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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
Comment by webgogson Oct 17, 2011 4:49pm
682 Views
Post# 19156942

RE: Is Purple Good?

RE: Is Purple Good?It's all good LOL.
Purple is high charge stuff but not what we are after. You have to load the assays in your head and the BCGS plus the Aeromag then form a mental picture of that. If we had all the hand samples that would help for the image. The browns and reds (yes, all of it) conform to the range we are after. Typically the areas around the edges and pockets into it and layers over the purple are good for us. (This is why Elmer chose 15 milirads. What this map gives us is a 3 D model we can rotate allowing us to sink holes with exactness. It gives us structures and allows extropolation from the known into the unknown. The NR talks about a circular deposit yet it's not obvious on the map. Not to the layman.  We look at it and see that the entire area is covered in copper and this is true but at what eq and how deep takes more work. I'll spend a few more hours on it and do a write up.

It's up to us to advise on the map because we won't be getting a detailed report anytime soon. What we should be getting are assays.

We are out of the prime window for an offer. Now we are under the Teck umbrella once again. So the prime focus is to rush for the BFS. If we are lucky we won't need it, the mine plan should be enough for Teck to opt. I'll be examining their budget as usual for clues. Since they are done the budget process I believe they have already made up their minds as to what option they will execute. I suspect they already have a partner.

We may have to move the dump and revise out pit. Gosh darn, more copper and gold than expected. See the map.

What I can tell you at a glance is this has become so big that we have to get to work on selling it. It will take years to drill it up. Then they will need to mine for decades and then re drill for the depths. So instead of 15-20 years of high grade we have four to five decades worth. Now the company needs to go cherry picking. In the last estimate Elmer saved the buyer 2.4 billion dollars by excluding the lesser value. Decades down the road they can mine it if they want to. Clearly, we can triple the high grade. It's so clear that it goesn't even need proof to get it sold.

Aside from that, I spoke to Elmer at length.


Bullboard Posts