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: For those here following me on HPY and BGM

500 mil is about the max over the entire deposit that's why it will just be a bonus material in the concentrates. They probably will determine its value in batch tests. Elmer didn't feel the value was justified to determine the immediate value. HPY on the other hand has very high Rhenium. It will be a major cash contribution.

Some things of more importance for us are the facts like we are aiming very low for our caps. Elmer did tell us we can expect higher number but this was being done to guarantee there we no shortfalls in the FS. We may be 15% low. I'm waiting for a friend to re-examine their numbers and tell me what he thinks the data really suggests. In my estimations I can make a case for about 10%. Over the size of our deposit that is a gigantic number. Suppose we actually are 10% higher in the starter pits. 1.1 vs 1.2% is huge.

Share
New Message
Please login to post a reply