Yes, they will move the pit and widen it, but in terms of the grade of the deposit I believe it can be classified as a high-grade deposit. SC for many years was considered "low-grade" ranging from .10-.30% for over 20+ years. When I say it will now be a high-grade ore body I mean .60-1.20% grades from the assays.
Read the below article (all of it):
http://copperinvestingnews.com/what-makes-a-world-class-copper-deposit
The average grade of Copper Ores in the 21st century is below .60%. Elmer has discovered in the last 3 years a zone that is well above the average Copper grade with the finding of Paramount West and East. So based on the article we are considered High-grade. What I found most exciting when reading the above article is grade is not the most important aspect when trying to find value of an economic mine. High-grade ore helps reduce costs and improve the chances of building a mine from drill cores but we do not need to show the mining community 2% and higher Copper grades because we are profitable due to size and scale of the deposit. Copper Fox may have not found the highest grade deposit but SC is not a low-grade deposit like previously thought. You can argue that SC is "average grade" but I think we are higher-grade deposit since the average deposit is below .60% in the 21st century.