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: News

I agree, they omit the word "bankable" in the preceding paragraph, perhaps due to no official acceptance by the teck lawyers and/or due to the ongoing negotiations where until the Teck DD is complete they will not accept the FS as "bankable".

Either way, still good to see some positive news and perhaps explains the reason for their last PP. IMHO this means that CUU is going forward as per their own plans just in case Teck say no i.e. they're not hanging about albeit officially keeping everything mum for now.

Teck tock teck tock...:)

Max

Copper Fox is a Canadian-based resource development company listed on the TSX Venture Exchange (CUU.V) with a corporate office in Calgary , AB and an operations office in Vancouver , BC. Its major asset is the Schaft Creek copper, gold, molybdenum and silver deposit located in northwestern British Columbia, Canada for which a positive Feasibility Study was recently completed and filed on www.sedar.com.

Share
New Message
Please login to post a reply