Gold/Mining/EnergyCopper Fox

Previous 10 Next 10 
From: stomper5/4/2012 11:12:52 AM
1 Recommendation   of 10519
Something is going I mentioned on AG, i don't think this is all just retail and momo's (although some surely is).

Wonder if someone is supporting/jacking price up for an upcoming placement/issuance? Hope it's more than that, more than ready for end game here.

Share RecommendKeepReplyMark as Last ReadRead Replies (1)

To: stomper who wrote (120)5/5/2012 9:50:05 AM
From: eeibbay
   of 10519
Yeah, I would be hoping for the endgame soon as well. I thought this would be over by the end of March. You may be right about another placement but I hope you are not. I am seeing so many bargains out there at the moment and don't have the funds to go get them. As I cannot afford to buy any more CUU, it is excellent to see the SP rise.
Good luck

Share RecommendKeepReplyMark as Last Read

From: Metacomet5/10/2012 1:50:19 PM
   of 10519
2012 Exploration Program Highlights:
a) A Total Field airborne magnetic survey (approximately 2,500 line kms) to extend the limits of the 2011 survey to the north and south and a spectral imagery survey,
b) Titan-24 DCIP & MT surveys are planned to survey the area between the ES zone and the GK zone to follow-up the positive results obtained in 2011,
c) Diamond drilling of three (Mike, ES and GK zones) untested Titan-24 chargeability anomalies outlined in 2011,
d) Diamond drilling to follow-up the copper-gold-molybdenum-silver mineralization intersected in diamond drill hole 2011CF422 (the Discovery zone) located approximately 1,200m north of the Schaft Creek deposit, ande) Diamond drilling will be conducted in two phases, phase one consists of 5,000m of drilling to test the targets outlined in item c) above. Phase two will consist of at least 5,000m to follow-up zones of mineralization intersected during phase one drilling.

Share RecommendKeepReplyMark as Last Read

To: stomper who wrote (101)5/12/2012 11:19:37 AM
From: Metacomet
1 Recommendation   of 10519
I guess they are reading our posts..

A 10,000,000 dollar program it is....

Share RecommendKeepReplyMark as Last Read

From: Metacomet5/28/2012 8:37:35 PM
   of 10519
Look at it this way

We can come over here and gloat after THE EVENT

...and prove that we were here all along

Share RecommendKeepReplyMark as Last ReadRead Replies (1)

To: Metacomet who wrote (124)5/28/2012 8:39:14 PM
From: Metacomet
   of 10519
(sure hope there is a way you can bribe the management here to remove a message if you really have to)

Share RecommendKeepReplyMark as Last Read

From: Metacomet5/31/2012 11:01:03 AM
2 Recommendations   of 10519
Schaft Creek Resource Estimate Update 05/31 06:13 AM


VANCOUVER, May 31, 2012 /CNW/ - ("Copper Fox" or the "Company") (CPFXF:$1.1785,$0.1595,15.65%) is pleased to provide its shareholders with the results of the recently completed National Instrument 43-101 ("NI 43-101") resource estimate for the Schaft Creek copper-gold-molybdenum-silver deposit located in northwest British Columbia, Canada. The resource estimate was prepared by Tetra Tech Wardrop ("Tetra Tech") and the NI 43-101 report disclosing the resource will be filed on SEDAR within 45 days. Highlights of the resource estimate for the Schaft Creek deposit using a 0.15% copper equivalent cut-off (Base Case) are as follows:

a) The Measured Resource is comprised of 146.6 million tonnes grading 0.31% copper, 0.017% molybdenum, 0.24g/t gold and 1.78g/t silver (containing 1.0 billion pounds copper, 55.6 million pounds molybdenum, 1.15 million ounces gold and 8.40 million ounces silver;

b) The Indicated Resource is comprised of 1.08 billion tonnes grading 0.26% copper, 0.017% molybdenum, 0.18g/t gold and 1.68g/t silver containing 6.1 billion pounds copper, 399.7 million pounds molybdenum, 6.22 million ounces gold and 58.34 million ounces silver;

c) The combined Measured and Indicated Resource is comprised of 1.23 billion tonnes grading 0.26% copper, 0.017% molybdenum, 0.19g/t gold and 1.69g/t silver containing 7.11 billion pounds copper, 455.3 million pounds molybdenum, 7.37 million ounces gold and 66.74 million ounces silver;

d) The Inferred Resource is comprised of 597.2 million tonnes grading 0.22% copper, 0.016% molybdenum, 0.17g/t gold and 1.65g/t silver containing 2.87 billion pounds copper, 206.3 million pounds molybdenum, 3.36 million ounces gold and 31.60 million ounces silver, and;

e) The resource estimate includes the silver content of the mineralization in both the Paramount and Liard zones.

