Copper Fox Metals Inc.

Welcome To the Copper Fox Metals Inc. HUB On AGORACOM Copper Fox Metals is a Canadian-based resource company focused on developing the world-class Schaft Creek Project in northwestern British Columbia.

over 11 years ago

in response to cbew's message

I noticed that your graphic shows us at less than 1.0B tons. Are they using the old RE numbers?

They are using the feasibility numbers of 940.8 million tonnes of proven and probable mineral reserves. The figures in the resource estimate will no longer be used for these comparisons since the feasibility de facto proved them uneconomical.

It would be interesting to note at what stage the other projects are defining their assets because it makes a big difference in these comparisons. When Teck did their presentation they made note of what stage the projects were in because the accuracy of the figures changes so much when producing a feasibility.