The CUU website finally shows the old resource estimate has been replaced with the new one. It will post here.
Resource Estimate
Copper Fox Metals reported an independent National Instrument 43-101 compliant resource estimate with an effective date of May 1, 2011. Mineral resources were estimated for the Liard (also referred to as the Main) Zone and the Paramount (also referred to as the Paramount-Breccia) Zone separately. The mineral resources were estimated using criteria consistent with the CIM Definition Standards (2010) and in conformity with CIM "Estimation of Mineral Resources and Mineral Reserves Best Practice" (2003) guidelines. The estimated mineral resources using a 0.20% copper equivalent (Cu Eq) cut-off grade are listed below in Table 1 with the contained metals outlined in Table 2.
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Table 1: Mineral Resource Estimate -- Schaft Creek Deposit
David Thomas P. Geo., Effective Date: May 1, 2011
| Resource |
Tonnage |
Copper |
Molybdenum |
Gold |
Copper Equivalent |
| Category |
(Million Tonnes) |
(%) |
(%) |
g/t |
(%) |
| Measured |
40.3 |
0.36 |
0.023 |
0.25 |
0.61 |
| Indicated |
971.2 |
0.27 |
0.017 |
0.18 |
0.45 |
| Measured & Indicated |
1,011.50 |
0.27 |
0.017 |
0.18 |
0.46 |
| Inferred |
283.6 |
0.24 |
0.011 |
0.15 |
0.39 |
| Total Resource |
1295.1 |
|
Table 2
| Contained Metals |
| Category |
Copper (Mlbs) |
Molybdenum (Mlbs) |
Gold(Moz)
|
| Measured |
319.6 |
20.5 |
0.32 |
| Indicated |
5,795.70 |
363.2 |
5.5 |
| Measured & Indicated |
6,113.70 |
383.6 |
5.81 |
| Inferred |
1,517.20 |
68.8 |
1.34 |
| Total Resource |
7630.9 |
452.4 |
7.15 |
Mlbs = pounds expressed in millions
Moz = ounces expressed in million
Cu Eq. = copper equivalent grade
