Re: The new RE is going to have some tasty bits
in response to
by
posted on
Apr 13, 2012 02:29PM
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%)
Webgogs interview (my underline re DDH 419):
[snip]
4. How much overburden must be removed before ore extraction takes place and how long will that take?
A. See hole 419. 6 meters is enormously better than 75 meters! As in wholly (mild expletive).
5. How long will it take to exhaust the ore in the starter pit?
A. We must now think in terms of decades.
6. Proposed mill sizes have been 120,000, 150,000 and 180,000 tpd. As this mill size increases, what are the likely increases in capex?
A. No increases. The report takes these into account and gives a snap shot in time. This is in part why the reports are so complex. [end snip]
----------------------
2011CF419 (LIARD/MAIN) Depth: 398.68 CUU
NR: http://www.copperfoxmetals.com/s/NewsReleases.asp?ReportID=505304&_Type=News-Releases&_Title=Copper-Fox-Announces-Drilling-Intersect-of-0.96-CuEq-Over-110m-and-Reports-...
....Mr. Stewart, President of Copper Fox stated, "DDH CF419-2011 was drilled for geotechnical purposes in one of the proposed starter pits and intersected significant intervals of higher grade copper mineralization and of note, higher gold and molybdenum values closer to surface....
...
DDH ID |
Dip |
Azimuth |
From (m) |
To (m) |
Interval (m) |
copper (%) |
gold (g/t) |
silver (g/t) |
molybdenum (%) |
Cu Eq (%) |
CF419-2011 |
-64 |
205 |
10.20 |
121.00 |
110.80 |
0.46 |
0.41 |
2.15 |
0.043 |
0.96 |
and |
121.00 |
257.70 |
136.70 |
0.55 |
0.20 |
1.88 |
0.013 |
0.76 |
||
CF423-2011 |
-55 |
272 |
63.14 |
84.80 |
21.66 |
0.20 |
0.05 |
1.10 |
0.001 |
0.24 |
and |
133.00 |
176.56 |
43.56 |
0.37 |
0.01 |
1.05 |
0.002 |
0.42 |
||
and |
210.00 |
219.00 |
9.00 |
0.50 |
0.01 |
1.07 |
0.003 |
0.53 |
||
CF417-2011 |
-70 |
65 |
399.00 |
420.00 |
21.00 |
0.24 |
0.08 |
1.27 |
0.007 |
0.34 |
DDH CF419-2011: was completed for geotechnical purposes at the south end of the proposed Liard zone starter pit and intersected continuous mineralization starting at a core length of 10.2m to a depth of 257.7m where the mineralization is cut off by a flat lying mylonitic fault zone. Assays of samples from below the mylonite zone yielded background concentrations of all metals. Disseminated and fracture/veinlet controlled chalcopyrite, bornite and molybdenite occur in potassic and phyllic altered andesite. The upper 110.2m of the hole contains significantly higher concentrations of molybdenum and gold...."
I located DDH 419 on the L0N Titan survey line located approximately at 6359500m Northing. There is one cross section near this Northing posted on CUU's Maps page.
I believe that DDH 419 is located on the vertical 1300X line in this cross section / elipse. Each square is 100m x 100m. I would think that anything better than 0.3% copper equiv is good starter pit shell. Obviously, the bigger and better the core the more money is made faster.
Main Zone Ellipses Section 6359500 N - July 2011
http://www.copperfoxmetals.com/s/Image.asp?i=maps/Main-Zone-Ellipses-Section-6359500-N.jpg&id=466269