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: Resource remodel

Once the remodel is done, sometime in April although CUU has retained AMEC to review the results and we don't know how long they will take, a decision will be made to keep the existing resource estimate or update it. Obviously this is a major decision which could trigger one of two paths. If an update is not required then Teck should be in a position to accept, finally, the resource and reserve numbers and book them on their balance sheet.  That should be sufficient for CUU to put SC on the market for sale and monetize the asset. If an update is required then we need to know how much work and how long that will take. 

10
Feb 04, 2017 02:17PM
4
Feb 04, 2017 02:33PM
6
Feb 04, 2017 02:59PM
4
Feb 04, 2017 03:18PM
5
Feb 05, 2017 01:05PM
6
Feb 05, 2017 03:51PM
4
Feb 05, 2017 08:45PM
Share
New Message
Please login to post a reply