Teck Named to the Global 100 Most Sustainable Corporations List (ccnm)

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jan. 21, 2015) - Teck Resources Limited (TSX: TCK.A and TCK.B, NYSE: TCK) ("Teck") has been recognized as one of the Global 100 Most Sustainable Corporations for the third consecutive year by media and investment research company Corporate Knights. Teck was the top-ranked mining company worldwide and the second-ranked Canadian company on this year's Global 100 list.

"This ranking is the direct result of the hard work of employees across Teck, who are committed to doing the right thing for the environment, for communities and for future generations," said Don Lindsay, President and CEO. "At Teck, we know that mining and mineral products can make a significant contribution to improving the quality of life for people around the world. Our focus is on ensuring that we develop resources in a way that is environmentally and socially responsible, and creates real benefits for society."

Launched in 2005, the Global 100 Most Sustainable Corporations employs a 100% rules based methodology. The top 100 companies are selected from all publicly traded companies with a market capitalization over USD$2 billion. Companies were evaluated based on a range of sector-specific sustainability metrics, such as water, energy and carbon productivity, and safety performance. For more information about the Global 100 Most Sustainable Corporations and the full rankings, visit: http://www.corporateknights.com/channels/leadership/2015-global-100-results/.

Teck has also been named to the Dow Jones Sustainability World Index (DJSI) for the last five years, which ranks Teck's sustainability practices in the top 10 per cent of the world's 2,500 largest public companies. In 2014, Teck was named one of the Best 50 Corporate Citizens by Corporate Knights and one of the top 50 Socially Responsible Corporations by Sustainalytics.

About Teck

Teck is a diversified resource company committed to responsible mining and mineral development with major business units focused on copper, steelmaking coal, zinc and energy. The pursuit of sustainability guides Teck's approach to business. Teck is building partnerships and capacity to confront sustainability challenges within the regions in which it operates and at the global level. Headquartered in Vancouver, Canada, its shares are listed on the Toronto Stock Exchange under the symbols TCK.A and TCK.B and the New York Stock Exchange under the symbol TCK. Learn more about Teck at www.teck.com or follow @TeckResources.

FOR FURTHER INFORMATION PLEASE CONTACT:

Contact Information:

Investor Contact:

Greg Waller

Vice President, Investor Relations & Strategic Analysis

Tel. 604.699.4014

greg.waller@teck.com

DC14

"Ms. McVicar....has served as Chair of the Audit Committee of BC Hydro Corporation."

Teck Announces Board Appointments (ccnm)

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Nov. 20, 2014) - Teck Resources Limited (TSX: TCK.A and TCK.B, NYSE:TCK) ("Teck") announced today that its Board of Directors has appointed Laura Dottori-Attanasio and Tracey McVicar to the Board, effective immediately.

Ms. Dottori-Attanasio is Senior Executive Vice-President and Chief Risk Officer, Canadian Imperial Bank of Commerce. She has over 20 years of increasingly senior and high profile leadership experience in the finance sector, with significant exposure to the mining industry.

Ms. McVicar is a Managing Partner of CAI Capital Management, a private equity firm based in New York and Vancouver. She has worked in the financial services industry for over 20 years, and among other board roles, has served as Chair of the Audit Committee of BC Hydro Corporation.

Chairman of the Board of Teck, Dr. Norman B. Keevil, said: "Ms. Dottori-Attanasio and Ms. McVicar bring valuable skills to the Board and we are looking forward to their contribution."

DC14

Teck Reports Unaudited Second Quarter Results for 2014 .....

Excerpt...

Other Copper Projects

At Relincho, work continued in the quarter on optimization studies that are focused on capital and operating reductions and other value enhancing initiatives.

Focused engineering studies also continued in the quarter for our Galore Creek, Schaft Creek and Mesaba projects as we further explore ways to enhance the value of these projects.

A $30 million pre-feasibility program at our 50% owned Zafranal copper-gold project located in Southern Peru was approved. The study is expected to be completed over the next 18 months. Our share of expenditures will be $15 million.

DC14

http://www.zerohedge.com/news/2014-06-19/china%E2%80%99s-largest-gold-company-seeks-become-kingmaker-gold-market

China National Gold Group Corporation or China Gold, China’s largest gold conglomerate with primary interests in mining and also refining, is on the hunt for global acquisitions and partnerships, the company's president said yesterday.

