September 06, 2011
http://www.copperfoxmetals.com/s/NewsReleases.asp?ReportID=477391&_Type=News-Releases&_Title=Copper-Fox-Welcomes-the-Awarding-of-the-Construction-Contract-for-the-North...
Vancouver, British Columbia -- September 6, 2011. Copper Fox Metals Inc. ("Copper Fox" or the "Company") (TSX-V: CUU) applauds the recent announcement that BC Hydro has awarded the design and construction contract for the Northwest Transmission Line (NTL) project. This decision compliments and completes the granting, by the Provincial Environmental Assessment Office on February 24, 2011, of an environmental certificate for the extension of the power grid to the so called Golden Triangle area located in North Western British Columbia.
Elmer B. Stewart President and CEO of Copper Fox stated, "We applaud BC Hydro for this announcement. The awarding of this contract is a major milestone toward delivering the necessary power for the development of the north western portion of the province, an area which hosts enormous potential for development, including mining and green energy, which would provide significant long term economic and employment benefits to the region. This announcement provides security of electrical power to move the development of projects like Schaft Creek one step closer to becoming an operating mine. The development of the Schaft Creek project would add approximately 800 full time jobs and approximately 1,600 jobs in industries supporting the operation of the Schaft Creek project."
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