Copper Fox Metals Inc.

The delay was for the reason stated. It really is that simple. This turns out to be a good thing. We are in deep with Teck and both parties wanted it on time. I think we'll proceed as they intended with the exception that they have the option to take a bit longer and get more value out of the ground.

There are factors that could force them to act rapidly. Codelco is one of them. There are others. Our trade tour contains a seed of info that would allow a foreign easier access to us. A scan of the concentrates front also shows promise. The spot price on processing has gone up. This is also part of why the talk of a super green smelted came up again.