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: Partner probably funding the whole thing?
My personal take is that they'll buyout SC and the optioned lands. They won't be taking all of BC. Perhaps another sort of contract for the rest of the exploration or sold to another explorer/miner. We have to realize the BFS is only on SC, a percentage of the total claims (single digits). Majors however don't like risk as much as juniors (which is why we, a junior are drilling and Teck the major will be mining after its derisked). I don't see Teck paying billions for the potential but I also don't see us giving it away for free. Makes more sense for us to keep some of it.
Share
New Message
Please login to post a reply