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: Recoveries & exchange rate
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Was looking at a recent feasibility study from Copper Mountain for their project in Australia.

They used 93% for copper recovery & 78% for gold.  We used approx. 87% and 74%

$3.08 US was used for copper pricing and $1310 US for gold.  We used $3.25 US & $1445 US.  With the current exchange rate, we are still really ahead.

Elmer also mentioned several times that mining techniques have improved since 2013 and cost to build is cheaper today.

Really looking forward to the new numbers!  Bring them on!!!

MoneyK

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