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: Re: measured and indicated
2
Mar 22, 2012 11:18AM

Could be a very interesting exercise.

''The Company has commissioned Tetra Tech WEI Inc. (formerly Wardrop) to prepare an updated resource estimate incorporating the significant new data provided by the results of the 2011 drilling campaign which extended the zones of mineralization and reported higher average grades than those currently reported for the Paramount Zone."

Considering the 2011 RE was mainly based on the Paramount (without the silver)

Now we must consider expansion of the Depth, the North, the East, the West and South

The North 415 was the best:

Diamond drill hole (DDH) CF415-2011 located 284 metres (m) north and 81m east of DDH CF409-2011, intersected 0.49% copper, 0.55g/t gold, 0.04% molybdenum and 8.79g/t silver (1.10% copper equivalent)

Mr. Stewart, President of Copper Fox stated, "DDH CF415 was drilled at the north end of the proposed open pit for essentially condemnation purposes. The results for this hole are a significant development in understanding the potential and size of the Paramount zone. The thickness of the mineralization and assays from this hole demonstrate that mineralization could extend a considerable distance to the north past this hole location. Most importantly, the results of DDH CF415 and DDH CF413 have extended the mineralization a considerable distance beyond that outlined in the current resource estimate which is being used to design the proposed open pit mine plan contemplated in the feasibility study.

Also consider the grades and the new metallurgical test work...

''the Company will initiate the preparation of an updated "Resource Estimate" to include the results of the 2011 program. The metallurgical test work results for the Paramount zone are very encouraging, showing a high percentage recovery for the various metals including silver''

And we all know the Paramount anomoly has only been drilled 50%

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