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Stockhouse Canadian Small and Micro-cap Stock Report for Thursday, May 31, 2012
TORONTO (SHfn) – Copper Fox Metals (TSX: V.CUU, Stock Forum) shares powered 17% higher to $1.18 on Thursday after the resource developer reported results of the recently completed National Instrument 43-101 resource estimate for the Schaft Creek copper-gold-molybdenum-silver deposit in British Columbia. Highlights included a Measured and Indicated resource of 7.1 billion pounds copper, 455.3 million pounds molybdenum, 7.3 million ounces gold, and 66.7 million ounces of silver; as well as an Inferred Resource of 2.9 billion pounds of copper, 206.2 million pounds of molybdenum, 3.3 million ounces of gold, and 31.6 million ounces of silver.