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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%)

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Message: News out, finally!

Wow 419 was in the middle of nowhere and hit 0.96%

DDH ID Dip Azimuth From (m) To (m) Interval (m) copper(%) gold (g/t) silver (g/t) molybdenum (%) Cu Eq (%)
CF419-2011
-64
205
and
10.20
121.00
121.00
257.70
110.80
136.70
0.46
0.55
0.41
0.20
2.15
1.88
0.043
0.013
0.96
0.76

Look on map:

http://www.copperfoxmetals.com/s/Image.asp?i=maps/2010-2011-DDH-LOCATION.JPG&id=491395

I can't wait to see 416 (North) and 421 (South)

Metallurgical testwork on composite samples of the mineralization from the Paramount zone has yielded an average recovery of 89% for copper, 64% for molybdenum, 73% for gold and 58% for silver to a bulk concentrate grading between 31 and 32% copper

Metallurgical Testwork
Metallurgical test work including; rougher flotation, locked cycle testing by closed circuit flotation and concentrate quality was completed on six samples of mineralization from the Paramount zone. The test work was completed by G&T Metallurgical Services Ltd. Six samples (totaling 810 kgs) were tested for metallurgical performance. These samples were prepared using 80% passing 150 micron grind size, tested individually and then composited for similar test work. Results of the test work on the two master composite samples (with average copper grades of 0.42% copper) yielded average recoveries of 89% copper, 64% molybdenum, 73% gold and 58% silver. Concentrate produced from this testwork averaged 31% copper, 1.30% molybdenum, 16 g/t gold and 131 g/t silver. The concentrate was low in other base metals and other common penalty elements. These results will be combined with the previous metallurgical test work from the Schaft Creek deposit to determine the estimated average metal recoveries to be used in the feasibility study that is expected to be completed in the first quarter of 2012.

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