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: Re: SC property is in prime mining real estate!

Article on that Newmont-GT you posted. I like the quote from Rick Rule and Newmont.

I just wish something would happen with SC right away.

 

https://www.mining.com/newmont-buys-canadas-gt-gold-for-325-million/

 

Rick Rule, president and CEO of Sprott US Holdings, believes there has been such an underinvestment in new discoveries that BC projects in more advanced stages of development could be prime targets.

“The industry is sorely lacking high-quality exploration projects or development projects,” Rule said in February. “The consequence of that is, when somebody makes a good discovery, they can be taken at absolutely eye-popping multiples.”

Newmont noted the acquisition of GT Gold opened further exploration opportunities beyond the known deposits at Saddle North.

 

Share
New Message
Please login to post a reply