Copper Fox Metals Inc. (CUU:TSXV)
Copper Fox owns 25% of Schaft Creek, a PEA-stage (after-tax NPV 8% $842M and 13% IRR) copper-gold-molybdenum asset, funded by Teck (75% owner) to production.
CUU also owns 100% of the PEA-stage Van Dyke ISCR Project which boasts a highly profitable project (after-tax NPV 7.5% $645M & 43% IRR).
The Company holds a portfolio of three other copper exploration assets, all showing early signs of being legitimate projects. The Eaglehead project is at the resource stage, hosting a resource of 1.82Blbs CuEq.
CUU trades at just ~0.1x its attributable NAV vs. peers at ~0.3x.
Investment Summary
Copper Fox Metals Inc. is a North American copper exploration and development company with a portfolio of advanced-stage and early-stage porphyry copper projects in Canada and the United States. The Company’s principal assets include the Van Dyke project in Arizona and the Schaft Creek Joint Venture with Teck Resources in British Columbia. Copper Fox also holds 100% interests in the Eaglehead, Sombrero Butte, and Mineral Mountain projects, all located in established, Tier 1 copper mining jurisdictions.
Company Description
Research
Copper Fox Metals:
Initiation Report
June 10, 2025