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Copper Fox Metals Inc.

09:54 AM EST - Copper Fox Metals Inc. : reported a net loss for the third quarter of $491,000, compared to a loss of $1.31 million in the year-ago quarter. Further, the company's board has approved an $8-million budget to complete the feasibility study on the Schaft Creek copper-gold-molybdenum-silver deposit. Funding for the completion of the feasibility study is expected to come from the exercise of warrants and cash on hand. Copper Fox Metals Inc. shares V.CUU are trading up $0.005 at $0.11.