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: Drilling completed in weeks

That's what it says in this article that just popped into my mailbox. Kathie says completed in several weeks. This could actually make our stock price go up this time because it is twinning holes already drilled so we know what to expect and it is pretty good. (Although not as good as they say.)

It goes on to say this, and I wish it were true:

The Calgary-based company has retained Layne Christensen Co. to conduct the seven-hole, 5,100-meter drilling program and expects drilling to be completed within several weeks, Henderson said Wednesday.

Copper Fox, which owns about 1,100 acres of mineral rights in the area, has a historical estimate of 119.2 million mt of reserves in the area, grading 5.2% copper.

Ultimately, she said, the company hopes to "find someone interested" in mining the deposit.

Copper Fox also holds a 25% interest joint venture with Teck Resources on the Schaft Creek project in northwestern British Columbia.

--http://www.platts.com/latest-news/metals/louisville-kentucky/copper-fox-aims-to-complete-arizona-exploratory-21366877

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Mar 21, 2014 10:09AM
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Mar 21, 2014 03:07PM
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