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: Another buyout! B2Gold takes out Sabina gold 850 million

Let us quickly compare the Sabina and SC:

From Sabina 2021 FS: Goose project has a 15 year mine life, producing 223,000 oz of gold per year, for a total of 3,345,000 ounces of gold

Sabina’s total measured and indicated: 6,321,000 ounces of gold (from Dec. 31, 2020 resource estimate)

From Schaft Creek PEA: 21 year mine life, producing 3,700,000 oz of gold total

SC’s mineral resource, measured and indicated, gold only: 7,000,000 ounces of gold

Sabina and SC are very close in gold resource, and Sabina was bought out for $1.1 billion CDN; SC has copper, silver and moly on top of gold

Share
New Message
Please login to post a reply