Re: Copper Fox time for an update!
in response to
by
posted on
Aug 13, 2020 11:21AM
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%)
Not sure Copper Fox could generate a 43-101 with the same baseline and come out with similar results. Teck probably did this report from an operators perspective and not subject to the same "rules" as let's say an exploration company.
Anyhow, I have 6-12 months and around $1M in mind, but could be wrong.
MoneyK