Elmer giving us a heads up on the 3 year payback and the capital cost....


Payback
Stewart’s approach is how best to maximize short term returns by maximizing the cash flow from the mine over the first ten year period. Doing it this way and by concentrating on selected zones where much higher grades (essentially a starter pit) of 0.7 to 0.8 percent copper equivalent have been found, a much shorter payback period appears feasible.


Capital Cost and payback
Listen 3min54
http://www.youtube.com/watch?v=50r8-Rh4acU&feature=player_embedded

''We're trying to reduce our capital costs or keep them in the range where they were in 2008.., we think we're going to be able to do that and then obviously get the payback period down as quickly as we posibly can''

Combine this info with the recent CUU presentation and yes the Feasibility will be SOLID !

http://www.copperfoxmetals.com/i/pdf/CUU-PP-Nov-2011.pdf
COMPLETE FEASIBILITY STUDY BY 4TH 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

And then we have the Environmental permits coming...Again no problems...

LOW ANNUAL PRECIPITATION (1.0 METRE/YEAR)
LOW ENVIRONMENTAL IMPACT (≤ 5% PAG ROCK, VERY LOW COMPARED TO OTHER PROJECTS)
NO FISH HABITAT IN VICINITY OF MINE SITE
MINIMAL IMPACT ON WILDLIFE (NUMEROUS WILDLIFE STUDIES COMPLETED) SMALL FOOTPRINT

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http://theglobalcommoditiesreport.com/uncategorized/copper-fox-looks-golden-copper-fox-metals-inc/

Copper Fox has put considerable energy into their relationship with the local indigenous peoples, engaging them to help with environmental assessment baseline studies, employing and training them so they’ll have marketable skills during the life of the project and elsewhere. “We’re great believers in the fact that this is their territory, their lands and title, and this is the least we can do to help them gain professional skills that can sustain them through the rest of their lives,” says Stewart. “I’ve taken that position in every country I’ve worked in and it’s always worked very well. If you engage people, demonstrate a benefit to the community, whether economics or skills training, it’s also easier for them to buy into getting the project into production.”

To that end, the company has sponsored a language camp, science camp, mining forum, bursary program and $75,000 university scholarship program, and facilitated the Tahltan Heritage Resources Environmental Assessment Team.

Environmental data has been gathered since 2005. “The key things there is that there’s no fish in the immediate vicinity of the mine site, only 5% of the rock is potentially acid-generating (which is quite low and very easy to handle during production), we won’t need a discharge into the environment and what little make-up water we need will probably be from drilled wells.”

Safety is also a priority at Copper Fox. “We’re working on our ISO 18001, ISO 14001 and plan to complete them this year. We’re seriously considering going for ISO 9001, which would give us our international QA/QC qualification.