Copper Fox Announces 2026 Q3 Financial Results and Project and Corporate Updates

Calgary, Alberta--(Newsfile Corp. - September 21, 2026) - Copper Fox Metals Inc. (TSXV: CUU) (OTCQX: CPFXF) (FSE: HPU) ("Copper Fox" or the "Company") announces that its unaudited interim consolidated July 31, 2026, financial statements have been filed on SEDAR+. For the Quarter ended July 31, 2026, Copper Fox had a net loss of $956,920 (October 31, 2025 - $1,071,237) which equated to $0.00 loss per share (October 31, 2025 - $0.00 loss per share).

Highlights * Schaft Creek 2026 work program with planned expenditures of ~$9 million, bringing Teck's spend on the project to ~$123 million since inception of the SCJV. * Laramide age porphyry copper discovery at Mineral Mountain which includes a 278.97m interval of continuous copper-molybdenum mineralization. * Extended the mineralized envelope at Van Dyke; analytical results from 15 of the 18 drillholes returned intervals exceeding the TSCu cutoff of 0.025% (ASCu% + CNCu%) used in the 2020 MRE. * Results of the 2025 geotechnical, hydrogeological, environmental, and meteorological studies at Schaft Creek, continues to de-risk the project and move toward the PFS stage. * Completed a non-brokered private placement which brings a total of $5,571,600 in gross proceeds in 2026. Elmer B. Stewart, President and CEO of Copper Fox, stated, "During the Quarter, Copper Fox advanced several key work streams directed at increasing technical confidence, reducing project risk and identifying the next value-creating catalysts across the portfolio. At Van Dyke, the updated PEA is expected to provide an important decision-making framework by presenting a realistic, achievable operating plan and enabling potential pre- and post-tax economic modelling of the project. At Mineral Mountain, the 279-meter interval of continuous copper-molybdenum mineralization provides further evidence of a large porphyry copper system and supports additional work to test the interpreted higher-grade core at depth. At Schaft Creek, the SCJV continues to evaluate opportunities to improve recoveries, processing design and overall project configuration. Receipt of the five-year Multi-Year Area Based exploration permit at Eaglehead is an important milestone that provides greater planning certainty and flexibility for future programs following constructive engagement with First Nations, regulatory authorities and the Company."