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%)

Free
Message: Thinking Ahead ...
Reply New Message
Prev Message Back To Forum Threaded View Next Message

They don't own it

None of it

The agreement provided for Copper Fox to earn 100% ownership upon the expenditure of, X number of dollars (somebody remind me),

That mark was passed some time ago and Copper Fox now owns 100% of Schaft Creek as defined in the agreement

All that Teck owns is a right to back in if they elect to, nothing more

7 Recommendations
Reply New Message
Prev Message Back To Forum Threaded View Next Message
Share
Share
New Message
Please login to post a reply