Re: Copper Fox Files Positive Feasibility Study on Schaft Creek Project
posted on
Feb 04, 2013 09:45AM
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%)
Hi, Chappy:
Just thinking about Liard here and why it is not mentioned in the NR.
It's not news that they are entitled to the LIard shares at the time of production of the BFS. It will be news when the shares have been transferred over to CUU. That would be the next news release, no?
Just trying to come to an understanding of why it's not mentioned today.
Cheers, SF