Re: Year End Financials

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%)

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Riskkee

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Re: Year End Financials

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Re: Year End Financials

Prospekt

posted on Feb 14, 2013 09:02PM

This part answers the question why they didn't drill the 171 million tonnes of Inferred resource.

2012 Exploration Program
The 2012 exploration program was designed specifically to avoid any work (diamond drilling,metallurgical test work, etc.) on the Schaft Creek deposit which if successful would have dictated a suspension to update that portion of the Feasibility Study. The objective of the 2012 exploration program was to test the mineral potential of the Schaft Creek Mineral Trend to host additional copper deposits. This trend is located on the west side of Mount LaCasse and extends for a distance of approximately 7 kilometres north of the Schaft Creek deposit.

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