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: Teck is lining their ducks up....

http://www.marketwired.com/press-release/novagolds-2013-drill-results-galore-creek-identify-extensions-mineralization-legacy-tsx-ng-1872110.htm

What I dont get is why we flat out don't state that we are looking at selling our portion of SC like Nova has.

Mr. Lang further added: "If developed as envisioned in the pre-feasibility study (PFS), Galore Creek is expected to become the largest and lowest-cost copper mine in Canada, one of the most mining friendly jurisdictions in the world. In 2014, along with Teck, NOVAGOLD plans to carry out additional technical studies to further enhance the value of this significant project. NOVAGOLD continues to explore opportunities to monetize the value of its share of Galore Creek and redeploy the proceeds towards advancement of its flagship Donlin Gold project in Alaska. We believe that the results of the 2013 drill campaign and the work we plan for 2014 should facilitate this process both from the standpoint of marketability as well as value of Galore Creek.

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