Copper Fox Metals Inc announced further assay results from 4 diamond drill holes completed for geotechnical purposes as part of the 2011 drill program and recently completed metallurgical testwork on the Paramount zone of the Schaft Creek deposit.

Highlights are:
1. Diamond drill hole (DDH) CF419-2011 located in the Liard zone intersected 0.46% copper, 0.41 gram per tonne gold, 0.043% molybdenum and 2.15 gram per tonne silver over an interval of 110.8 meters starting at a core length of 10.2 meters;

2. DDH CF419-2011 also intersected 0.55% copper, 0.20 gram per tonne gold, 0.013% molybdenum and 1.88 gram per tonne silver over an interval of 136.7 meters starting at a core length of 121.0 meters;

3. DDH CF417-2011 intersected 0.24% copper, 0.08 gram per tonne gold and 1.27 gram per tonne silver over 21 meters interval starting a core length of 399.0 meters;

4. DDH CF423-2011 located 650 meters west of the Liard zone of the Schaft Creek deposit intersected three significant intervals of copper-silver mineralization and

5. Metallurgical testwork on composite samples of the mineralization from the Paramount zone has yielded an average recovery of 89% for copper, 64% for molybdenum, 73% for gold and 58% for silver to a bulk concentrate grading between 31% and 32% copper.

Mr Stewart president of Copper Fox said that "DDH CF419-2011 was drilled for geotechnical purposes in one of the proposed starter pits and intersected significant intervals of higher grade copper mineralization and of note, higher gold and molybdenum values closer to surface. The geotechnical holes DDH CF417-2011 and DDH CF423-2011 have intersected significant intervals of copper mineralization a considerable distance outside the current limits of the Schaft Creek deposit which suggests a considerable amount of additional drilling is required to define the outer limits of the Schaft Creek deposit.”

Mr Stewart said that “Upon receipt of the assay results from the remaining seven diamond drill holes of the 2011 program, expected shortly, the Company will initiate the preparation of an updated Resource Estimate to include the results of the 2011 program. The metallurgical test work results for the Paramount zone are very encouraging, showing a high percentage recovery for the various metals including silver."