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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: Re: large circular feature
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Circular Feature

The Circular Feature (CF) is suggested to be the central portion of a porphyry system. It has a low chargeability core. The south side of the CF reaches the 2011 & 10 drilling as of Oct 17th. 2010 DDH 402 (Paramount) was the most northern DDH at this time. The Paramount anomaly is extended 1800m north of this same general drilling location (i.e DDH 402). Taking a measure of 1800m from the 2010 drilling takes us pretty much to the ES zone.

Mike is a separate chargeability anomaly and Mike defines the northeast edge of the CF.

Taking this info (summarized from below), I drew on a circle that seems to fit my interpretation of how the Circular Feature is described. You can see that there are two "Chargeability Lows" (#1 and #2, red markers). The description (below) says that the CF is centered on a "resistivity low" but we don't have a resistivity map to see the low. Low resistivity may not necessarily corespond to the chargeabilty lows indicated.

As you can see, this CF is quite large and is in the order (~) of the same magnitude as the whole SC deposit (Paramount, Laird, Main zones).

larger Image: http://www.flickr.com/photos/60356448@N04/6953097549/in/photostream/lightbox/

larger image: http://www.flickr.com/photos/60356448@N04/6953100549/in/photostream/lightbox/

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Larger image: http://www.flickr.com/photos/60356448@N04/6806987458/in/photostream/lightbox/

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Circular Feature Info:

Oct 17, 2011 NR: http://www.copperfoxmetals.com/s/NewsReleases.asp?ReportID=485484&_Type=News-Releases&_Title=IP-Survey-Significantly-Expands-Potential-and-Locates-Potential-New-Zone-at...

Highlights:

...

"- chargeability anomaly in the Paramount zone has been extended 1,800m to the north and is between 400m and 1,000m wide,

- The chargeability anomaly in the Mike zone has been extended 600m to the north and is between 500 and 600m wide,

-The chargeability anomalies in the Mike zone and the Paramount zone appear to define a circular feature with a zero chargeability core, suggesting the central portion of a porphyry system,..."

....."Mr. Elmer Stewart, President of Copper Fox stated that "The results of the Titan-24 survey and the 3D modeling doubles the potential strike length of the Paramount zone and has located four other chargeability targets that support the concept of an emerging porphyry district. These targets considerably upgrade the potential to locate another porphyry style copper-gold-molybdenum-silver deposit within the boundaries of the Schaft Creek project...."


...."Paramount Zone:

The survey has extended this strong chargeability anomaly (with corresponding resistivity low) a distance of 1,800m to the north of the current drilling. This chargeability anomaly in conjunction with the chargeability anomaly identified on the Mike Zone defines an interpreted circular feature that coincides with a large circular shaped resistivity low. The south side of this circular feature corresponds to the higher-grade zone of copper-gold-molybdenum-silver mineralization intersected by the drilling completed in 2010 and 2011. The northern side of this anomaly has not been tested by diamond drilling. This chargeability anomaly shows excellent correlation with the zone of argillic alteration* within the Schaft Creek Mineral Trend.

Mike Zone:

This strong chargeability anomaly [i.e. Mike Zone] appears to be a separate anomaly that defines the northeast portion of the interpreted circular feature noted above. It appears that this feature is cut by several north-south oriented faults that exhibit a good correlation with the 20km long magnetic feature defined by the airborne magnetic survey completed in early 2011. This chargeability target appears to be truncated by a strong northwest trending interpreted fault.

ES Zone:

Two moderate chargeability anomalies have been located on this zone. The centre of the chargeability anomaly (with moderate resistivity) that correlates with the mineralized zone outlined on surface exhibits a distinct low chargeability over a distance of approximately 300m, possibly due to an interpreted northwest trending fault zone. The second anomaly (with associated moderate-strong resistivity) is located to the west of the mineralized zone and is interpreted to be the extension of the chargeability anomaly defined on the Paramount zone. The chargeability signature is accompanied by a moderate to strong resistivity signature possibly due to alteration. "

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*see vetteā€™s argillic alteration example: http://s1210.photobucket.com/albums/cc409/vette3501/?action=view&current=IMG_0233.jpg#!oZZ4QQcurrentZZhttp%3A%2F%2Fs1210.photobucket.com%2Falbums%2Fcc409%2Fvette3501%2F%3Faction%3Dview%26current%3Dporphmed.gif)


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