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: Third Party Reviews

I think this has been posted before, but it's worth reading again:

Detour Gold takes the cautious route to mine development

"... they delayed delivering BBA’s feasibility study results by three months to conduct third-party reviews"

"Delaying a new project is never a popular decision, but the payback can be worth it if it is done in the early stages"

"We wanted to make sure that our consultants removed the maximum amount of risk possible from the project, and it was the reviewers' job to cross-check that"

"Beaudoin is convinced that many other projects would benefit from the added risk-mitigation provided by a robust audit approach but singles out low-grade deposits as especially in need of the added certainty."

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Dec 19, 2012 08:25AM
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