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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: Concerning Gold at Schaft Lake

From vette350 on the Stockhouse CUU forum:

. . . . . . .

"Did I read here that 14 million ounces of gold is within the Deposit?"

This is the old resource chuckalau.

8 billion pounds of copper, 8.1 million ounces of gold, 69.7 million ounces of silver, 583 million pounds of molybdenum. And the deposit has Rhenium at 4500$ a kg.

You will only see the Rhenium impact at Feasibility

Gold Equivalent Ounces Estimate 44.33 M oz

http://www.goldminerpulse.com/c/cuu.php

To the already 8.1 million OZ add the new drilling ( 2007-2011), the new extensions, the new depth, the higher grades at depth.

And let's not forget the new gold numbers taht will be added with the resampling program data..Data that we should receive very very soon.

Re-sampling Historical Diamond Drill Holes;
Copper Fox has commenced the re-sampling of 40 historical diamond drill holes (completed between 1960 and 1985) to check the previously reported copper-gold-molybdenum-silver content. The samples from these holes were not systematically assayed for gold possibly due to the low value of gold at that time. The historical analytical results for these holes contain high grade copper mineralization which shows a positive correlation with gold content.

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