Re: No drill results yet?
in response to
by
posted on
Nov 22, 2022 12:03PM
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%)
Mid November was an expected date based on initial discussions with the lab. I plan to release these results when received from Teck. Hopefully some or all analytical results would be received soon.
The VD news release was issued to show shareholder that Copper Fox is progressing the Van Dyke project. As indicated in several previous news releases the program is planned in two phases, the first being to determine if existing drill holes can be re-entered and if so, can the downhole surveys and testing can be completed. If this phase of work is successful, it eliminates the need to drill new holes in this area of the project to establish hydrogeological monitoring stations, saves several million dollars in drilling costs. Why spend money when not necessary.
A new release will be issued when the warrants are being called.