Re: News out- VD economic assessment

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: News out- VD economic assessment

posted on Aug 19, 2020 09:41AM

Updating the VD PEA with the information available today will not be expensive. Like Sibiu said, they will use the last PP money to pay for it. We are not talking about the 16M plan here.

I believe the goal is only to update the numbers and get closer to a 20 year mine life with even lower cost. Hopefully, the new numbers will open eyes and attract a partner to bring VD to the next level.