Agoracom: Small Cap Investment - Copper Fox Metals Inc.

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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canadastockguy

Mar 22, 2021 06:34AM

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koperfoks

Mar 22, 2021 07:09AM

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Accountant007

Mar 22, 2021 07:55AM

MoneyK

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Re: news

in response to

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Accountant007

posted on Mar 22, 2021 08:57AM

M&I

Copper: from 7.38B to 7.76B - 5.1% increase
Gold: from 6.5M to 6.97M - 7.2% increase
Moly: from 470.6M to 510.6M - 8.5% increase
Silver: from 51.49 to 54.26M - 5.4% increase

If my calculation is correct, that's an additional "free" 700M pounds of CuEq vs. the previous RE.

It's important to note that for this RE, they are using the same recoveries as 2013. Per the March 3rd NR, they currently have higher metal recovery assumptions, which should increase these numbers even higher.

IMO

MoneyK

8 Recommendations

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Accountant007

Mar 22, 2021 09:21AM

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MoneyK

Mar 22, 2021 09:43AM

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Accountant007

Mar 22, 2021 10:07AM