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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: Re: Can Teck spend the money fast enough

New CUU presentation up. Eveything is on time.....

http://www.copperfoxmetals.com/i/pdf/CUU-PP-Oct-2011.pdf

•COMPLETE FEASIBILITY STUDY BY 4

TH

QUARTER 2011 OBJECTIVE IS TO IMPROVE THE DEPOSIT ECONOMICS: DEFINE A 3 YEAR HIGH-GRADE STARTER PIT, INCREASE THE DAILY MILL CAPACITY, REDUCE THE CAPITAL COSTS AND REDUCE THE PAY-BACK PERIOD

•COMPLETE ENVIRONMENTAL ASSESSMENT APPLICATION BY 4

TH

QUARTER 2012

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