High grades - Copper Fox Gold StrikeSee the two red bands in the diagram. Both zones have them.
https://www.copperfoxmetals.com/s/ProjectMaps.asp?ReportID=466269&_Title=Main-Zone-Ellipses-Section-6359500-N
The brechia zone aka Paramount zone has the greatest shot at increasing the gold. This is where I'd expect 1g/t or better. I think it's possible to hit 5g/t in this area. Also note that we have other anomalies with high grade signatures we have not explored. We can be 100% sure the eq% will be high in this area. The drilling to date supports it. I would speculate on the other areas but this is not the right time. We need to wait until all the land buying to buffer the district is done and we get holes assayed. Then I can predict the true value in advance of the BFS.
I have reasons to believe that we will massively increase the total deposit. The zones are showing specific geology making them distinct.
Diamond drill hole (DDH) CF407-2011 located 140 metres (m) east of DDH CF399-2010, intersected 0.65% copper, 0.53 g/t gold, 0.034% molybdenum and 3.80 g/t silver (1.18% copper equivalent) over an interval of 160.36m starting at a core length of 264.2m. The 160.36m interval is included in the 519.2m mineralized interval indicated below. The mineralized interval in DDH CF407-2011 is open to the east and confirms the mineralized nature of the chargeability anomaly identified in 2010,
DDH CF407-2011 intersected 0.40% copper, 0.24 g/t gold, 0.025% molybdenum and 1.98 g/t silver (0.69% copper equivalent) over a core interval of 519.2m from 5.3m to a depth of 524.47m,
DDH CF406 is located 250m south and 137m east of DDH CF399. Drilling was suspended in low-grade mineralization similar to that intersected in the upper 164m of DDH CF405. DDH CF406 intersected 0.54% copper, 0.10g/t gold, 0.023% molybdenum and 1.54g/t silver (0.73% copper equivalent) over 15.4m from 126.6m to 142.5m. The hole is cased and will be completed when drilling resumes in 2011.
| DDH ID |
Dip |
Azimuth |
From (m) |
To (m) |
Interval (m) |
Copper (%) |
Gold (g/t) |
Molybdenum (%) |
Silver (g/t) |
Cu Eqv (%) |
| CF-405 |
-55 |
90 |
10.90 |
164.00 |
153.10 |
0.23 |
0.03 |
0.02 |
0.92 |
0.34 |
|
|
|
164.00 |
648.31 |
484.31 |
0.47 |
0.34 |
0.02 |
2.22 |
0.82 |
|
|
including |
236.50 |
603.66 |
367.16 |
0.51 |
0.38 |
0.03 |
2.37 |
0.89 |
| CF406 |
-55 |
90 |
9.44 |
199.95 |
190.51 |
0.21 |
0.04 |
0.01 |
0.75 |
0.28 |
|
|
including |
126.60 |
142.48 |
15.88 |
0.54 |
0.10 |
0.02 |
1.65 |
0.73 |
|
DDH CF405 is located 154m east of DDH CF398. The mineralization in the top 164m of this hole is a lower grade zone (essentially the outer edge of the deposit) above the higher grade mineralization.
Starting at a depth of 164m the copper-gold-molybdenum-silver grades increase significantly. Mineralization is hosted in a series of potassically altered andesite, granodiorite and aplite dikes overprinted in places by phyllic alteration and
late-stage, vein-controlled propylitic alteration.
