(February 8, 2019)- Elmer B. Stewart, President and CEO of Copper Fox, stated: “Schaft Creek is one of the largest undeveloped polymetallic porphyry copper deposits in North America and represents a unique opportunity given the low inventory of advanced copper projects.  The work plan for 2019 includes the completion of the sizing and infrastructure alternatives study initiated in 2018 and completion of a more in-depth conceptual study to confirm the identified scenarios to lower capital and operating costs, infrastructure and further define access options. 

"Preparation of the 2019 report of activities for the Schaft Creek Joint Venture is ongoing. It is expected that the report should be completed by mid-July"

Yet we never got this report. We got this update many months later:

(November 24- 2020) 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.

"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 shareholders.”

Elmer B. Stewart, President and CEO of Copper Fox stated, “Over the next few months, Copper Fox expects to complete several studies, the results of which are expected to position the Company to make the next step in developing its forward strategy. The completion of the Eaglehead acquisition allows the Company to finalize its 2021 plans on its exploration projects.”

It is expected that these components of the Technical Report will be finalized in December 2020 and the other sections of the Technical Report will be completed in early 2021.

Well we got this report closer to the end of 2021 lol!