The state owned Chinese gold miner and producer and retailer of custom-designed gold and silver bars, which was founded in 2003, appears to have designs on becoming a kingmaker in the global gold industry.

China is the world's biggest producer, importer and buyer of gold, giving the country increasing sway over prices, output and the global gold market in general. The country's official gold consumption increased to 1,176 metric tons last year while its production was 428 metric tons. This is encouraging overseas acquisitions.

China Gold’s President Dr. Xin Song said he believes that long term demand for gold in China will remain strong as a younger generation buys gold online, even if demand falls slightly this quarter from the first.

Acquisitions by China Gold would revive a mostly moribund market for gold mergers and acquisitions. This has been seen in both the mining and investment segments of the gold market. Indeed, the German refinery and bullion wholesaler Degussa’s acquisition of small UK bullion retailer, Sharps Pixley, in November 2013 was one of the only deals seen in the investment sector in recent years.

Mr. Song said that his company is searching for opportunities in the gold and silver markets. "The growing strategy is very clear: We are going out looking at things globally," he said through an interpreter. "We have a few opportunities, at different stages."He said the company's current preference is for assets in countries near China, such as Mongolia, Russia and in Central Asia. It also is looking for acquisitions in developed countries such as Canada, Australia and the U.S.

A third option is in developing countries, including in Africa and South America. "The political situation has to be stable," he said......

"It is noteworthy that the characteristics of the mineralization located to date are interpreted to represent the upper portion of a porphyry system." - Elmer

Copper Fox to Fund Exploration on Eaglehead Copper-Molybdenum-Gold-Silver Property in Northern British Columbia (ccnm)

VANCOUVER, BRITISH COLUMBIA--(Marketwired - April 10, 2014) -

THIS NEWS RELEASE IS NOT FOR DISTRIBUTION IN THE UNITED STATES OR OVER UNITED STATES NEWSWIRES .

Copper Fox Metals Inc. ("Copper Fox" or the "Company") (TSX VENTURE:CUU) is pleased to announce that it has, through its wholly owned subsidiary Desert Fox Copper Inc. ("Desert Fox"), entered into a Subscription Agreement with Carmax Mining Corp. ("Carmax") (TSX VENTURE:CMX), whereby Desert Fox will subscribe, via a non-brokered private placement, for 20,000,000 units of Carmax for an aggregate subscription price of $1,000,000. Units (each a "Unit") will be subscribed for at a price of $0.05 per Unit and will consist of one previously unissued common share ("Share") of Carmax and one common share purchase warrant ("Warrant"). The private placement is subject to the approval of the TSX Venture Exchange and Carmax Shareholders. The private placement will close as soon as practicable after such approvals are obtained, provided that they are obtained on or before May 29, 2014.

In connection with the private placement, Carmax will grant Desert Fox certain rights, including, but not limited to:

• The right to nominate two members to the Board of Carmax at each annual meeting of Carmax's shareholders;

• The pre-emptive right to participate in any equity financing of Carmax, so as to maintain its pro rata percentage shareholding in Carmax; and

• The right to make top-up investments in Carmax, by way of future private placements, so as to maintain its pro rata percentage shareholding in Carmax.

The aforementioned rights are, however, subject to Desert Fox, Copper Fox and their affiliates maintaining ownership of 20% of Carmax's issued and outstanding common shares.

Each Warrant will be exercisable for a period of 24 months from the closing date of the applicable private placement and will entitle the holder, on exercise, to purchase one additional common share of Carmax at a price of $0.075 per share.

Under the subscription agreement with Desert Fox, Carmax has agreed to use the proceeds of the private placement to carry out a field program on the Eaglehead property this upcoming summer.

