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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

Post by Ecrevisseconon Dec 02, 2020 12:43am
576 Views
Post# 32015997

TECK's presentation on December 2nd at the Mining Conference

TECK's presentation on December 2nd at the Mining ConferenceForget Van Dyke for now...

This is bigger.  This is really bigger.

Slide 33 officially puts Schaft Creek as a Development Project on TECK's agenda.

This is an official presentation by the CEO of the firm, how much more official can you get?

!!!

And not just that, it ranks Schaft Creek now as # 3 Development Project in their copper plan.

Wow.  Number Three after Galore Creek that is going nowhere and with less value in metals than Schaft Creek.  Wow.

In the 2013 Schaft Creek Joint Venture contract between CUU and TECK, TECK agreed to pay CUU $ 20 M when Schaft Creek becomes a development project.  This is it!

If I can find my copy, I will double-check the fine prints but that was the actual deal.

Time to get back in!

;o)

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