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: CUU financials
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Feb 12, 2015 10:50AM
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Feb 12, 2015 12:33PM

By the way here is some expert commentary regarding the submission of a PEA based on inferred resources. As you can see it is specifically intended to give a portait of the potential using inferred resources. Please also note that they require extensive disclaimers which is why they show up on our NR (it's a rule, not a whim.):

One of the key attractions of a PEA is the specific exemption for PEAs from the normal prohibition on economic analysis disclosure that includes or is based on inferred mineral resources, the weakest of the various CIM categories of mineralization. That exemption is subject to certain conditions, including the use of a prominent disclaimer and the inclusion of disclosure regarding the impact of the PEA on the results of any pre-feasiblity study (PFS) or feasibility study (FS) that exists in respect of the same project, but nonetheless provides an opportunity to provide a portrait of a project’s potential based on inferred resources.

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