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%)

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Message: CUU management

Teck would not be wise to jump into an agreement without ensuring an authorized, viable EA is first in-hand. If the EA is not scheduled for completion until 4th quarter and Teck wishes to proceed on a deal with CUU prior to its receipt, it would be wise for it to have a solid contingency clause that gives it an out if the EA ultimately prevents mining from proceeding.

It isn't possible for Teck to change the terms of its earn-back options to give them a contingency to get an out. After the BFS is released they have only 120 days and a one-time only option to decide how much to earn-back. They can't control the timing or change the terms.

The BC Environmental Assessment Office keeps complete records of companies undergoing an assessment. It includes all the documents filed as well as any letters submitted in support or in opposition. All the research reports are there.

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