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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 News

I don't think it is exactaly a straight forward cutoff grade of 0.05%.

From the realease

"Copper Fox has selected a 0.05% total copper ("TCu") cut-off for its base case resource estimate (see Table-1). Only acid soluble copper ("ASCu") grades were used in estimating the oxide copper contained within the resource estimate."

Seems it only is the soluable copper contained. Meaning something could be 0.07% and the soluable part is 0.05%. I believe this is the case, anyone feel free to correct me or chime in on what that might actually mean.


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