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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They never made it to the pilot stage:

In 2017, Copper Fox commenced the process to obtain Class III Underground Injection Control and Aquifer Protection permits which, once acquired, are good for the life of the project. A significant amount of modelling work was completed to the draft stage before Copper Fox suspended the work on the permit applications due to its inability to reach agreement with a third party to gain surface access to the proposed ISL pilot scale test site (see news release dated September 21, 2017). Discussions with the third party were terminated. Copper Fox has terminated all activities related to the permitting process. 

We've had no updates since then on the surface rights issue. They elected to increase value in another way without the surface rights access by expanding the resource with re-analysis. If the prize is good and big enough they might attract a third party buyer who is prepared to take on the surface rights problem. Copper Fox must have talked to the operators in the area to gauge interest but nothing has been said publically.

 

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