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: Re: Drilling and Blackout:
12
Sep 14, 2012 05:11PM
1
Sep 14, 2012 05:25PM

Sep 14, 2012 05:27PM
8
Sep 14, 2012 06:22PM
8
Sep 14, 2012 06:52PM
3
Sep 14, 2012 07:02PM
3
Sep 14, 2012 07:08PM
13
Sep 14, 2012 07:30PM
2
Sep 14, 2012 07:53PM
7
Sep 14, 2012 08:17PM
4
Sep 14, 2012 08:32PM
1
Sep 14, 2012 09:17PM
7
Sep 14, 2012 09:41PM
2
Sep 14, 2012 09:49PM
7
Sep 14, 2012 10:05PM
6
Sep 14, 2012 10:19PM
11
Sep 14, 2012 10:23PM
5
Sep 14, 2012 10:43PM
2
Sep 14, 2012 10:44PM

Prospekt when I asked Elmer about this, he said a decision was made to focus resources on Arizona as a priority as a number of things had come together in AZ.

Here's how it works.

CUU wants to sell the BC assets, keep the ''Copper Fox Metals'' name and continue on with Arizona. They want a spinoff using the same name.

They bought properties with historical data and the Van Dyke purchase is not settled yet, but Sombrerro is.

Apparently (maybe because it's in the US) in order to be able to do the spinoff, CUU must 1st spend money on the new property and/or have data that is their own.

I can see why this is a priority if they expect swift action on Schaft Creek.

Here's the good part...

1) Bell copper recognized 20 distinct breccia pipes, and only 8 where tested with 34 drill holes. I posted the results not to long ago. They all hit long intervals of 1%-5% copper, from surface, some even starting at 0m.

Along with this they mention a deep source (this is what Elmer's going after):

''high-grade copper deposits that are of greatest interest because of their suspected link to an underlying porphyry copper system''

2) Bell also made a new discovery..but you must look in old NR's for this:

Recent fieldwork has resulted in the discovery of 8 additional breccia pipes in a separate cluster located three kilometers further south. These 8 pipes constitute a distinct cluster covering an area of 1 kilometer by 1.6 kilometers. The newly discovered breccias share a common style of hydrothermal

''The striking similarity of the alteration in these widely separated breccia pipes suggests that they shared a common hydrothermal reservoir, like a large porphyry copper system in the subsurface.''

3) Now Elmer wants to sepnd money on this fast and do it Elmer Stewart style, and 1st thing he's going for is that legendary subsurface source feeding the pipes. So, Magnetics, Deep Quantec Titan, etc. And then 1 deep drill.

This should be done fast (good weather Arizona, this isn't BC). For all I know they've already started the work......

Elmer's going after the source, what many have suspected for a long time. But Elmer will be using his techniques, knowledge and experience in the matter...

''At Sombrero Butte, breccia pipes are present across the entire extent of the property, so it is conceivable that the breccias reflect the footprint of an underlying porphyry copper system.''

''Previous operators conducted detailed geological, geochemical and geophysical studies on the property in the late 1990's and documented the presence of a multi-phase porphyry intrusive complex. The Company will continue to test these numerous breccias as well as explore for the suspected deep seated porphyry source for the breccias. ''

Read this interestnig NR, the last of Bell Copper's NR's 2008...

http://www.bellcopper.com/s/News_Releases.asp?ReportID=310572

Drill results

BRECCIA TARGET DRILL HOLE FROM TO METERS % CU
Magna & Sunset SB-01 Leached breccia, no significant intercepts
Magna SB-02 286m 334m 48m 1.06%
incl. 318m 328m 10m 2.04%
Campstool SB-03 272m 294m 22m 0.58%
SB-03 470m 492m 22m 1.31%
incl. 480m 492m 12m 2.06%
Magna SB-04 Leached breccia, no significant intercepts
Sunset SB-05 18m 40m 22m 4.74%
Magna SB-06 330m 342m 12m 1.34%
Sunset SB-07 38m 47.56m 9.56m 5.57%
Sunset SB-08 44m 48m 4m 5.62%
Rattler SB-09 96m 110m 14m 0.83%
Rattler SB-10 no significant intercepts, leached breccia
Rattler SB-11 312m 342m 30m 0.37%
Audacious SB-12 12m 26m 14m 2.90%
Audacious SB-13 22m 24m 2m 5.85%
Audacious SB-14 20m 86m 66m 1.45%
Audacious SB-14 34m 46m 12m 2.33%
Audacious SB-15 16m 36m 20m 3.07%
including 22m 28m 6m 5.69%
Audacious SB-16 0m 14m 14m 1.71%
SB-16 22m 46m 24m 2.12%
including 22m 26m 4m 4.75%
Audacious SB-17 0m 8m 8m 3.23%
Audacious SB-18 0m 12m 12m 2.32%
SB-18 22m 38m 16m 1.95%
Audacious SB-19 20m 42m 22m 2.97%
including 20m 24m 4m 5.91%
including 34m 38m 4m 4.76%
Sunset SB-20 4m 16m 12m 2.50%
including 8m 12m 4m 4.03%
Saguaro SB-21 no significant intercepts
Victors SB-22 no significant intercepts
Magna SB-23 282m 354m 72m 0.88%
Magna SB-23 458m 484m 26m 2.03%
Victor's SB-24 0m 20m 20m 1.27%
Victor's SB-25 0m 12m 12m 2.05%
Victor's SB-26 0m 12m 12m 2.25%
Victor's SB-27 14m 30m 16m 1.22%
Victor's SB-28 14m 20m 6m 1.36%
Victor's SB-29 4m 70m 66m 0.61%
Victor's SB-30 10m 40m 30m 0.86%
Victor's SB-31 2.6m 8m 5.4m 2.07%
Victor's SB-32 2m 8m 6m 2.47%
Victor's SB-33 6m 24m 18m 1.80%
Victor's SB-34 8m 24m 16m 1.77%
2
Sep 14, 2012 10:55PM
5
Sep 14, 2012 10:56PM
1
Sep 14, 2012 10:58PM
3
Sep 14, 2012 10:59PM
2
Sep 14, 2012 11:10PM
5
Sep 14, 2012 11:17PM
4
Sep 14, 2012 11:24PM
3
Sep 14, 2012 11:27PM

Sep 14, 2012 11:29PM
3
Sep 14, 2012 11:34PM
2
Sep 14, 2012 11:40PM
3
Sep 14, 2012 11:59PM
1
Sep 15, 2012 12:22AM
1
Sep 15, 2012 08:29AM
1
Sep 15, 2012 09:54AM
Share
New Message
Please login to post a reply