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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: Lt pricing

The current long-term concensus metal pricing used by Copper Fox in US$ is $3.75/lb Cu, $20/lb Mo, $1,750/oz Au, $20/oz Ag.  To illustrate the net change in the discounted after-tax Net Present Value (NPV) for the Schaft Creek project, a US$0.25/lb increase in copper increases the NPV by approximately US$250 million, for every US$1.00/lb increase in molybdenum the NPV increases by US$58 million, and every US$100 increase in gold the NPV increases by US$89 million. 

MoneyK

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