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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: BFS Completion

"Upon completion of the feasibility Study Copper Fox will have a 100% working interest in Schaft Creek and an overall 93.4% interest. The remaining 6.6% interest is held as a Net Profits Interest by Liard Copper Mines Ltd. We calculate this NPI does not participate in the project revenue until years 10/11 after production. Thus, should Teck elect for a 75% earn back, then for the first 10 years revenue is split 75%/25% between Teck and Copper Fox and subsequently 70.5 Teck and 23.35% Copper Fox."

http://agoracom.com/ir/CopperFoxMetals/forums/discussion/topics/544394-more-results-are-pending/messages/1716353#message

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