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: Copper Fox Feasibility - Measured vs Inferred vs reality

The imagery is used as a guide for determining where to drill. It was not wasted money but it does not have much stand alone value.

I agree with the above statement. To bad they didnt have a chance to pursue more of the targets yet. Recently Webgogs mentioned that each hole was costing a million dollars which is very expensive drilling brought on mainly by the required airsupport.Ten holes to move 171 million tonnes up to the reserve classification will still be money well spent and perhaps should have been done this summer rather than shutting the drills down early. Especially when there is the possibility of getting 4 times the credits if Teck backs in. It is possible that they , the directors, feel that the credits are already pushing the maximum for Teck to consider all their options.

Share
New Message
Please login to post a reply