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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%)

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Message: Re: two pieces of news to come?

May 24, 2012 11:17AM

The claims anounced today were acquired about a week ago. Only one claim is significant as stated in todays NR:

"...c) Seven mineral tenures have been acquired at the north end of the Schaft Creek project. One of these mineral tenures covers the interpreted northern extension of the Schaft Creek Mineral Trend, and..."

location: http://agoracom.com/ir/CopperFoxMetals/forums/discussion/topics/532251-more-claims/messages/1682402#message

The location of DDH 422 is unfortunately situated on a snow slide/chute. That could be the reason for the snow related delays this late in May. The snow could be pretty much gone from camp but might still be avalanching down the chute for a while.

That will likely mean that we can't expect much in the way of drill assays till early August (judging by last year's timeline). On the other hand, we should get the Aeria Mag map earlier than last yr (june 21st).

Interesting that we only went 7km's to the north with the Amags (only covers off about half of the spike of CUU claims to the very north).

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