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: I like the Timing of this Options Announcement...

What about the higher grades we got from the drilling last year, are they not included either without further drilling?

Prospekt, I believe Web was referring to the new 2012 drilling.

Everything that was completed in 2011 will be in the RE.

Resource Estimate
Preparation of an updated Resource Estimate for the Paramount and Liard zones is currently underway. The Resource Estimate is being performed by Tetra Tech Wardrop (Tetra Tech) and will include all assay results for the diamond drill holes completed in the Paramount and Liard zones at Schaft Creek during the 2011 program. The updated Resource Estimate will be included in the Feasibility Study. The 2011 assay results are expected to have a positive impact on the average grade and size of the Paramount zone. Additionally Copper Fox has asked Tetra Tech to review the data related to the silver content of the mineralization in both zones for inclusion in the updated Resource Estimate.

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