Re: Copper Fox Feasibility - Measured vs Inferred vs reality
in response to
by
posted on
Dec 27, 2012 10:40AM
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%)
Most mining engineers I talk to say the drills have to turn to bring the value
Well Torex Gold was bought out this year just based on Inferred resource no M&I.
Andean was bought out on exploration potential and I quote , ''opportunity for significant continued growth through expansion of existing deposits and new connected doscpveries''