Agoracom: Small Cap Investment - Copper Fox Metals Inc.

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CUU own 25% Schaft Creek: proven/probable min. reserves/940.8m tonnes = 0.27% copper, 0.19 g/t gold, 0.018% moly and 1.72 g/t silver containing: 5.6b lbs copper, 5.8m ounces gold, 363.5m lbs moly and 51.7m ounces silver; (Recoverable CuEq 0.46%)

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RabidTiger

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Red Chris

posted on Nov 01, 2011 09:13AM

Our neighbours over at Red Chris have quietly announced the results from their deep drilling program. At depths of 820m they hit grades of 1.15% copper, 2.44 g/t gold, and 5.79 g/t silver (over 216.9m). This works out to a copper equivalent of around 3%.

Is it possible for similar grades to occur at Schaft Creek? Could they occur at more shallow depths? I'm not a geologist so I don't know how Red Chris compares with Schaft Creek.

Webgogs and others, what are your thoughts?

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Nov 01, 2011 10:08AM

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