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: Lost confidence in management
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Feasibility Study -- Mining Plan -- Copper Fox has been advised by Tetra Tech that due to manpower shortages and scheduling difficulties of staff the March 31st timeline for completion of the Feasibility Study will not be achieved. The main difficulty being encountered lies with the completion of the Mine Plan, the most critical component in the Feasibility Study, which now appears to be six to eight weeks behind schedule. Due to the fact many important components of the Feasibility Study cannot be finalized until the mine plan is completed, a further delay will ensue. It is now expected that completion of the Feasibility study will be delayed until mid-late summer, 2012.
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