Re: Copper Fox reports 2011 annual financial results and a corporate update Copper
posted on
Feb 28, 2012 03:10PM
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%)
I am not sure what you mean by this? How are we waiting on TECK to complete its thing?
My understanding is that we are on the last stage of the BFS in which a detailed mine plan needs to be completed. After that there is some sensitivity analysis which will base it on a bull and bear metals case.