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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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Message: News Release - Looks Great - As Expected

Great NR... http://www.copperfoxmetals.com/s/NewsReleases.asp?ReportID=490697&_Type=News-Releases&_Title=Drilling-Intersects-0.91-Copper-Equivalent-over-387M-at-Schaft-Creek ...a few thoughts...

1) none of these pending DH's were allocated specifically to Geotechnical. Most will serve dual purposes (geotechnical and exploration/deliniation) which means more mineral results vrs boring (but important) geotech. 2 birds with one drill.

2) Grades are improving - especialy at depth ( a mine below a mine)

3) Elmer is giving some hints about the confidence he has in his model (remember..."one to one"):

"The interval from 6.58m to 106.58m in DDH CF412B-2011 averaged 0.33% CuEq as expected from the morphology of the deposit."

"DDH CF411-2011 was drilled to a total depth of 745.5m....The upper 155.1m of this hole was not mineralized as expected based on the morphology of the mineralized zone. This drill hole has extended the mineralization at depth an additional 175m."

p.s. does anyone know what "RL" means in the table "2011 Diamond Drilling Summary"?


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