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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: LaCasse drill program
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Sep 07, 2015 11:45AM
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Sep 07, 2015 01:22PM

Teck may take that option or they may prefer an equity partner to replace CUU. If Teck uses the optimization studies to book resources/reserves and announce an intention to file the EA then a number of options are on the table including the sale to a third party. The terms of the JV agreement including the $ 60 million pre-production costs and $ 40 million milestone cash payments are transferable. I notice the photo gallery on the website has a number of images for the 427 core. They may have been posted in July if I've read the metadata correctly.

http://www.copperfoxmetals.com/s/SchaftCreek.asp?ReportID=715698&_Type=Schaft-Creek-Project&_Title=Photo-Gallery

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Sep 08, 2015 10:07AM
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Sep 08, 2015 10:30AM
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Sep 08, 2015 11:57AM
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Sep 08, 2015 12:16PM
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Sep 08, 2015 12:56PM
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