Agoracom: Small Cap Investment - Copper Fox Metals Inc.

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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Jun 03, 2014 10:19AM

Jun 03, 2014 10:58AM

babybreeze

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Re: Gold Fox

posted on Jun 03, 2014 12:59PM

Golf, the numbers you posted are based on the 2011 RE. We can't use the numbers from the 2011 RE, we have to use the proven, probable and inferred numbers from the BFS. The two documents differ considerably in terms of metrics. According to the BFS close to half of those 10 million ounces you mentioned won't be mined. All number crunching has to be based on the BFS. That's the working document.

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