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%)

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Message: Is this scenario possible?

The amount of gold, 10.6 million oz, is an impressive number which would put SC at about number 26 of the top 50 undeveloped gold deposits in the world:

http://www.nrh.co.il/i/pdf/NRH_Research_2012%20World_Gold_Deposits.pdf

The report also included some cu au porphyries such as Galore Creek because of the amounts of gold present. However, the average grades at SC are below 0.25 g/t so it's unlikely the gold alone would support a mine or interest a gold miner. A typical cut-off grade for an open pit gold mine would be 0.35 g/t such as mentioned here:

http://argonautgold.com/admin/wp-content/uploads/2011/12/Prodigy-Tetra-Tech-Report-October-4-2012.pdf

The good news is that the gold comes with the copper so you have to include the value of the gold in any share price estimate.

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