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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: Sense of urgency for Teck
6
Jun 02, 2012 11:27AM
1
Jun 02, 2012 11:35AM

Like someone made reference to in the last couple of days........"this is not a mining property, its a mining DISTRICT".

Dont take our word for it..but how about Elmer...At least we won't be able to say he didn't tell us....numerous times..

''....Mr. Stewart stated "the purpose for the acquisition of these mineral claims is to provide additional coverage of the interpreted extension of the Schaft Creek mineral trend and its associated positive magnetic feature. The second group of claims expands the Company's acreage in this important mining district and road access"

''Schaft Creek - An Emerging Porphyry Copper District?
The 2011 program demonstrated that the Schaft Creek property has the potential to host a number of porphyry style copper +/- gold-silver-molybdenum deposits. The intersection of significant copper- gold-silver-molybdenum mineralization located 1,200m north of the Paramount zone associated with a large Titan-24 chargeability anomaly and the intersection of copper-gold-silver-molybdenum mineralization in a geotechnical hole located 300m east of the Paramount in an interpreted "leakage" zone supports the mineral potential of the Schaft Creek property. These mineralized intervals in conjunction with the technical aspects of the Schaft Creek Mineral Trend strongly indicate considerable potential to host additional deposits at Schaft Creek.''

''Mr. Elmer Stewart, President of Copper Fox stated that "The results of the Titan-24 survey and the 3D modeling doubles the potential strike length of the Paramount zone and has located four other chargeability targets that support the concept of an emerging porphyry district.''

''Airborne Magnetic Survey
This high resolution survey identified a number of significant structural features typical of a porphyry copper district within the Schaft Creek Property. ''

2
Jun 02, 2012 12:40PM
1
Jun 02, 2012 12:59PM
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