Share RecommendKeepReplyMark as Last Read

From: Metacomet6/23/2012 7:55:35 AM
   of 10519
Nice update summaries on the company web page:

Interesting to note the size of the explored, Schaft Creek portion of the current Copper Fox holdings in the map from the brochure

Sorta guarantees that the current "Inferred" resource, at a minimum will be proven....and a lot more...eventually

Share RecommendKeepReplyMark as Last Read

From: Taz Man fae scotland7/2/2012 8:39:42 PM
   of 10519
Hi All

It's been a while since my last post. Still holding CUU until the end, but recent macro events have got me wondering how long that will be and what impact it will have on our hopeful Teck buyout.

On another forum there has been a lot of conjecture on SP buyout price, the next play, will there be a CUU 2.0 with the latest claims outwith Shaft Creek etc etc.

From the webinar last month Elmer's answers to my questions wrt. blackout etc. gave me more confidence in holding. IMHO there are behind the scenes negotiations on the go right now, causing a drying up of NRs right now.

With copper LME stocks apparently being bought up by Glencore, the US officially slipping into recession in the next few months, and the Eurozone mess and last-minute bailouts, there are a lot of volatile levers that can get pulled any time soon. I do hope the Teck buyout of Shaft Creek goes ahead, but I suspect that Teck wishes to make a deal for the other claims and retain Elmer's team to firm up the exploration. I'm curious as to how this one will play out. I think that CUU will continue to exist minus Shaft Creek, but Teck will commission CUU to continue the drilling work of SC on their behalf, perhaps for a dividend of TCK.B shares. CUU's other claims will then follow suit just as SC was developed, albeit with a different agreement i.e. 100% owned by CUU with no TCK buy-back clause. Once proven Teck will buy at "fair' market value if it fits in with their resource portfolio.

Anybody like to throw out any thoughts on this?



Share RecommendKeepReplyMark as Last Read

From: futrcash*9/4/2012 3:46:15 PM
1 Recommendation   of 10519
Tuesday, September 04, 2012
Copper Fox Drilling Indicates Widespread Mineralization in the Discovery Zone, Including 1.01% CuEq Over 47M, Updates Corporate Activities

View News Release in PDF Format

Vancouver, British Columbia - September 4, 2012 - Copper Fox Metals Inc. (TSX-Venture: CUU) is pleased to announce assay results from two diamond drill holes from the Discovery zone at the Schaft Creek copper-gold-molybdenum-silver project, an update on the status of the feasibility study and other corporate activities. To view the location of 2012 drill holes completed to date, please visit the Copper Fox website at

Highlights are:
  • Diamond drill hole (DDH) CF427-2012 intersected 0.625% copper, 0.59 g/t gold, 2.02 g/t silver and 0.006% molybdenum (1.01% copper equivalent) over a core length of 47 m starting at a core interval of 509.00 m;

  • Diamond drill hole (DDH) CF427-2012 intersected 0.24% copper, 0.14g/t gold, 0.006% molybdenum and 0.58g/t silver (0.36% copper equivalent) over an interval of 336.72m m starting at a core interval of 428.12;

  • Diamond drill hole (DDH) CF426-2012 intersected 0.16% copper, 0.04g/t gold, 0.003% molybdenum and 0.81g/t silver (0.21% copper equivalent) over an interval of 689.11m starting at a core length of 76.55m;

  • Phase 1 of the 2012 exploration program including diamond drilling has been completed. Additional drilling may be undertaken in September; and

