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Copper Fox Completes Land Acquisitions at Schaft Creek & Sombrero Butte Projects & Announces Incentive Stock Option Grants

Copper Fox Completes Land Acquisitions at Schaft Creek & Sombrero Butte 
Projects & Announces Incentive Stock Option Grants 
VANCOUVER, Feb. 7, 2013 /CNW/ - Mr. Elmer Stewart, President and CEO of Copper 
Fox Metals Inc. ("Copper Fox" or the "Company") (TSX-V: CUU) announced the 
acquisition of two groups of mineral tenures. One group is located inside the 
Schaft Creek copper-gold-molybdenum-silver project located in northern British 
Columbia. The second group is contiguous to and increases the size of the 
Sombrero Butte copper project located in Pinal County, Arizona. Mr. Stewart 
stated "the purpose for the acquisition of these mineral claims at Schaft 
Creek is to provide additional coverage of the interpreted extension of the 
Schaft Creek mineral trend and infrastructure purposes. The additional 
mineral claims for the Sombrero Butte project expand the Company's acreage 
around the mineralized diamond drill holes completed in 2008 and mineralized 
breccia systems located within the property located in this historical mining 
district which is currently experiencing a substantial increase in the level 
of exploration activity". 
Highlights:
a) Schaft Creek claims - 487.99 hectares (4 mineral tenures) located within 
the Schaft Creek project. These mineral tenures cover the western side of the 
projected Schaft Creek Mineral Trend. These mineral tenures are subject to 
the Option Agreement with Teck Resources Limited ("Teck"), and;
b) Sombrero Butte Claims - 183.94 hectares (22 mineral tenures) along the 
western side of the Sombrero Butte project to cover the projected extension of 
previously known copper mineralized breccia pipes located within the project. 
Rationale for the Mineral Tenure Acquisitions:
To view the location of the interpreted Schaft Creek Mineral Trend, visit the 
Copper Fox website at www.copperfoxmetals.com. 
The mineral tenures located within the Schaft Creek project are located along 
the western side of the projected Schaft Creek Mineral Trend where exploration 
in 2012 has confirmed the mineralized nature of the large chargeability 
signature referred to as the Discovery Zone. These mineral tenures may also 
be important in the location of infrastructure required to develop the Schaft 
Creek project as contemplated in the recently completed Feasibility Study. 
Redhawk Resources Copper Creek project ties onto Copper Fox's Sombrero Butte 
project to the north. The recent announcements by Redhawk Resources related 
to land acquisitions, current mineral resources and diamond drilling results 
suggest that the area encompassing these projects could host large 
copper-molybdenum deposits similar to the previously mined the San Miguel - 
Kalamazoo copper deposit which is reported to have produced approximately 14.2 
billion pounds of copper as well as substantial quantities of 
molybdenum-gold-silver. 
Schaft Creek Acquisition:
The two mineral tenures (consisting of 2 mineral tenures totaling 487.99 
hectares) are located within the Company's Schaft Creek project. Consideration 
paid by Copper Fox was $12,000 cash and a 2% net smelter return (NSR) royalty 
on the mineral claims subject to a "Partial NSR Buyout Option". The Partial 
NSR Buyout Option allows Copper Fox at any time to purchase half of the NSR 
for a cash payment of $1.0 million such that the NSR is reduced from 2% to 1%. 
Sombrero Butte Acquisition:
The 22 Bureau of Land Management ("BLM") lode mineral claims were located by 
Copper Fox to cover the southern and western extension of mineralized breccia 
pipes located within this historical mining district. A limited field program 
is underway to complete a preliminary assessment of these lode claims 
consisting of mapping and sampling utilizing a NITON instrument to measure 
metal concentrations in outcrop. 
Elmer B. Stewart, MSc. P. Geol., President of Copper Fox, is the Corporation's 
nominated Qualified Person pursuant to National Instrument 43-101, Standards 
for Disclosure for Mineral Projects, has reviewed the technical information 
disclosed in this news release. 
Copper Fox is pleased to announce that the Board of Directors of the Company 
has approved an incentive stock option grant to directors, officers and a 
consultant of the Company for the purchase of 585,000 shares of Copper Fox at 
an exercise price of $0.94 per share, and expiring on January 23, 2014. 
Vesting of the options granted to directors and officers are in equal tranches 
at three, six and nine months from the date of grant. In accordance with TSX 
Venture Exchange policies, vesting of the options granted to the Company's 
consultant are in four equal tranches over 12 months. 
About Copper Fox 
Copper Fox is a Canadian-based resource development company listed on the TSX 
Venture Exchange (TSX-V: CUU) with a corporate office in Calgary, AB and an 
operations office in Vancouver, BC. Its major asset is the Schaft Creek 
copper, gold, molybdenum and silver deposit located in northwestern British 
Columbia, Canada for which a positive Feasibility Study was recently completed 
and filed on www.sedar.com. 
