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: 2021 SC Program?
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Feb 22, 2021 03:54PM
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Feb 22, 2021 04:47PM

Good question, here's the information released by Teck today for Schaft Creek in the AIF:

The results of the 2020 scoping study inform work planned for 2021, including drilling, geotechnical field investigations, baseline environmental studies and updated capital and operating cost estimates.

 

Planned spending in 2021 of $ 3.4 million on Schaft Creek, which will be included in growth capital expenditures within our copper business unit.

 

While Teck won't commit yet to a development program it does appear they are prepared to accomodate CUU in their efforts to sell by showing some level of activity.

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