Re: TIME FOR A NEW STRATEGY

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%)

Reply New Message

Prev Message Back To Forum Threaded View Next Message

MoneyK

Rank: Treasurer [?]

Points: 8673 [?]

Votes: 62 Score: 2.5 [?]

Your Vote:

Please Log In to Vote

Did you know? You can earn activity points by filling your profile with information about yourself (what city you live in, your favorite team, blogs etc.)

Re: TIME FOR A NEW STRATEGY

in response to

Re: TIME FOR A NEW STRATEGY

endoftime

posted on Jan 30, 2020 07:28AM

If I understand it properly, the ressource was confirmed by Teck and they are not challenging the grades. In fact, the studies were to improve the starter pit and use higher grades at the beginning of the project. Therefore, more cash flow, better NPV & IRR.