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: Producing Issuer

I discovered today that a technical report can be filed by Copper Fox without an independent Qualified Person because the report is being prepared through a JV with a Producing Issuer. Teck is a Producing Issuer because they have revenues of both $30 million in the past year, and $90 million over the past three years.

Here's the clause from the 43-101 regulations:

(4) Despite subsection (1), a technical report required to be filed by an issuer

concerning a property which is or will be the subject of a joint venture with a

producing issuer is not required to be prepared by or under the supervision of an

independent qualified person, if the qualified person preparing or supervising the

preparation of the report relies on scientific and technical information prepared

by or under the supervision of a qualified person that is an employee or consultant

of the producing issuer.

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Aug 29, 2014 10:41AM
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