Re: Increased gold value...npv

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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MoneyK

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Re: Increased gold value...npv

in response to

Increased gold value...npv

youngmoney

posted on Jul 02, 2020 07:35PM

YM,

Per my memory, I believe the old FS called for a 30M NPV (8%) change for each point.

When looking at the SPOT price (in USD), that would reflect in an increase of about 23 points or 685M positif (1445 vs 1775). This does not consider the exchange rate.

SPOT price for exchange rate would add another 1,852M.

SPOT price for copper would remove 769M.

Therefore, based on the current SPOT prices, the Schaft Creek NPV (8%) should be around 2.3B per the old FS...