Re: Salazar/CUU Video
in response to
by
posted on
Nov 03, 2012 05:15PM
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%)
The video has to be before July 16, 2009 as that is the date Elmer took over as CEO. Btw, EE has been waiting almost 3.5 years too and funding this thing the whole time. I'm sure he is itching to see his rewards too.
http://www.newswire.ca/fr/story/421667/copper-fox-announces-executive-changes-and-the-appointment-of-a-director
CALGARY, July 16 /CNW/ - Copper Fox Metals Inc. (TSX-Venture: CUU) announces the resignation of Guillermo Salazar as President and CEO of the Corporation. Mr. Salazar will remain a Director of the Company and continue his involvement as Senior Technical Consultant. In commenting on his retirement Mr. Salazar stated "I look forward to my continued involvement with the development of the Schaft Creek deposit in my new role". The Board of Directors has appointed Mr. Elmer B. Stewart, P. Geol, to the position of President and Chief Executive Officer and he will continue as Chairman of the Board. Mr. Stewart holds a Master's of Science degree in Geology and is a registered Professional Geologist. In a career spanning 35 years, Mr. Stewart has been involved in both exploration and mining in North America and internationally throughout the America's, Africa and Asia including direct and indirect involvement with the development and operation of five gold mines in Canada and Kazakhstan. Mr. Stewart stated "Schaft Creek is a large deposit with excellent metallurgical and operational parameters. While we have a considerable amount of work to complete to finalize studies required for the Feasibility Study, I am looking forward to the months ahead as we advance the development of this project" Copper Fox is pleased to announce the appointment of Mr. Ernesto Echavarria to the Board of Directors of the Corporation. Mr. Echavarria currently owns 39% of the issued and outstanding common shares of Copper Fox. In commenting on his appointment to the Board and the recently announced staffing changes Mr. Echavarria stated "these moves significantly strengthen the management team of Copper Fox as it evolves to an advanced stage development company working towards completing the Feasibility Study on the Schaft Creek deposit". Senior management of the Company is currently evaluating the work completed in 2008 that will be used to complete a Feasibility Study on the Schaft Creek copper-gold-molybdenum-silver deposit pursuant to its option agreement with Teck Resources Ltd.