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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: Question

Just going over the shipping agreement again.

Copper Fox has completed a number of trade-off studies related to the transportation; storage and loading of concentrate from the proposed Schaft Creek mine project. These studies clearly show the Port of Stewart has the required capacity and is the shortest distance to a deep water seaport thereby providing the most economic location from which to export concentrate. The Port of Stewart is strategically located in an area referred to as the Golden Triangle of British Columbia. The concentrate would be transported using a road from the Schaft Creek mine to highway 37, an upgraded road that is currently being used by other mines to deliver concentrate to the Port of Stewart.

With this statement would not this be a hint that the BFS would be done? or this part of the BFS anyways?


Nov 24, 2011 01:25PM
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