340 12TH AVENUE SW, SUITE 650
CALGARY
Alberta
Canada,
T2R 1L5
Phone: +1 (403) 264-2820
Fax: +1 (403) 264-2920
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Moving a World Class Copper/Gold/Molybdenum Deposit Towards Production
Copper Fox Presentation
Copper Fox Metals Inc (TSX-V:CUU) is developing one of the largest copper deposits in Canada at Schaft Creek. The company is evaluating the feasibility of developing an open pit mine with a minimum capacity of 100,000 tonnes per day with a mine life of +30 years. Copper Fox holds the property pursuant to an option agreement with Teck Cominco Limited whereby Copper Fox may acquire up to 93.4% direct and indirect interest in the property. Copper Fox is in the Environmental Assessment Process required by the British Columbia and Canadian Governments for project permitting and is in continuous consultation with the Tahltan Nation.
Schaft Creek Resources:
1.393 billion tonnes of Measured & Indicated Resources at 0.2% Copper Equivalent Cutoff:
- 7.7 billion lbs copper at 0.25%,
- 8.1 million oz Gold at 0.18 gpt,
- 584 million lbs Molybdenum at 0.019%
- 69.4 million oz Silver at 1.55 gpt
Investment Highlights:
- Preliminary pit scheduled to produce 145,000 ounces Gold and 62,500 tonnes Copper per year for 15 years
- $17.5 million budget for 2007 Work plan to continue environmental assessment, mine planning, access and social license
- On budget and on target to complete scoping study by Q1 2008
- Copper Fox is working to bring the Schaft Creek deposit into production by 2011
- Schaft Creek is located just 35 km from NovaGold's Galore Creek Deposit
- Copper Fox has an option to acquire Teck Cominco's 93.4% interest in the Schaft Creek deposit
- Memorandum of Understanding signed with the Tahltan Nation Development Corporation
For more information go to:
Analyst Reports
Media Coverage
News Releases
Schaft Creek Geology and Technical Reports
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