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: How huge is this thing?

Believe....The Moly is approx. 661 Million Pounds (to Date)?

More moly = more Rhenium.

We should have about $1.5-2Billion in Rhenium...(at least)

Rhenium is trading at $4600 a kg. http://www.taxfreegold.co.uk/rheniumpricesusdollars.html

Here is what Samuel Engineering had to say about our Rhenium to improve the project economics:

Enhancement Opportunities:

Samuel Engineering notes that the economics in the PFS do not take into account opportunities for improvement of the project economics based on:

  • Further improvements to the process design based on additional metallurgical test work, for example:
    • optimizing primary and secondary grind size -- thus reducing grinding circuit size and power;
    • optimizing rougher and cleaner flotation circuits -- thus reducing both size and number of flotation cells;
    • optimizing concentrate grades;
    • optimizing solid/liquid separation -- thus reducing size of thickeners and filters.
  • Optimize tailings deposition method;
  • Optimization of mill location;
  • Inclusion of revenue from rhenium;
  • Increasing the overall resources of the deposit;
  • Conversion of Inferred Resources into Measured and Indicated Resources; and
  • Sharing of infrastructure development costs and power with neighbouring potential producers and other stakeholders.


Per this old article about copper fox they say the rhenium will only be added at feasibility:

The Study projects a mine life of 22.6 years with the mill expected to produce 4.76 billion pounds of copper, 255.2 million pounds of molybdenum, 4.5 million troy ounces of gold and 32.5 million troy ounces of silver. An NI 43-101 report by Associated Geoscientists Ltd. dated June 22, 2007 projects mine and mill recoveries of 91% for copper, 63% for molybdenum, 76% for gold and 80% for silver. Rhenium is also recovered as a byproduct in the molybdenum concentrate in significant quantities.
At a present price of $3.75 per gram of pure rhenium this may represent a significant additional contribution to income. Copper Fox will report further results with respect to rhenium during the feasibility phase of the project.

  • The grade of the molybdenum concentrate is 50.0%, and assays 368 ppm rhenium. The copper grade in the copper concentrate is higher grade than industry standard chalcopyrite concentrate because of the bornite content and should command a premium from smelters and refiners seeking this product. The rhenium content of the molybdenum concentrate is expected to possibly command a premium.
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