On June 29 2012, Carmax filed a National Instrument 43-101 - Standards for Disclosure for Mineral Projects ("NI 43-101") technical report on SEDAR at www.sedar.com entitled "Technical Report on the Eaglehead Cu-Mo-Au Project, British Columbia, Canada", which was prepared by Roscoe Postle Associates Inc. ("RPA") and dated June 29, 2012 (the "Eaglehead Technical Report"). The Qualified Persons (as defined under NI 43-101) who prepared the Eaglehead Technical Report were Barry McDonough, P.Geo., and David W. Rennie P.Eng. The results of the Eaglehead Technical Report were reported by Carmax in a news release dated July 4, 2012 and entitled "Carmax files Technical Report for the Eaglehead Pophyry Copper-Molybdenum Project on SEDAR" (the "News Release"), a copy of which is available on SEDAR at www.sedar.com. Highlights of the Eaglehead property and rationale for the investment in Carmax are as follows:

Highlights:

1. The Eaglehead property has a current Inferred Mineral Resource of 102.5 million tonnes at an average grade of 0.29% copper, 0.010% molybdenum and 0.08g/t gold (containing 663 million pounds copper, 22.07 million pounds molybdenum and 265,600 ounces gold within conceptual open pit limits);

1. The mineralization on the Eaglehead property contains silver; the content of which was not included in the resource estimate due to the assay methodology;

1. The Inferred Mineral Resource is contained in two of the six zones of mineralization identified to date on the Eaglehead property, all zones of mineralization are open along strike and at depth;

1. The mineralization is characterized by strong, pervasive alteration, quartz veining and consists of disseminated and veinlet chalcopyrite-bornite-molybdenite and pyrite;

1. Alteration associated with the mineralization consists of pervasive potassic, chlorite-sericite, sericite, propylitic alteration and carbonate assemblages;

1. A number of the diamond drill holes intersected intervals of high-grade copper mineralization with associated molybdenum-gold-silver mineralization over significant intervals (see Table-3 below); and

1. The Eaglehead Technical Report, a copy of which is available on SEDAR at www.sedar.com, provides detailed information about the Eaglehead property.

Elmer B. Stewart, President and CEO of Copper Fox stated, "The investment in Carmax provides Desert Fox exposure to a large, advanced copper-molybdenum-gold-silver property in northern British Columbia. The number of zones of mineralization located to date along with the copper-gold-molybdenum-silver assemblage, host rock and alteration (including carbonate alteration) suggests many similarities to the Schaft Creek copper-gold-molybdenum-silver project also located in northern British Columbia. The objectives of the 2014 exploration program consisting of geophysical exploration and diamond drilling is to further define the extensions of the known mineralized zones and to assess the potential of the un-explored portions of the Eaglehead property. It is noteworthy that the characteristics of the mineralization located to date are interpreted to represent the upper portion of a porphyry system."

Rationale for Investment in Carmax:

1. Resource Estimate

The current mineral resource was estimated for two of the six zones of mineralization located to date on the property using criteria consistent with the CIM Definitions Standards for Mineral Resources and Mineral Reserves (2010) and in conformity with CIM "Estimation of Mineral Resources and Mineral Reserves Best Practice" (2003) guidelines. The numbers presented in the following table have been rounded to reflect "Best Practice Principals" as established by the CIM. The estimated current mineral resource used a 0.16% Cu Eq. cut-off grade and are categorized and tabulated in Table-1.

Table-1: Mineral Resource Estimate - Eaglehead Project

Effective Date: May 14th, 2012

Contained Metal

Zone

Name
Resource

Category
Tonnes
Copper

(%)
Molybdenum

(%)
Gold

(g/t)
Cu (Lbs)
Molybdenum

(Lbs)
Gold

(ozs)

East
Inferred
61,600,000
0.28
0.011
0.06
376,000,000
14,900,000
126,000

Bornite
Inferred
40,900,000
0.32
0.008
0.11
287,000,000
7,170,000
139,600

Total
Inferred
102,500,000
0.29
0.010
0.08
663,000,000
22,070,000
265,600

The current mineral resources are contained within two conceptual open pits, the East and Bornite zones, and constitute approximately 69% of total mineralization above the 0.16% CuEq grade cut-off.

Cautionary Note to Investors

While the term "inferred mineral resource" is recognized and required by NI 43-101, investors are cautioned that except for that portion of mineral resources classified as mineral reserves, mineral resources do not have demonstrated economic viability. Additionally, investors are cautioned that inferred mineral resources have a high degree of uncertainty as to their existence, as to whether they can be economically or legally mined, or will ever be upgraded to a higher category. United States investors are advised that current Mineral Resources are not current Mineral Reserves and do not have demonstrated economic viability. Moreover, all mineral resource estimates and other information about the Eaglehead property contained in this news release have been derived from, and are qualified in their entirety by, the Eaglehead Technical Report and the News Release, a copies of which are available on SEDAR at www.sedar.com.

