Copper Fox Metals Inc.

That slide is the entire resource model, NOT the pit shell. Yes there is a tremendous amount of the inferred under the pit where you see it in dark blue at the bottom. This is not the inferred that can be easily upgraded and at low cost. Elmer told me that the inferred in the BFS is throughout the pit shell. They will be getting to the inferred that can be easily upgraded throughout the process. Remember that the block model and pit shell are very different in many respect (location of grades, inferred resource, etc) It would be nice to see a 3 D showing the pit, the enitre 3D resource and block model and the undrilled blob.