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%)

Free
Message: Latest financials

The botched BFS wasn't all that great, and that would mean they haven't converted any waste.

That's what I've been trying to say for awhile now, that the BFS wasn't sandbagged or botched because the results of the optimizations are all the same.

I've never understood why people automatically assumed there was a deliberate attempt to make it look worse, because nobody gains in that scenario.

They haven't converted any waste yet but that rests more on the drilling that has been done by Teck. It's possible that the drilling they did was sufficient to move some, at least, of the inferred into the reserve category. I believe that Teck has a greater ability to improve the Resource Estimate than we would as a junior.

Perhaps the next project for the JV will be to put out a new RE?

Share
New Message
Please login to post a reply