The mineral resource estimate was carried out using a block model constrained by 3D wireframe models of the principal mineralized domains. Grades for copper, molybdenum, and gold were interpolated into the blocks using Inverse Distance to the Third Power (ID3) weighting. The estimate was further constrained by a Whittle pit shell, generated to demonstrate that the mineralized bodies have a reasonable probability of economic extraction, as stipulated in NI 43-101 and the CIM Definitions Standards for Mineral Resources and Mineral Reserves (2010). The effective date of the estimate is May 14, 2012.

The 0.16% Cu Eq. cut-off was the minimum grade of copper equivalent estimated by RPA to complete the Whittle pit shells for the mineralized zones using the parameters set out in Table-2 below:

The following Table-2 sets out the parameters that were used by RPA to develop the Whittle Pit shells for the two mineralized zones:

Table-2: Parameters used for Whittle Pit Shell Determination and Copper Equivalent Grade

Metal Prices: Copper US$4.00 /lb; Molybdenum US$17.00 /lb; Gold US$1,500.00 /oz;

Costs: Mining US$2.00 /tonne; Processing/G&A US$10.00 /tonne

Pit Slopes: 45 degrees in bedrock; 30 degrees in Overburden

Metal Recoveries: Copper 80%; Molybdenum 80%; Gold 67%;

Some of the selected drill hole assays from the Eaglehead property are set out in Table-3, below:

Table-3: Selected mineralized intervals from the Eaglehead Property:

DDH ID
Azimuth
Dip
From

(m)
To

(m)
Interval

(m)
Copper

(%)
Molybdenum

(%)
Gold

(g/t)
Silver

(g/t)

DDH0099A
358.2
-63.9
167.0
243.0
76.0
0.34
0.004
0.024
1.57

Including

182.0
203.0
21.0
0.99
0.010
0.063
4.85

DDH0100
3.5
-49.9
21.0
519.0
498.0
0.21
0.006
0.031
16.65

Including

232.0
315.0
83.0
0.37
0.007
0.038
1.92

Including

269.0
304.0
35.0
0.57
0.015
0.078
2.72

DDH0111
359.4
-46.9
26.0
137.0
111.0
0.53
0.003
0.088
2.97

Including

63.0
98.0
35.0
1.27
0.003
0.161
6.62

DDH0112
2.2
-64.4
70.0
171.0
101.0
0.40
0.007
0.210
3.82

Including

71.0
92.0
21.0
0.72
0.009
0.602
6.45

Including

126.0
140.0
14.0
1.02
0.017
0.297
12.65

DDH0114
5.2
-61.8
130.0
295.0
165.0
0.53
0.028
0.278
2.28

Including

195.0
248.0
53.0
0.83
0.037
0.394
2.05

DDH0116
4.5
-54
135.0
318.4
183.4
0.32
0.013
0.231
1.12

Including

140.0
251.0
111.0
0.47
0.020
0.355
1.54

Including

188.0
215.0
27.0
0.61
0.018
1.194
2.73

Note: The above core intervals do not represent true widths to the mineralization

2. Logistics and Access

The Eaglehead property is located approximately 50 km east of Dease Lake, British Columbia. The property is connected to Dease Lake by road access and comprises 31 mineral claims covering a total area of approximately 11,410 hectares (ha) in the Liard Mining Division of British Columbia.

3. Style of Mineralization

The mineralization on the Eaglehead property is typical of porphyry Cu-Mo systems within intermediate volcanic and granodioritic and monzonitic rocks. Mineralization is contained in altered rocks, which are localized by geological structures that exhibit quartz stockworks, hydrothermal brecciation and disseminated and veinlet chalcopyrite-bornite and other sulphide minerals.

Elmer B. Stewart, MSc. P. Geol., President of Copper Fox, is the Company's nominated Qualified Person pursuant to NI 43-101, Standards for Disclosure for Mineral Projects, has reviewed the technical information disclosed in this news release.

