Sept 25th NR.
Moose Mountain Technical Services has completed the "Mine Plan" for the Schaft Creek project. The optimized plan will be used to complete the economic analyses and project sensitivity. All other aspects of the Feasibility Study are complete. Merit Consultants International Inc. of Vancouver, British Columbia has been contracted by Copper Fox to perform a peer review of the Feasibility Study. Merit has been providing Project and Cost Management services to the mining sector on both domestic and internationally located projects for over 30 years. Simultaneously Copper Fox will be performing its own internal review to be led by Matt Bender, Registered Professional Engineer (Metallurgical), who has extensive background in this area and was the author and a "Qualified Person" of the 2008 Schaft Creek Pre-feasibility Study. Once these processes are complete the results will be announced by way of a news release. Mr. Elmer Stewart stated " It is evident the company is at the final stages of completing this important report, that being said, the company will diligently perform its internal review process to ensure completeness and accuracy and that the final report appropriately reflects the economic potential of the Schaft Creek resource. The completion of this Feasibility Study is the most significant event to occur in the Company in its eight year history.".
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Are the ''8 engineers'' the Merit consultants or a mix of theirs and our's ? Either way I am thinking this process is way too long compared to other reviews. Lock these guys together in a room until they get a concensus...