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%)

Free
Message: LaCasse drill program
Reply New Message
Prev Message Back To Forum Threaded View Next Message

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

9 Recommendations
Reply New Message
Prev Message Back To Forum Threaded View Next Message
Share
Share
New Message
Please login to post a reply