Copper Fox holds title and a 100% working interest in the Schaft Creek project 
consisting of 55,779.56 hectares (137,834 acres). Included in this total are 
the "Schedule A" mineral tenures originally conveyed to Copper Fox pursuant to 
the Teck Option Agreement, which consist of 8,334.34 hectares (20,594 acres). 
The "Schedule A" mineral tenures are subject to a 3.5% Net Profits Interest 
held by Royal Gold, Inc., a 30% carried Net Proceeds Interest held by Liard 
and, together with the additional mineral tenures obtained by Copper Fox 
within the "Area of Interest" provided for in the Teck Option Agreement, an 
earn back option held by Teck. On completion of the Feasibility Study, Copper 
Fox earns Teck's 78% interest in Liard. Teck's earn back option to acquire 
either, 20%, 40% or 75%, of Copper Fox's interest in the Schaft Creek Project 
is triggered upon delivery of a "Positive Bankable Feasibility Study" (as 
defined) to Teck after which they have 120 days to make a decision. Should 
Teck elect to exercise its option for 75%, Teck is required to fund subsequent 
property expenditures up to a total of 400% of those incurred by Copper Fox 
($85.34 million to December 31, 2012) and use its best efforts to arrange for 
project financing, including the Copper Fox portion. For full details of the 
Teck earn back option please refer to the Company's website 
www.copperfoxmetals.com. 
The remainder of Copper Fox's registered interests in mineral tenures in 
British Columbia total 47,445.22 hectares (117,240 acres). These interests 
have been acquired by Copper Fox through mineral tenure acquisitions and 
mineral tenure purchase agreements subsequent to Copper Fox entering into the 
Teck Option Agreement. Certain portions of these registered mineral tenures 
are subject to inclusion within the Schaft Creek Project pursuant to the terms 
of the "Area of Interest" provision of the Teck Option Agreement. 
Additionally the Company holds, through wholly-owned subsidiaries, mineral 
tenures located in Pinal County, Arizona (the 'Sombrero Butte Copper Project') 
and in Miami, Arizona (the 'Van Dyke BLM Claims'). For further information on 
these mining projects please refer to the Company's web site at 
www.copperfoxmetals.com . 
On behalf of the Board of Directors 
Elmer B. Stewart
President and Chief Executive Officer 
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 news release contains "forward-looking information" within the meaning of 
the Canadian securities laws. Forward-looking information is generally 
identifiable by use of the words "believes," "may," "plans," "will," 
"anticipates," "intends," "budgets", "could", "estimates", "expects", 
"forecasts", "projects" and similar expressions, and the negative of such 
expressions. Forward-looking information in this news release includes 
statements about statements about the vesting and expiration of options 
granted; potential existence and size of mineralization within the Schaft 
Creek project; estimated timing and amounts of future expenditures and 
"earn-back" options; geological interpretations and potential mineral recovery 
processes. 
In connection with the forward-looking information contained in this news 
release, Copper Fox has made numerous assumptions, regarding, among other 
things: the potential mineralization in the Schaft Creek deposit; the 
geological, metallurgical, engineering, financial and economic advice that 
Copper Fox has received is reliable, and is based upon practices and 
methodologies which are consistent with industry standards. 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: the options may, in accordance with the terms of Copper Fox's 
option plan or applicable laws, not vest or expire as disclosed herein; the 
actual mineralization in the Schaft Creek deposit may not be as favourable as 
suggested; another deposit may never be discovered on Copper Fox's property, 
or contain anticipated mineralization, or mineralization of any significance 
at all; a detailed mine plan may not be completed in a timely manner, or at 
all; the possibility that future drilling on the Schaft Creek project may not 
occur on a timely basis, or at all; fluctuations in copper, the completed 
drill holes for which analytical results are not available may not return 
significant concentrations of either copper, gold, molybdenum or silver; 
commodity prices and currency exchange rates; conditions in the financial 
markets and overall economy may continue to deteriorate; uncertainties 
relating to interpretation of drill results and the geology, continuity and 
grade of mineral deposits; uncertainty of the metallurgical testwork, the 
uncertainty of the estimates of capital and operating costs, recovery rates, 
and estimated economic return; the need to obtain additional financing to 
develop properties and uncertainty as to the availability and terms of future 
financing; the possibility of delay in exploration or development programs or 
in construction projects and uncertainty of meeting anticipated program 
milestones; 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. 
For additional information contact: Investor line 1-866-913-1910 or J.  
Michael Smith, EVP, at 1-604-689-5080. 
SOURCE: Copper Fox Metals Inc. 
To view this news release in HTML formatting, please use the following URL: 
http://www.newswire.ca/en/releases/archive/February2013/07/c3757.html 
CO: Copper Fox Metals Inc.
ST: British Columbia
NI: MNG MNA  
-0- Feb/07/2013 11:00 GMT
 
 
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