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: BFS
Squishy, how about this? OK folks I promis to stop now! The point is Chinese do invest in exloration.
HONG KONG- Chinese gold and copper miner Zijin Mining Group Co Ltd said on Tuesday that it would acquire 45% of Gold Eagle Mining Investment Ltd for 1.44 billion yuan ($226.7-million). Gold Eagle owns a 100% interest in Tibet Tian Yuan Minerals Exploration Limited, the owner of the Tibet Xietongmen gold and copper project. Squishy, some more background on this one: China Zijin says to buy gold and copper project for $227m
By: Reuters
8th November 2011
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