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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: Re: Rumour has it....
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Feb 20, 2014 09:15PM

OK, it's not a long wait to find out what exactly they meant then.

But...still, this is what Elmer told Koperfoks in an email. It both supports your position that we need to wait, but also seems to indicate that we shouldn't be looking for a large drill plan, if any:

Do you think there will be drilling at Shaft Creek in 2014? (Two of the diamond drilled were left at Schaft Creek at the end of the 2013 season. The 2014 program has not been finalized by the Joint Venture. The engineering studies could lead to some drilling, and if so it would be a small amount. The projects needs the engineering studies to advance; not additional drilling given the current size of resource and reserves). The engineering work may suggest a few drill holes would/desired be required.

--http://agoracom.com/ir/CopperFoxMetals/forums/discussion/topics/601293-got-an-email/messages/1886415#message

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