Copper Fox Metals Inc.

If you look at the Airbourne Geophysical Survey, there sure is a whole lot of "pink" south of the relatively small Paramount and Liard zones. They said the Schaft Creek deposit appeared to extend 1000 meters south but they didn't show the area as a target on this map.

The news release (link and relevant text highlighted below) said:

"The airborne magnetic signature over the Schaft Creek deposit correlates well with the Quantec Titan-24 DCIP and MT survey results (see news release dated November 16, 2010) and suggests that the Schaft Creek deposit could extend for an additional 1,000 metres (m) to the south"

This south area has always been an area of curiosity for me, assuming "more pink" means more mineralization. Can anyone chime in and clarify this technical matter?

The News Release also said:

"The airborne magnetic survey has identified three distinct positive magnetic signatures that correlate with the Schaft Creek deposit and the ES and GK zones of copper mineralization,"

Does that mean there were other identified positive magnetic signatures that didn't correlate with the SC deposit, ES and GK zones? I think that this is a possibility and it is supported by a different news release referencing a new clay alteration zone found to the South-west of SC. A clay alteration zone would be a zone that does not correlate. I am very curious about this whole southern are actually.

Airborne Geophysical Survey - July 2011

See highlighted text below -- it is the only public comment they have ever made regard the south extension.

http://www.copperfoxmetals.com/s/NewsReleases.asp?ReportID=463304&_Type=News-Releases&_Title=High-Resolution-Magnetic-Survey-at-Schaft-Creek-Confirms-Similar-Signatures...

Vancouver, British Columbia - June 21, 2011. ("Copper Fox" or the "Company") (TSX-V: CUU) is pleased to provide its shareholders an interpretation of the results of the high resolution airborne magnetic survey over the Schaft Creek project and an update on diamond drilling activities at the Schaft Creek project.

Highlights:

1. Copper Fox has received from AMEC Americas Limited the tables setting out at various copper cutoff grades the tonnes and average metal grades in each resource category for the Updated Resource Estimate and Block Model. Copper Fox is currently reviewing the data with a view of releasing the results of the Updated Resource Estimate as soon as possible,


2. The airborne magnetic survey has identified a linear positive magnetic feature with a 20 kilometre (km) strike length. The Schaft Creek deposit, the recently acquired ES and GK zones of copper mineralization occur immediately adjacent to this positive magnetic feature,


3. The airborne magnetic survey has identified three distinct positive magnetic signatures that correlate with the Schaft Creek deposit and the ES and GK zones of copper mineralization,


4. The airborne magnetic signature over the Schaft Creek deposit correlates well with the Quantec Titan-24 DCIP and MT survey results (see news release dated November 16, 2010) and suggests that the Schaft Creek deposit could extend for an additional 1,000 metres (m) to the south, and


5. Diamond drill DDHCF407-2011 located in the Paramount zone has been shut down at a depth of 735m in propylitic altered volcanics. DDHCF407-2011 intersected visible copper mineralization in the core from 5.3m to a depth of 653m. The second drill has arrived on the property and is currently drilling on the Paramount zone.

Elmer B. Stewart President and CEO of Copper Fox stated "The results of the airborne survey identified a previously unknown 20km long positive magnetic feature that is associated with the Schaft Creek deposit and the ES and GK zones of copper mineralization. This feature is of considerable interest from an exploration/mineral potential for the Schaft Creek project. The survey identified three positive magnetic signatures that correlate with the Schaft Creek deposit and the zones of copper mineralization and has much better defined the limits of Schaft Creek mineral trend. The copper mineralization observed in DDHCF407-2011 has extended the mineralized zone an additional 125m to the east and a further 136m below the mineralized interval [517m] intersected in DDHCF399-2010. The drilling on the Paramount zone has the objective of expanding the limits of the mineralization of the Schaft Creek deposit by testing the large chargeability anomaly located to the east under Mount LaCasse."