  • Results of the interpretation of the airborne and Titan-24 surveys over the Schaft Creek project by Mira Geosciences are expected shortly.
Mr. Stewart, President of Copper Fox stated, "Although to date the drilling was limited in extent, it achieved the first Phase of the objectives of the 2012 exploration program. A Phase 11 program is currently being considered. The source of the Titan-24 chargeability anomaly on the Discovery zone is interpreted to be the copper-gold-silver mineralization intersected by the 2012 drilling. The higher grade nature of the copper-gold mineralization in certain portions in (DDH) CF427-2012 and the absence of molybdenum in both drill holes suggest a separate mineralizing event from that which formed the Schaft Creek deposit. The combination of these drill results, the chargeability anomalies and mineralization in outcrop lends considerable support to the mineral potential of the Schaft Creek mineral trend."

Discovery Zone Drilling:
The weighted average grades for (DDH) CF426-2012 and CF427-2012 were estimated using a zero cutoff grade, for copper, see table below.

DDH ID Azimuth Dip From To Interval Copper (%) Gold (g/t) Silver (g/t) Molybdenum (%) CuEq (%)
CF426-2012 90 -60 76.55 767.66 689.11 0.16 0.04 0.81 0.003 0.21
including 76.55 123.65 47.10 0.24 0.05 2.05 0.001 0.29
including 476.50 658.40 181.90 0.21 0.05 0.68 0.003 0.26
including 702.06 767.66 65.60 0.24 0.04 0.94 0.004 0.29
CF427-2012 90 -60 428.12 764.84 336.72 0.24 0.14 0.57 0.006 0.36
including 509.00 556.00 47.00 0.62 0.59 2.02 0.006 1.01
including 511.00 523.00 12.00 1.23 2.12 6.36 0.019 3.54
Note: The core intervals listed in the above table do not represent true widths.

Diamond drill hole (DDH) CF-426-2012 located 256m east of (DDH) CF-422-2011 was completed to test the Titan-24 chargeability anomaly associated with the Discovery zone. The analytical results show significant but variable concentrations of copper and low molybdenum concentrations over the majority of the core length of this drill hole. Individual samples returned higher assay results in areas where molybdenite was observed in core.

(DDH) CF-427-2012 located approximately 400m northwest of (DDH) CF-426-2012 was completed to test the northern portion of the chargeability anomaly associated with the Discovery Zone. The upper portion of this drill hole from 8.0m to 428.12m returned highly variable copper concentration ranging from 0.02 to 0.34% copper over individual sample intervals. The core interval from 428.12m to 764.84m returned relatively consistent copper values with certain zones showing higher grades of copper over variable intervals. The core interval from 511.0m to 523.0m contains significantly higher grades of copper, gold and silver. The molybdenum concentrations in this drill hole are low with individual samples returning higher assay results in areas where molybdenite was observed in core.

2012 Drilling Program:
The 2012 drilling program to date totaled 2,206 m completed in six diamond drill holes. This is the first year that drilling was completed in these areas. Difficult ground conditions encountered in the Mike zone, (DDH) CF-429-2012 and CF429B-2012, and portions of the Discovery zone, (DDH) CF428-2012 and CF-430-2012) resulted in early termination of four of the drill holes from the 2012 exploration program before reaching the chargeability anomaly on both the Discovery and Mike zones. Analytical results for these drill holes are pending.

Feasibility Study
The results of the feasibility study for the Schaft Creek project are expected to be delivered in September 2012. The optimized mine plan has been completed. Sensitivity studies related to capital recovery versus daily mill throughput are being completed to select the optimal start-up scenario for the Schaft Creek project. The final phase of the feasibility study, the economic analysis, is expected to be completed in early September. The majority of the sections of the feasibility study have been drafted and reviewed.

Diamond Drilling and Sampling Procedures:
The diamond drilling was completed using an HQ and NQ core size. Overall core recovery was estimated to be greater than 98%. After cutting with a diamond saw, one half of the core is collected for sample preparation and analysis and the other half is retained for future reference. Sample intervals were selected based on lithology changes/alteration intensity/estimated mineral content and ranged from 0.73 to 3.10m. The majority of the sample intervals were 2.0m. Sample preparation was completed by ACME Analytical Laboratories Ltd ("ACME") located in Smithers, British Columbia and analyses were completed by ACME in Vancouver, British Columbia.

