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: Re: Drilling?
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Aug 23, 2012 05:18PM

My opinion is that Teck is going to buy out the entire area and sit on it until they feel it's right to open up and mine. This is the biggest reserve left and it's right here in Canada. You don't close camp in August without a really good reason.....

I think you hit the nail right on the head CG. We are done with SC. Everything is being sold otherwise why close shop so early even on our 100% owned lands. If Teck was not interested in our 100% owned lands surely they would allow us to continue to drill there. We have the financing, the crews in place, the drills there, the weather good for at least another 5 months why not drill our own lands if Teck doesn't want them? Unless... Teck said stop we're going to take the whole thing. We will soon know the answer and the price.

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