posted on
Dec 01, 2011 06:27PM
Welcome To the Copper Fox Metals Inc. HUB On AGORACOM
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%)
Message: Re: CIC
I believe CIC will be the interest (thru Teck) to buy an equity position in the deposit.
In saying that, beside the Liard Xstrata connection...
there is one more that may factor (doubt it) but nevertheless
Abacus Mining Ajax deposit (Kamloops), Teck has had a position in it from the beginning
KGHM (Polish) have a 51% interest in the deposit upon completion of BFS
KGHM is the 9th largest Cu producer and 3rd largest Ag producer
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