Welcome To the Copper Fox Metals Inc. HUB On AGORACOM

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: NovaGold Resources fourth-quarter loss widens to $38 million, revenues slip

Key to our deposit: Thats why its a waiting game

http://www.winnipegfreepress.com/business/novagold-resources-fourth-quarter-loss-widens-to-38-million-revenues-slip-139983083.html

The loss included an impairment charge on the Galore Creek project of $8.3 million related to equipment and $2.7 million in compensation costs related to a corporate reorganization.

Its partner on the Donlin project in Alaska, Barrick Gold, is on the verge of making a decision on whether or not to go ahead with construction. NovaGold is also looking for a buyer for its stake in the Galore Creek project which is shared with Teck Resources (TSX:TCK.B).

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