Re: Office talk

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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kinte

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Re: Office talk

in response to

Re: Office talk

Accountant007

posted on Jun 24, 2021 11:31AM

Yes, YMs post of the transcript from Teck's last investor call nicely reminded us this is how they want to go. Someone else posted a while ago that the least mentioned Satellite project (Schaft) all along is actually the most advanced and not for sale really as a partner has been lined up. The SCJV would have negotiated how far to take things before enough was known to satisfy all parties on the value and leave some unkowns of exploration potential to be explored with the new owners.