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Copper Fox Metals Inc V.CUU

Alternate Symbol(s):  CPFXF

Copper Fox Metals Inc. is a resource company, which is focused on copper exploration and development in Canada and the United States. The Company’s projects include Schaft Creek, Van Dyke, Sombrero Butte, Mineral Mountain and Eaglehead. The Schaft Creek project covers 56,180 hectares of mineral concessions located in Tahltan Territory in northwestern British Columbia, approximately 60 kilometers south of Telegraph Creek, near existing seaport, transportation and clean hydroelectric energy infrastructure. The Van Dyke project is an advanced stage in-situ copper recovery project located in Miami, Arizona. The Sombrero Butte project is a Laramide age, exploration stage, porphyry copper project located in the Bunker Hill Mining District, 44 miles northeast of Tucson, Arizona. Mineral Mountain is an early-stage Laramide age, porphyry copper exploration project located in the Mineral Mountain Mining District, 20 miles east of Florence, Arizona.


TSXV:CUU - Post by User

Bullboard Posts
Post by webgogson Mar 26, 2011 5:50pm
645 Views
Post# 18345691

Calculations please

Calculations pleaseIt would be nice if someone measured the new land similar to the CUU current distribution and performed the calcs for the resource using updated 3 year average prices. The Mess Creek are can be valued at 2 bucks for simplicity sake. Do it for 100% CUU for simplicity. I won't have time until mid week but I'd like to see what it comes out as.

My rough work says 3.3 times area, 4 times depth (avoids engineering issues) and 8B pounds. (I did not expand the resource through the mountain in my calc even though the geology demonstrates this to be true. That would require elevation volume calcs over a slope. Bit more complicated.) Comes out at just over 100B pounds copper. Because the other elements are not similar in distribution those should get a 25% discount in the calc. or cut them in half to be conservative.
Bullboard Posts