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Copper Fox Metals Inc V.CUU

Alternate Symbol(s):  CPFXF

Copper Fox Metals Inc. is a Canadian resource company focused on copper exploration and development in Canada and the United States. The principal assets of the Company and its wholly owned Canadian and United States subsidiaries, being Northern Fox Copper Inc. and Desert Fox Copper Inc., are the 25% interest in the Schaft Creek Joint Venture with Teck Resources Limited on the Schaft Creek copper-gold-molybdenum-silver project located in northwestern British Columbia and the 100% ownership of the Van Dyke oxide copper project located in Miami, Arizona. Its other projects include the Eaglehead Project, the Sombrero Butte Project, and the Mineral Mountain project. Eaglehead is an advanced exploration stage polymetallic porphyry copper project located about 50 kilometers (km) east of Dease Lake in the Liard Mining District, British Columbia, within Tahltan territory. Sombrero Butte is a Laramide age, exploration stage, porphyry copper project located in the Bunker Hill Mining District.


TSXV:CUU - Post by User

Bullboard Posts
Post by Mrigson Jul 02, 2011 1:58pm
589 Views
Post# 18790187

Laird mining

Laird miningAnyone know the contract agreement with Laird Mining?

I realize they have a 30% net profits agreement with Schaft Creek but what about the new property? I think possibly that if the new properties are subject to back in from Teck, they wouldn't be included in the Laird agreement. If Teck backs in for 75% Copper Fox would end up with 23.35% of Schaft Creek, and 25% of all the new properties. Not that a percent and a half makes a huge difference but it's something.

Anyone else know?
Bullboard Posts