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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: Copper Fox Announces 2019 Schaft Creek Program

Well, i did also wonder how in more detail the $2.1M will be spent. he budge last year was only $0.8M i believe. A couple of items that seem encouraging are enviro & the tailings management studies. Also the strengthening of the SC management team. 

We all know that we likely wont see a new report on economics as this would all but point to a positive production decision and i dont think we are quite there yet. They just finished the Galore & QB2 sale literally in the last few months. I think for TECK, its all a matter on timing and finding the right partner or major to sell this to. 

-- Budget of C$2.1 million;

-- Environmental studies and associated data collection across the project footprint;

-- Field studies to further investigate the geotechnical characteristics of the tailings management facility;

-- Permitting and community relations activities; and

-- Strengthening the Schaft Creek project management team.

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