Re: Copper Fox Updates Permitting Process on Van Dyke Copper Deposit
in response to
by
posted on
Sep 21, 2017 11:26AM
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%)
"The information required for the permit applications is site specific. Copper Fox has determined that until the site selected for the ISL test has been confirmed, it would not be prudent to continue preparation of the permit applications. Accordingly, Copper Fox has temporarily suspended the work on the permit applications pending the outcome of discussions with the surface owner. The time required to complete the discussion with the surface owner is not known and there are no assurances such discussion will be successful."
What a waste of time and money. These "make work" projects always seem to come back to get you in the end. Congratulations Elmer! Great job once again....