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Gold/Mining/Energy : Copper Fox
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From: brundall12/30/2014 1:10:47 PM
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Some new info was added to the Schaft Creek project tab on the Copper Fox website recently regarding the 2014 program.....no idea what the sentence in red means.....badly written as usual.

The Schaft Creek Joint Venture approved a 2014 program consisting of a comprehensive series of studies to review all aspects of the Schaft Creek project. The 2014 Schaft Creek program was estimated to cost approximately $2.5 million and is focusing on the following aspects to optimize the Schaft Creek project:
  • A potential initial 12 year mine plan focused on the Liard zone,
  • A series of studies including metallurgical, pit slope design, geological modelling and environmental aspects of the Schaft Creek project,
  • Mapping and core re-logging to gain a better understanding of the geotechnical and geometallurgical aspects of the mineralization over the first 12 years of mine life,
  • Geometallurgical modelling of the deposit and collection of additional metallurgical samples for variability testing can only be completed in 2015, and
  • Resource modelling and review of the precious metal content of the deposit are under review.
The 2014 field program at Schaft Creek located a new zone of copper and gold mineralization (referred to as the LaCasse zone) north of the Discovery zone with value from outcrop samples up to 1.56% copper and 1.3g/t gold over an area of interest that measures 1,300m long by 800m wide as well as identifying a new possible mineralized target south of the Schaft Creek deposit as well as extensions to the mineralization in three areas of the Schaft Creek deposit.
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