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: Root zone...
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Apr 24, 2012 02:32PM
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Apr 24, 2012 04:25PM

I was thinking about those property maps that showed up on the CUU website, perhaps they are going to be used for the Resource Estimate? The last RE has a map showing the claims.

It looks like the Resource Estimate is near completion. Almost the lack of news points in that direction.They have stated they are going to use the recommendations from the Resource Estimate to plan their drilling program this year. Well, that has to come out soon then. They also haven't set a date for the AGM yet. It makes sense to hold that after the RE is released, and after the drilling plan is announced, and after a major PP is announced and underway if not completed. In fact if they are going for big money then there had better be a reason attached to that announcement and I can't think of a better way to do it than put out a magnificant RE first showing great potential.

Just because they begin a major drilling plan doesn't mean we couldn't enter negotiations. It would probably be the same drilling that Teck would want to do if they were in charge anyway. They wouldn't want to lose a year either so would expect us to forge ahead. If they are thinking along the lines of a CUU2 then there could be a mutually agreed upon drill plan that takes us in that direction this year.

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