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: Sell in May....

We will likely see 3 capex numbers in the feasibility:

Initial Capex - the costs to build the mine

Expansion Capex - the costs to upgrade the mine to 180,000* tpd after production has started

Sustaining Capex - the costs to keep the mine running

The main risk for us is related to the initial capex so you are correct that the expansion capex won't affect us much.

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