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: Re: Is this the week?
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Dec 11, 2017 10:36PM

We didn't do it, Teck did. Since the Salazar agreement was not executed they no longer had to accept the FS and the 2012 RE that formed the core of it. Teck does their own RE and FS in house for all their projects and we gave them the keys to drive the bus at whatever speed they wanted. I would expect some of the inferred would be upgraded to indicated and a small improvement in the total measured plus indicated. I checked the cut-off grade % used in the CUU FS versus the cut-off Teck used in the Zafranal and it was the same. There are other things Teck could change in the remodel such as variogram distances that could move the amounts in each classification around. All eyes are on Elmer now to see why it took so long when Teck stated they were done over 5 months ago. 

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