https://economicgeology.org/cgi/content/abstract/87/8/1963 (Reading)
Note how the silver tells a story. See:
https://www.copperfoxmetals.com/s/Image.asp?i=maps/2011_Interpreted-X_Sect_6360650mN.jpg&id=468542
Now
Diamond drill hole (DDH) CF409-2011 located 147 metres (m) east of DDH CF402-2010 (see News Release dated February 3, 2011), intersected 0.43% copper, 0.27 g/t gold, 0.04% molybdenum and 1.70 g/t silver (0.81% copper equivalent) over an interval of 154.30m starting at a core length of 319.13m. The 154.30m interval is included in the 357.31m mineralized interval set out in Table-1 below,
The mineralization in DDH CF409-2011extended the higher-grade mineralization on this section an additional 147m to the east and confirms the mineralized nature of the chargeability anomaly identified in 2010. The mineralization on this section is open to the east, along strike and at depth,
DDH CF408-2011 is located at the collar of DDHCF407B-2011 and was drilled to the west and intersected 0.42% copper, 0.07 g/t gold, 0.05% molybdenum and 2.45 g/t silver (0.74% copper equivalent) over a core interval of 76.98m from 114.78m to a depth of 191.76m,
Next will be the results as we head into the East side of the anomaly.
The 2011 drilling and assay results to date continue to confirm that the zone of higher-grade mineralization is associated with a 1,200m long by 600m wide chargeability anomaly located to the east of the Paramount zone; the main target of the 2011 drilling program".
Mr. Stewart stated that "DDH CF410-2011 extends the zone of higher-grade mineralization to the east beyond the limits of the 2008 open pit and further demonstrates the mineralized nature of the chargeability anomaly outlined in 2010.
DDH CF410-2011 is located on the same section as DDH CF399-2010 and DDH CF407-2011 and is located 104m east of DDH CF407-2011. The upper 262.08m of this hole intersected pyritic altered andesite, granodiorite, hydrothermal breccias and thick mafic dikes as expected (in-line with the geological model). The core interval from 262.08m to 514.85m exhibits visible chalcopyrite, bornite and molybdenite in potassic and phylitic altered intrusive breccia, granodiorite, andesite and multiple thin un-mineralized mafic dikes.
The second interval of mineralization is higher grade and is interpreted to represent a second phase of mineralization at Schaft Creek. This leads us to conclude that there may be more than one root zone.
Holes 411-15 should be interesting. We'll get an idea of what interests the company. I'm pointing out the silver because I've been using it to track theoverrall distribution on mineralization. Perhaps Chappy will plot the silver from the holes and post it on the map of the holes. A picture will give you a better idea of the trend at a glance.
All of his may be pointless Monday. I do expect that something is cooking. The post by vette shows odd behaviour. Some of that I can dismiss but some of it just won't go away. Where's the Titan? Why's the map not up? and the list goes on. We can see that as things were uncovered more drills showed up. And then there were 4!
We've been told the Focus is in the Paramount zone especially where the brechia occur. I've been saying for a year that we would trend into better and better grades of gold. The geology is speakinng for me now. I think if we get another month in we'll see some dramatic increases. Also, the longer Teck lets this go the more resource gets converted to reserve and that piles the value on.
I don't buy for a minute that our sp crash fell with the market. That was only part of it. On green days we plummeted. Then other Jrs cllimbed as we droped like a stone. The 4 horsemen were right at the center and no halt on the stock? Makes you go hmmmm. At what point do the insiders step up to the plate? Elmer is taking the heat over this. Hegave a very good Quarterly and the price fell. We all know that visible in our district means .80% Eq. That was not an obsfucation of a bad result and has nothing to do with the sp attack. Results are very close. Interested parties are kicking the tires. We did the road show. We have the FS almost done and the mine plan is being revised because everywhere we look there's more copper. We might even have to drill deeper in the tailings and storage areas. lol.
I have it that next week should be ok for the metals market. We have a 60/40 chance of going up. But with that said, the 4 horsemen may attack us again. and again and again. At some point Ernesto will have to step in. Not just for he cheap shares but to show confidence in the project. If we don't get an offer of some kind in the next few days we may be looking at a continued attack. I don't think the insiders want to see 30% of the shares get dumped but that's exactly what will happen. Once the 4 horesmen reach their own entry point they will leave. By that time the majority of us will have left. For many of us we will hope for a lower return point but I suspect many will just move on.
Once again it's time for a call to action from the company and Ernesto.