Base metals were assayed using the ACME's 7TD package which includes 4-acid digestion and ICP-ES finish. Lower detection limits are as follows: Cu >0.001%, Mo >0.001%, Silver values are determined by the 1EX with a lower detection limit of 0.1g/t. Gold is assayed by the G6 fire assay package - fusion of a 30-gram followed by ICP-ES finish; with a lower detection limit of 0.005 g/t. ACME has an 9001:2008 International Standard Organization rating.

Recoverable copper equivalent calculations are based on 88% of the copper content plus 81% of the gold content, 72% of the molybdenum content and 71% of the silver content. Metal prices are copper $US2.50/pound, gold $US1,075/ounce, molybdenum $US17.00/pound and silver $US16.10/ounce.

Quality Control
Copper Fox follows a rigorous Quality Assurance/Quality Control program consisting of inserting standards, blanks and duplicates into the sample stream submitted to the laboratory for analysis.

Elmer B. Stewart, MSc. P. Geol., President of Copper Fox, is the Corporation's nominated Qualified Person pursuant to National Instrument 43-101, Standards for Disclosure for Mineral Projects, has reviewed the technical information disclosed in this news release.

About Copper Fox
Copper Fox is a Canadian-based resource development company listed on the TSX Venture Exchange (TSX-V:CUU) with a corporate office in Calgary and an operations office in Vancouver and is involved in the exploration and development of the Schaft Creek copper-gold-molybdenum-silver deposit located in northwest British Columbia, Canada.

The Company is working on completing a feasibility study on the Schaft Creek mineral deposit, one of the largest undeveloped copper, gold, molybdenum and silver deposits in North America. The feasibility study is being led by Tetra Tech Wardrop on a minimum 120,000 tpd open pit mine and is expected to be completed by late summer, 2012.

Copper Fox holds title and a 100% working interest in the Schaft Creek project consisting of 52,843.36 hectares (130,579 acres). Included in this total are the "Schedule A" mineral tenures originally conveyed to Copper Fox pursuant to the option agreement dated January 1, 2002 between Teck Resources Limited ("Teck") and Copper Fox (the "Teck Option Agreement"), which consist of 8,334.34 hectares (20,594 acres). The "Schedule A" mineral tenures are subject to a 3.5% Net Profits Interest held by Royal Gold, Inc., a 30% carried Net Proceeds Interest held by Liard Copper Mines Limited ("Liard") and, together with the additional mineral tenures held by Copper Fox within the "Area of Interest" provided for in the Teck Option Agreement, an earn back option held by Teck. On completion of the feasibility study, Copper Fox will earn Teck's 78% interest in Liard. Teck's earn back option to acquire either, 20%, 40% or 75%, of Copper Fox's interest in the Schaft Creek property is triggered upon delivery of a positive feasibility study to Teck. Should Teck elect to exercise its option for 75%, Teck is required to fund subsequent property expenditures up to a total of 400% of those incurred by Copper Fox ($80.8 million to June 30, 2012) and arrange for project financing, including the Copper Fox portion. For full details of the Teck earn back option please refer to the Company's website

The remainder of Copper Fox's registered interests in mineral tenures in British Columbia total 44,509.02 hectares (109,484 acres). These interests have been acquired by Copper Fox through mineral tenure acquisitions and mineral tenure purchase agreements subsequent to Copper Fox entering into the Teck Option Agreement. Certain portions of these registered mineral tenures are subject to inclusion within the Schaft Creek project pursuant to the terms of the Teck Option Agreement.
Copper Fox is a Canadian based resource company listed on the TSX-Venture Exchange (CUU-TSX-V). Copper Fox was recently recognized by TSX Venture Exchange Inc. as a member of the distinguished TSX Venture 50(r) group where it had the distinction of being ranked first overall for 2010.

For additional information contact: Investor line 1-866-913-1910 or J. Michael Smith, EVP, at 1-604-689-5080

On behalf of the Board of Directors

Elmer B. Stewart
President & Chief Executive Officer

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.


Share RecommendKeepReplyMark as Last ReadRead Replies (2)
Previous 10 Next 10 

Copyright © 1995-2018 Knight Sac Media. All rights reserved.Stock quotes are delayed at least 15 minutes - See Terms of Use.