Re: Toronto show

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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RabidTiger

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Re: Toronto show

in response to

Re: Toronto show

Ripantuck

posted on Sep 27, 2012 08:44PM

Keep in mind that not all of the metals in the Resource Estimate will be economical to mine. In the 2008 PFS, only 59% of the resource was converted to reserves.

This number should improve with the additional drilling that we have completed but still will not approach 100%.