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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Message: Re: Renmark gone
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Aug 16, 2019 10:39AM
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Aug 16, 2019 11:10AM

HAHA Thanks Lebowski, forgot about the name change... Crazy to think that just over a year ago they were trading close to $0.20 cents.

 

I found this to be somewhat comical and a good laugh for a friday afternoon...

 

Q. Do you have the necessary capital resources to continue in 2018?

A. Yes we do. Copper Fox operates three of the four mineral projects in which it has a working interest. The Schaft Creek project is 100% funded by Teck Resources Limited (“Teck”). Copper Fox’s exposure to the Eaglehead project operated by Carmax Mining Corp in by way of its ownership of 45% of the shares of Carmax. Our 2018 capital requirement is estimated to be in the order of approximately C$300,000 in addition to General and Administrative expenses required to maintain the company. In 2018, Copper Fox will be involved in additional work at Schaft Creek, low cost meaningful exploration programs on the Sombrero Butte and Mineral Mountain projects as well as indirect exposure to the exploration activities completed on Carmax’s Eaglehead project. Copper Fox will continue to seek partners to fund completion of the pre-feasibility study on the Van Dyke project.

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