Calgary, ALB , Nov. 14, 2017 (GLOBE NEWSWIRE) — Elmer Stewart CEO of Copper Fox Metals Inc. (“Copper Fox” or the “Company”) (TSX-V:CUU) (OTCPink:CPFXF) is interviewed on the Uptick Network Stock Day Podcast with Host Everett Jolly. Mr. Stewart discusses the price increase, the supply and demand for copper and what this means for the Company. The discussion centered around the Company’s projects, its 2017 activities and the status of the permitting process for the Van Dyke project and the specifics of the area selected for the proposed pilot leach test. Continuing the interview, Mr. Stewart also elaborated on Copper Fox’s involvement in the recent communication agreement between Carmax Mining Inc. (“Carmax”) (TSXV:CXM) and the Tahltan Central Government for the Eaglehead Porphyry Copper Project. Mr. Stewart over viewed Copper Fox’s strategy regarding the acquisition of its assets and how that strategy added significant value to the Company.
In closing Elmer Stewart “There’s definitely a new commodity investment cycle coming. I see in the next couple of years a return to a copper price, much like was seen after the financial crisis of 2008 primarily due to a rebound in forecasted world economic growth and a developing shortage in copper supply. For example, China has already said they need 232 thousand tons more copper over and above for what they would normally consume because of new infrastructure initiatives. With the increased pressure on the copper space from the electric vehicles, green initiatives and other new uses for the metal; there are not that many advanced projects ready to meet the forecasted demand, so we are coming into a new cycle I see much higher copper prices going forward.”
Listen to the full interview by clicking here or the following link: https://upticknewswire.com/featured-interview-elmer-stewart-of-copper-fox-metals-inc-otcpink-cpfxf-2
About Copper Fox
Copper Fox is a Tier 1 Canadian resource company listed on the TSX Venture Exchange (TSX-V:CUU) focused on copper exploration and development in Canada and the United States. The principal assets of Copper Fox and its wholly owned Canadian and United States subsidiaries, being Northern Fox Copper Inc. and Desert Fox Copper Inc., are the 25% interest in the Schaft Creek Joint Venture with Teck Resources Limited on the Schaft Creek copper-gold-molybdenum-silver project located in northwestern British Columbia and a 100% ownership of the Van Dyke oxide copper project located in Miami, Arizona. For more information on Copper Fox’s other mineral properties and investments visit the Company’s website at http://www.copperfoxmetals.com.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Cautionary Note Regarding Forward-Looking Information
This press release contains forward-looking statements within the meaning of the Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and forward-looking information within the meaning of the Canadian securities laws (collectively, “forward-looking information”). In connection with the forward-looking information contained in this press release, Copper Fox and its subsidiaries have made numerous assumptions regarding, among other things: the geological, financial and economic advice that Copper Fox has received is reliable and is based upon practices and methodologies which are consistent with industry standards; and the stability of economic and market conditions. While Copper Fox considers these assumptions to be reasonable, these assumptions are inherently subject to significant uncertainties and contingencies.
Additionally, there are known and unknown risk factors which could cause Copper Fox’s actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information contained herein. Known risk factors include, among others: exploration of the projects may not find copper mineralization in significant quantities or at all, or at the expected cost; the overall economy may deteriorate; uncertainty as to the availability and terms of future financing; copper prices and demand may fluctuate; currency exchange rates may fluctuate; conditions in the financial markets may deteriorate; and uncertainty as to timely availability of permits and other governmental approvals.
A more complete discussion of the risks and uncertainties facing Copper Fox is disclosed in Copper Fox’s continuous disclosure filings with Canadian securities regulatory authorities at www.sedar.com. All forward-looking information herein is qualified in its entirety by this cautionary statement, and Copper Fox disclaims any obligation to revise or update any such forward-looking information or to publicly announce the result of any revisions to any of the forward-looking information contained herein to reflect future results, events or developments, except as required by law.
Source: Uptick Newswire
CONTACT: For additional information please contact Lynn Ball at 1-844-464-2820 or 1-403-264-2820.