Re: Drilling info

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: Drilling info

in response to

Re: Drilling info

NotSoQuick

posted on Sep 27, 2021 08:10PM

NSQ,

My understanding is that the drilling cores will be used to better understand the ressource model. Might be possible for them to move some indicated ressource into the measured category, which comes with a better grade (i think). Higher grade = more copper for the same effort.

Also, the cores will also be used for metallurgical work. If they can improve the recoveries 3-4-5%, that would add several more Mlbs pounds per year at minimal cost.