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: nothing...

They are working through the Project Satellite initiative. Two projects, Zafranal and San Nicholas, are done. They are working Galore and SC as well as Mesaba. They update the reserve/resource report once a year and post on Sedar around march. Once we get through the RE issue they should be reporting something for 2017 next year. I've wondered why Teck didn't buy out Novagold's 50% of Galore. They wouldn't get a better price and they would control a significant gold and copper project when combined with SC. Maybe they had to get their debt under control and now are moving ahead with acquisitions. Cash flow from Fort Hills starts around year end.

Share
New Message
Please login to post a reply