Sombrero Butte Copper Project Arizona, USA

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1 Sombrero Butte Copper Project Arizona, USA January 2017

2 Sombrero Butte Project Location COPPER CREEK DEPOSIT (7.75 Billion Lbs Cu) SAN MANUEL KALAMAZOO MINE (BHP) (10.4 Billion Lbs Cu) SOMBRERO BUTTE EXPLORATION TARGET 2 10 kilometers

3 Detailed Geology Map 3

4 Regional Geology Map LEGEND Volcanic Bedrock Tuff of Sombrero Butte Andesite porphyry lava flows Dacite lava flows Massive Andesite Laramide Bedrock Porphyritic Granite to Granodiorite Paleoproterozoic Bedrock Pinal Schist Fault A A' Chargeability Target Chargeability Target 4

5 Line 1E IP Chargeability Section LITHOLOGY Pinal Schist Volcanics Granodiorite Volcanics 5

6 Surface Exploration Target IP TARGET IP TARGET 2 kilometers 6

7 BR BR BR SB-11 SB-5 Exploration Target LITHOLOGY Granodiorite Volcanics Granodiorite Volcanics Granodiorite Surface Exploration Target PDH # ppm Cu in drill cutting PDH # ppm Cu in drill cutting SB % Cu (from m) LEGEND BR GRRD Breccia Granodiorite Line 2 IP Chargeability Section SB % Cu; 0.04% Mo; 0.09 g/t Au; 3.81 g/t Ag ( m) GRRD GRRD SB-23 7

8 Sombrero Butte Compilation 100% owned and operated by Copper Fox. PDH # ppm Cu Volcanics Granodiorite 2 kilometers Volcanics Pinal Schist IP TARGET IP TARGET PDH # ppm Cu Bunker Hill Mining District in proximity to 2 major Cu deposits (7 to 12 Blbs Cu). IP survey identified large West dipping chargeability anomaly open to expansion to the East. Historical drilling intersected copper mineralization at depth in chargeability anomaly. Targets identified; drill ready stage. 8

9 Breccia Pipes IP TARGET KNOWN BRECCIA PIPES DICKITE-BEARING BRECCIA PIPES 1 kilometer 9

10 Breccia Pipe Characteristics Three phases of breccia formation, two mineralized and one nonmineralized. i) Copper-molybdenum-gold-silver, ii) copper-silver and iii) copper with Mn- W-As-Ba geochemical association. Copper-molybdenum-gold silver mineralization correlates with positive chargeability anomaly. Several breccia pipes contain strongly mineralized Copper Creek granodiorite boulders that assayed 1.6% copper, 0.029% molybdenum and ppm gold. 10 Mineralized intervals set out below do not represent true width Pipe DDH From (m) To (m) Int. (m) Cu (%) Mo (%) Au (ppm) Ag (ppm) Magna SB tr 0.51 Campstool SB Sunset SB tr tr tr tr Audacious SB tr tr tr Magna SB tr tr

11 Sombrero Butte Project Summary Located in the Laramide Porphyry Copper Belt, Arizona. Positive Induced Polarization/Resistivity identified a 4 km long porphyry copper target in Laramide age Copper Creek Granodiorite intrusive. Breccia pipes located within positive chargeability anomalies. Multiple breccia pipes exhibit zones of copper-molybdenum-goldsilver, copper-silver and copper mineralization. Evidence for advance argillic alteration (dickite clay) in breccia pipes in center of chargeability anomaly. Two high priority drill targets identified for drilling. Stockwork Qtz-Cpy-Py veining in Potassic altered Granodiorite. Copper mineralization (up to 0.2%) located in cuttings from historical drill holes. 11

12 Contact Information Copper Fox Metals Inc. Suite 650, Ave SW Calgary, AB T2R 1L5 1 (403) (844) All statements included herein, including without limitation, statements regarding potential mineralization and exploration results, production timing and cost estimates and timing of future plans, actions, objectives and achievements of Copper Fox Metals Inc. are "forward-looking statements" as such term is used in applicable Canadian and US securities laws. These statements relate to analyses and other information that are based on forecasts of future results, estimates of amounts not yet determinable and assumptions of management at the time the statements were made. Actual results may differ materially from those currently anticipated. Investors are cautioned that such forward-looking statements involve risks and uncertainties. The forward-looking statements contained herein are expressly qualified by this cautionary statement. Elmer B. Stewart, MSc. P. Geol., President of Copper Fox, is the Company s nominated Qualified Person pursuant to Section 3.1 of National Instrument , and has reviewed and approved the technical information disclosed herein. 12

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