teck”) and Anglo American plc (“Anglo”) have received regulatory approval from the Government of Canada under the Investment Canada Act for the “merger of equals.”

Industry Minister Mélanie Joly has approved the $53-billion Anglo Teck mega-merger, clearing the way for the creation of one of the world’s largest copper producers following the overwhelming endorsement of both Teck’s and Anglo’s shareholders last week. The merger previously received approval under national security grounds in November, and lawmakers still needed to conclude that the deal would deliver a net economic benefit to Canada under tightened takeover rules.

Elmer B. Stewart, President and CEO of Copper Fox said: “The Government of Canada’s approval is an important step forward in the formation of Anglo Teck which will be headquartered in British Columbia, a strong mining jurisdiction in Canada. With Anglo Teck committing to investments of at least C$4.5 billion in Canada within 5 years and within those investments including advancing the development of the Schaft Creek copper project, a project which Copper Fox holds a 25% carried interest in with Teck, the Company looks forward to the potential benefits for communities, Indigenous Peoples, employees and all stakeholders.”

While the merger has secured key approvals in Canada and Australia, regulatory reviews continue elsewhere and the full approval process could take up to 18 months. Regulators in Europe, Japan, South Korea, the US, Chile and China are examining the deal over antitrust concerns, including whether too much market power would be concentrated in one company. Anglo Teck would control just under 5% of the global copper market.
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Copper Fox Provides Analytical Results from 2025 Drilling Program at Schaft Creek
January 26, 2026

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