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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%)
Message: News - Cuu Update
News Story |
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Copper Fox provides update on Schaft Creek project
05/24/2012 10:06 AM ET
05/24/2012 10:06 AM ET
VANCOUVER, May 24, 2012, 2012 (Canada NewsWire via COMTEX News Network) -- Copper Fox Metals Inc. ("Copper Fox" or the "Company") (TSX-V: CUU) is pleased to announce completion of the planned 2012 airborne magnetic
survey and the acquisition of additional mineral tenures contiguous to
the Schaft Creek project. Mr. Elmer B Stewart, President & CEO of
Copper Fox stated, "We are pleased to have completed the airborne
survey in advance of the commencement of the 2012 field exploration
program. The data resulting from this survey is expected to identify
exploration targets thereby allowing the Company to concentrate
exploration efforts in areas with potential for porphyry style copper
mineralization. The land acquisition is in line with Copper Fox's
interpretation of the porphyry copper potential along strike of the
Schaft Creek deposit."
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