COPPER/GOLD – Copper Fox Metals Inc. Sept. 10 provided updates on the Schaft Creek joint venture with Teck Resources Ltd. and the results of the Quantec Titan-24 DCIP survey on the Eaglehead copper project competed by Carmax Mining Corp. Northern Fox Copper Inc., a wholly owned subsidiary of Copper Fox, owns 42.09 percent of the shares of Carmax. At Schaft Creek, the 2014 mapping outcrop and core re-logging program to collect information for pit slope stability as part of the ongoing optimization work was completed at the end of August. Copper Fox holds a 25 percent interest in a joint venture with Teck on the Schaft Creek copper-gold-molybdenum-silver project in northwestern British Columbia. In 2013, a feasibility study describing a 130,000-metric-ton-per-day open pit mine for Schaft Creek was completed. Schaft Creek has proven and probable reserve of 940.8 million metric tons grading 0.27 percent (5.6 billion pounds) copper, 0.19 grams per metric ton (5.8 million ounces) gold, 0,018 percent 363.5 million pounds) molybdenum and 1.72 g/t (51.7 million ounces) silver. At the Eaglehead copper project, a Quantec Titan 24 geophysical survey outlined a large chargeability anomaly consisting of two distinct chargeability signatures over a 5,600-meter-long horizontal distance. The first signature ranges from 500 to 1,000 meters wide, is open at depth below the 550-meter level and is surrounded by a broad chargeability signature covering 4,500 meters and four of the six zones of mineralization identified on the property to date. Copper Fox said the copper mineralization reported at the Eaglehead project in the historical and current drill holes in the Pass, Camp, Bornite and East zones of mineralization, either on or in proximity to the geophysical survey lines, shows a good correlation to the chargeability signature. The second signature at Eaglehead covers 1,100 meters vertical distance, is approximately 1,000 meters wide and is open at depth. This signature has not been drill tested and is open to the southeast towards the Far East zone. “Now that the summer field program at Schaft Creek has been completed, the results can be incorporated into the 2014 optimization work currently underway on the Schaft Creek Joint Venture,” explains Copper Fox President Elmer Stewart. “The geophysical work on the Eaglehead copper project has outlined a large, strong positive chargeability anomaly that exhibits an excellent correlation with the historical and current assay results over a 4.5-kilometer-long horizontal distance.”

COPPER/GOLD – Kiska Metals Corp. Sept. 8 said it has entered into a binding letter agreement with Chlormet Technologies Inc. that provides Kiska with the exclusive right to enter an option to earn a 100 percent interest in the Chuchi gold-copper property in British Columbia. The agreement grants Kiska the exclusive right to provide Chlormet with notice at any time within the next 120 days that it wishes to enter into an option agreement. To exercise the option, Kiska will be required to deliver the following payments in Kiska shares (or equivalent cash value at Kiska’s election): 200,000 shares on signing the option agreement; 200,000 shares on the first anniversary of the agreement; 250,000 shares on the fourth anniversary of the agreement; and 350,000 shares on the seventy anniversary of the agreement. Kiska will have the right to accelerate the delivery of the foregoing payments and acquire a 100 percent interest in the Chuchi project at any time, provided that any early delivery payments by Kiska must be comprised solely of Kiska share “Kiska is very pleased to seize this opportunity that provides the company with the option to acquire a 100 percent interest in a highly prospective copper-gold porphyry project in British Columbia. We believe that the project has attributes that will attract a partnership with a major mining company, and Kiska will begin assessing this in the near future. The opportunity was identified via one of the company’s strategic alliances, and further strengthens Kiska's emergence as a leading prospect generator company,” said Kiska President Grant Ewing.