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: Job opportunities with Teck
Reply New Message
Prev Message Back To Forum Threaded View Next Message

...are we expecting a JV agreement within 60 days from Feb 5th or that was just smoke and mirrors?

It's not an actual JV within 60 days. Teck has to deliver to Copper Fox a definitive JV agreement before the 60 days are up that is essentially the same as our current Agreement, but it would be the one that is used if Teck were to back in and earn a percentage.

Although Teck has to deliver it before 60 days are up post-feasibility, there is no time limit on how long Copper Fox can take to review it. I do hope this might be a time for Teck to just get on with it and declare their interest.

17 Recommendations
Reply New Message
Prev Message Back To Forum Threaded View Next Message
Share
Share
New Message
Please login to post a reply