We have waited 8 years for updated economics! Very exciting times ahead. Let's see what they bring us. Several reports and studies that never became public but rather for joint venture corporate eyes. This is about to change this week I hope.

1) 2013 to 2017: Optimization studies & Desktop studies

2) 2018: The sizing and infrastructure alternatives study

The sizing and infrastructure alternatives study initiated in 2018 was completed with positive results and a more in-depth conceptual study has been initiated.

3) 2019: Teck report (subsequent conceptual project design study)

The 2019 work program is following the recommendations of the 2018 Sizing and Infrastructure Study by investigating a range of access options, revisions to planned infrastructure, re-locating the tailings management and mill facilities to utilize options that significantly reduce capital and operating costs along with updating permitting options related to the 133 ktpd scenario

4) 2020: Technical economic Report

Copper Fox is commissioning the PEA to provide an update on technical and economic changes to the Schaft Creek Project arising from completion of the 2018 Sizing and Infrastructure Alternatives Study and a subsequent 2019 Conceptual Project Design Study. All of the input studies and the PEA are based on a 133 ktpd ore mining and milling throughput case. 

FROM NEWS RELEASE-
The PEA will incorporate a project configuration that includes updates to the resource estimation, mine plan, plant layout, and tailings and waste management facilities.

Since formation of the SCJV approximately CAN$19 million has been spent on the Schaft Creek Project. Between 2013 and 2017, geological mapping of the deposit, re-logging 43,000m of core, metallurgical sampling/testing, two diamond drilling programs, updating the 3D geological model, and collection of baseline environmental data was completed. In 2018 an updated Resource Estimation Study was completed and in 2018 a Sizing and Infrastructure Alternatives Study, these were used to evaluate four potential development scenarios, one of which was recommended for further investigation. The 2019 Sizing and Infrastructure Alternatives Study focused on lowering the capital and operating costs associated with key infrastructure and access options, mine development and sequencing alternatives and tailings management facility options.

The PEA will provide Copper Fox an updated reference point from which to establish a strategy of maximizing the value of this asset to its shareholder