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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“Goldcorp is betting on the exploration potential of Cerro Negro,” said UBS AG analyst Jo Battershill. “I believe there are 10 million ounces there.”

“It goes to show that good deposits are hard to find and there’s a premium to be paid,” David Baker, managing partner at Sydney-based Baker Steel Capital Managers with $1.2 billion in funds, said by phone. “There’s more consolidation to come.”

Mr. Jeannes said Cerro Negro not only offers shallow depth, robust production at low cost and short construction time, but also the opportunity for significant continued growth through expansion of existing deposits and new, connected discoveries.
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