Supportive First Nations
in response to
by
posted on
Nov 21, 2011 12:24AM
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%)
"The now favorable mining climate in British Columbia will have positive benefits for Copper Fox. New infrastructure developments, including power-line construction in the area, could give a big boost to the economics of Schaft Creek. The supportive government and First Nations groups should ensure that the project moves forward quickly."
Source: Roulston, July 9, 2010