About Copper Fox

Copper Fox is a Canadian resource development company listed on the TSX-Venture Exchange (TSX VENTURE:CUU) with offices in Calgary, Alberta and Miami, Arizona. In addition to Copper Fox's 25% interest in the Schaft Creek Joint Venture, Copper Fox holds, through Desert Fox and its wholly-owned subsidiaries, the Sombrero Butte copper project in the Bunker Hill Mining District, Arizona and the Van Dyke oxide copper project in the Globe-Miami Mining District, Arizona. Desert Fox has opened an operations office in Miami, Arizona to advance the work required on the Van Dyke copper project to a Preliminary Economic Assessment. For further information on these projects, please refer to the Company's website at www.copperfoxmetals.com.

On behalf of the Board of Directors

Elmer B. Stewart, President and Chief Executive Officer

All mineral resource estimates and other information about the Eaglehead property contained in this news release have been derived from, and are qualified in their entirety by, the Eaglehead Technical Report and the News Release, copies of which are available on SEDAR at www.sedar.com .

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.

This news release does not constitute an offer to sell or a solicitation of an offer to sell any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

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, but is not limited to, the investment to be made by Desert Fox in Carmax by way of a non-brokered private placement of Units; the size of the investment to be made in Carmax by Desert Fox; the proposed issuance and terms of the Units, Warrants and Shares to be issued by Carmax to Desert Fox by way of a non-brokered private placement; the grant to Desert Fox of certain nomination and anti-dilution rights in connection with its investment in Carmax and the conditionality of such rights; the use of the proceeds of the private placement to fund exploration on the Eaglehead property; statements about the resource estimate for the Eaglehead property deposit; potential existence and size of mineralization within the Eaglehead property; estimated timing and amounts of future expenditures and geological interpretations and potential mineral recovery processes. Information concerning mineral resource estimates also may be deemed to be forward-looking information in that it reflects a prediction of the mineralization that would be encountered if a mineral deposit were developed and mined.

In connection with the forward-looking information contained in this news release, Copper Fox has made numerous assumptions, regarding, among other things: the geological, metallurgical, and engineering, information 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 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: approval of the TSX Venture Exchange and/or Carmax shareholders may not be obtained for the private placement to Desert Fox; investments in Carmax may not be paid in the quantum or at the times expected, or at all; the actual mineralization in the Eaglehead property deposit may not be as favorable as suggested by the resource estimate; the possibility that future drilling and geophysical exploration on the Eaglehead property may not occur on a timely basis, or at all; fluctuations in copper and other commodity prices and currency exchange rates; uncertainties relating to interpretation of drill results and the geology, continuity and grade of the mineral deposit; uncertainty of 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; and 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 FURTHER INFORMATION PLEASE CONTACT:

Contact Information:

Copper Fox Metals Inc.

Investor line

1-866-913-1910





Copper Fox Metals Inc.

Lynn Ball

1-604-689-5080

www.copperfoxmetals.com

Just a quibble though in Mike's logic....

If Teck were not interested why would the "right of first offer" be so important? What he appears to be saying is that Teck doesn't look interested enough to pay our ask.

Another thing, if Teck were not that interested it would be better for them to get a paying partner immediately rather than delay.

If Teck weren't interested they should be dressing this up very fancy sooner rather than later, and they should help us promote the project not keep it hidden.

-Prospekt

Your first comment is spot on. It tells me Ernesto is not giving this away based on a temporary market cycle hurt further by a contraction in liquidity that has damaged the commodities industry. The mountain is still there. He is playing hardball and I respect that.

"Right of First Offer" vs "Right of First Refusal" is my take on his Mike's logic. The latter allows Teck to wait until a deal is in place and step into the Purchaser's shoes. The former is a one time take it or leave it opportunity that plays into CUU's hand once the time is right. It doesn't allow Teck to play games, while lurking in the weeds.

Further, his logic does make sense if the Purchaser is CIC, or a company contolled by CIC. Reason being, CIC owns ~17% of Teck. If Teck were to take out CUU, CIC gets a free ride for 17%. If Teck feels 75% is plenty, CIC would be the logical purchaser after the ROFO is waived. Teck keeps their 75% and CIC, or subsidiary, takes an additional stake in the project. I suspect they both want to underpay for the property but CIC will have a greater need for it....and maybe make some use of those USD cash reserves sitting around.

Felix P. Chee, Head of CIC remains on Teck's Board. You don't necessarily want to bite the hand that feeds you...so to speak. To put it another way. If you owned 75% of a public entity with your brother and he wanted the other 25% would you dress it up before he secured it?

DC14