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: Anything positive

Aside from the poor numbers, the positives I see in this is that this is the absolute worse case scenario and it is positive. Teck may have wanted to see that. The good news is that this is a gigantic deposit still and even though 171M tons is technically classified as waste rock they (Teck) may already have a good idea about the grades of this rock and may not consider it waste. That will improve the economics significantly.

Share
New Message
Please login to post a reply