Re: Copper Fox has Issued a News Release
in response to
by
posted on
Apr 10, 2014 01:25PM
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%)
Well my friend, you can say that again.
As Prospect pointed out 180,000tpd has been provided for in the study. I feel that is a realistic thruput for starters, but the normal way to provide for more in the future is to apply for more upfront in the EA and not have to reapply later if expansion is desirable.
My take on Elmer's reply is, without overtly spilling the beans, we are on the list for power and the optimization study will determine how much we will need.
My question is, how long will BC hydro wait for a deposit re. their study to provide whatever power we require.
I am patiently waiting for any of the positive indicators that we are advancing, which include, work on the road..Einiro. app.. work on the power supply by the provider.
Elmer had a lot of time to research the new investment. I expect it will have merit....best to all....chunky