Re: TIME FOR A NEW STRATEGY
in response to
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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%)
Message: Re: TIME FOR A NEW STRATEGY
If I understand it properly, the ressource was confirmed by Teck and they are not challenging the grades. In fact, the studies were to improve the starter pit and use higher grades at the beginning of the project. Therefore, more cash flow, better NPV & IRR.
MoneyK
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