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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: Elmer presenting July 5th in Calgary

YM: as far as I understand Elmer was referring to the sale of 25%SC and not CF. I have asked Elmer if he can still confirm what he stated in the video clip from about 2 months ago (the sale of 25%SC at the end of the year or the beginning of 2024). His response was affirmative, namely as follows:"Yes, based on receipt of the 2023 program results (assuming positive results) Copper Fox should be in position to update the SC valuation. The three enhancements identified in the 2021 PEA are significant value drivers.   Other than metal price and FOREX aspects (to which Copper For  has no control) I do no see any point in waiting to make a decision."

 

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