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%)

Free
Message: Re: Another week, still no SC news

From the JV agreement.

Sale of Interest. The Lienholder making the advance contemplated in §16.2, on Notice to the other Parties and the Grantor that the Lienholder is enforcing its lien, shall have the right to take possession of all or a portion of the Grantor’s Interest and to sell, or purchase, that Interest to recover the amount of such default by: (a) first offering that Interest to the other Parties, for that price which is the average of the fair market value stated in two appraisals obtained by the Lienholder from independent well-recognized appraisers competent in the appraisal of mining properties;

MoneyK

Share
New Message
Please login to post a reply