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%)

Free
Message: Re: AGM report
50
Jul 19, 2012 03:27PM
5
Jul 19, 2012 03:35PM
1
Jul 19, 2012 03:40PM
7
Jul 19, 2012 03:41PM
1
Jul 19, 2012 03:44PM
3
Jul 19, 2012 03:58PM
4
Jul 19, 2012 04:10PM
5
Jul 19, 2012 04:40PM
8
Jul 19, 2012 04:50PM
8
Jul 19, 2012 05:07PM

400M lbs of Cu per year... that leads to a production rate of about 220ktpd. That would be fantastic. Any calcs's I've used go up to 180ktpd (b/w 120 & 180ktpd) and the higher rate of production always models better econcomics - provided I've guessed the right Capex for each level of production.

You know me, I'm conservative, but I'm using $3.4B Capex for a 120ktpd mine and $4.08B for a 180ktpd (120% of the 120tpd Capex cost) as my base guess at Capex. That still might be a tad low given recent events with new mines.

220 ktpd seems like a big jump from the 100 ktpd from the PFS in terms of the milling/processing infrastructure involved. Input on what that jump might be is very welcome.

I dont' know if I have time to re-jig my spreadsheet in time to change my guess for Darpa's pool LOL!

3
Jul 19, 2012 05:55PM
4
Jul 19, 2012 07:03PM
3
Jul 19, 2012 09:29PM
1
Jul 19, 2012 09:42PM
2
Jul 19, 2012 09:42PM

Jul 19, 2012 09:44PM
Share
New Message
Please login to post a reply