Copper Fox Applauds Advancement of Northwest Power Line



    CALGARY, Sept. 26 /CNW/ - Copper Fox Metals Inc. (CUU-TSX-V, CPFXF-S/P)
applauds Premier Gordon Campbell, and the Province of British Columbia for its
announcement to immediately start the environmental assessment process and
First Nations Consultation on the Northwest Transmission Line (NTL) along
Highway 37.
    "The potential that the power line holds for the region, and projects
under development such as Schaft Creek, is tremendous," said Guillermo Salazar
S., President of Copper Fox. "This transmission line investment, which will
allow Schaft Creek to access the electrical power grid, validates the business
case made by supporters such as Copper Fox and the Mining Association of
British Columbia," said Salazar. "As we move forward in fall 2008 with the
full Feasibility Study, this development will be integral in realizing Schaft
Creek's potential."
    The province will invest the estimated $10 million to immediately restart
the environmental assessment process - the first step towards building the
Northwest Transmission Line. The new 287-Kilovolt line will extend 335 km from
Terrace.
    The development of the NTL has the potential to attract billions of
dollars of investment, create thousands of new jobs, and reduce reliance on
diesel-electric generation.

    About Copper Fox:

    Copper Fox is a Canadian-based mining company listed on the Toronto
Venture Exchange. The Company has concentrated its project activities
exclusively to the Schaft Creek mineral deposit located in northwest British
Columbia. Schaft Creek is one of the largest undeveloped copper, gold,
molybdenum and silver deposits in Canada. A Preliminary Feasibility Study of
Schaft Creek released September 15, 2008 reports a recoverable mining reserve
of 812.2 million tonnes, producing 4.762 billion pounds of Copper,
255.2 million pounds of Molybdenum, 4.5 million ounces of gold and
32.4 million ounces of silver over a 22.6 year mine life based on a
100,000 tonne per day open pit mining operation.
    Copper Fox holds the property pursuant to an option agreement with Teck
Cominco Limited and has earned a direct 70% interest in the Schaft Creek
Mineral Deposit. The Company may acquire up to a 93.4% direct and indirect
interest in the property, subject to certain back-in rights to Teck Cominco.

    
    On behalf of the Board of Directors

    Guillermo Salazar, President and CEO


    The TSX Venture Exchange has not reviewed the contents of this news
    release and accepts no responsibility for the adequacy or the accuracy
    thereof.

    Cautionary Note Regarding Forward-Looking Information
    

    This news release includes "forward-looking information" within the
meaning of the Canadian securities laws. All statements, other than statements
of historical fact, included herein and including, without limitation;
anticipated dates for receipt, commencement or completion of permits,
approvals, construction, production and other milestones; anticipated results
of drilling programs, scoping, prefeasibility and feasibility studies and
other analyses; anticipated availability and terms of future financings;
estimated timing and amounts of future expenditures; Copper Fox's future
production, operating and capital costs; operating or financial performance;
geological interpretations and potential mineral recovery processes, are
forward-looking statements. Information concerning mineral reserve and
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. Forward-looking information is
necessarily based upon a number of estimates and assumptions that, while
considered reasonable by management, are inherently subject to significant
business, economic and competitive uncertainties, risks and contingencies. For
any forward-looking information given, management has assumed that the
geological, metallurgical, engineering, financial and economic advice it has
received is reliable, and is based upon practices and methodologies which are
consistent with industry standards. There can be no assurance that such
information will prove to be accurate, and actual results and future events
could differ materially from those anticipated in such information. Important
factors that could cause actual results to differ materially from Copper Fox's
expectations include: 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 mineral deposits; uncertainty
of estimates of capital and operating costs, recovery rates, production
estimates and estimated economic return; the need for co-operation of
government agencies and native groups in the exploration and development of
properties and the issuance of required permits; 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; and other risks and uncertainties
disclosed in Copper Fox's continuous disclosure filings with Canadian
securities regulatory authorities at www.sedar.com. The forward-looking
information in this news release is based on Copper Fox's current expectations
and Copper Fox assumes no obligations to update such information to reflect
later events or developments, except as required by law.





For further information:

For further information: Investor inquiries: Jason Shepherd, Phoenix
Communications Group, Tel: 1-866-913-1910, E-mail:
investor@copperfoxmetals.com

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Copper Fox Metals Inc.

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