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: Drill Plan
15
Jul 18, 2013 12:11PM
12
Jul 18, 2013 12:21PM
9
Jul 18, 2013 12:27PM

Jul 18, 2013 12:29PM
9
Jul 18, 2013 12:33PM
5
Jul 18, 2013 12:40PM
6
Jul 18, 2013 01:00PM
1
Jul 18, 2013 06:01PM
5
Jul 18, 2013 09:04PM
6
Jul 18, 2013 10:04PM

Now Teck has gone off to drill fresh ground. I am just speculating that they are maybe working on their own mine plan. It leads me to believe that they have a different idea of how this mine would be worked.

I think you hit the nail right on the head. If they can find more mineralization on the East side and better grades that will undoubtedly change the mine plan. IMO, with the size of this whole area Teck may be even contemplating a larger pit plan with much larger daily throughput to improve the economics. Just look at Cobre Panama. FS numbers are way better with a 220t/day operation. Economies of scale will work in our favour to reduce payback time, drastically improve IRR, cash flow and profitability.

1
Jul 18, 2013 11:59PM
1
Jul 19, 2013 12:51AM
4
Jul 19, 2013 12:57AM
9
Jul 19, 2013 01:16AM
3
Jul 19, 2013 10:41AM
Share
New Message
Please login to post a reply