Agoracom: Small Cap Investment - Copper Fox Metals Inc. - Re: How to Move Forward

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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DC14

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Re: How to Move Forward - Chappy

in response to

Re: How to Move Forward - Chappy

Orcinus

posted on Mar 11, 2013 01:23PM

I had a chance to talk to Elmer about Arizona earlier this year at VRIC, and he said very clearly that there will not be any drilling on the Arizona properties this year. -Orcinus

Agreed. In essence, that is the response I received from Mike at PDAC. They do not intend to move on the Arizona until we are done at Schaft Creek.

There will be a 2013 drilling plan announced according to Mike, but that will be at Schaft Creek. As far as who will be responsible for carrying out that program, Mike advised he could not confirm given Teck's pending decision.