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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Message: Re: News out.
3
May 13, 2021 06:12AM

Key changes.

"mining approximately 1.03 billion tonnes of waste resulting in a 1:1 strip ratio compared to the strip ratio of 2.16:1 set out in the 2013 feasibility study"

"The LOM operating cost are estimated to be US$8.66/t processed compared to US$13.25/t processed in the 2013 feasibility study"

"Capital costs (direct costs, indirect costs, and contingency) are estimated to be US$2.65 billion compared to US$3.26 billion in the 2013 feasibility study. Sustaining capital over the 21-year mine life is estimated to be US$755 million compared to US$1.20 billion in the 2013 feasibility study."

 

6
May 13, 2021 06:48AM
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