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: Re: Copper Fox Feasibility - Measured vs Inferred vs reality-Cross
18
Dec 26, 2012 11:06AM
7
Dec 26, 2012 11:19AM
13
Dec 26, 2012 12:41PM
3
Dec 26, 2012 01:03PM
6
Dec 26, 2012 01:11PM
4
Dec 26, 2012 01:12PM
7
Dec 26, 2012 01:24PM
2
Dec 26, 2012 01:26PM
10
Dec 26, 2012 02:15PM
20
Dec 26, 2012 02:33PM

IMO, the 171M tonnes of Inferred waste is the big elephant in the room. I don't think management did a very good job of explaining what and where this is and why we didn't drill & prove it up to sufficient confidence to make it a positive to the BFS vrs a big negative.

171M tonnes at 2.64 Tonnes per cubic metre is 64,772,727 cubic metres. If this were one perfect cube, it would be 402m x 402m x 402m in size. Not a small volume of material.

I don't understand how we didn't look at the resource block model in relation to the new mine plan this summer and realize we had this inferred blob sitting like a dead weight on our Measured and Indicated and the economics of our FS.

We heard a lot of how our BFS needed to be 'perfect' and that warrented the delays. I wasn't expecting that mineralization that we knew about and within the mine plan would be left to retard our study while drills sat relatively idle.

Share
New Message
Please login to post a reply