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: Re: We will get news tomorrow IMO
3
Dec 16, 2013 01:38PM

hi Rad

Below are comments i received in email from Teck after the JV was announced.

...We have a number of JV’s with junior companies. We do a fair bit of our exploration work in this way. We don’t make significant public disclosure about them, as individually they are not generally material to Teck shareholders. They are material to the JV companies usually though so we leave the public disclosure to them, with our input....

...We will be looking to see if we can benefit from any synergies with Galore Creek...

...We did announce the Schaft Creek one as we felt due to the capital commitment, which is larger than most of the JV’s, it was appropriate to...

So yes, you are correct, any drill results will be forthcoming from CUU.

cheers

jaf

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