The Conversation (0)
Copper Fox Metals (TSXV:CUU) reported that a Preliminary Economic Assessment on the Van Dyke copper project in Arizona is set to begin immediately. Moose Mountain Technical Services has been tasked to complete the PEA.
As quoted in the press release:
Objectives:
- completion of a conceptual study (Scoping Study) that includes an independent preliminary scoping level engineering analysis of the project, provide an estimate of potential value of the project based on certain input parameters, provide an estimate of operating costs; as well as capital and sustaining costs,
- provide a conceptual plan on the timeline and development of the project as well as an operations plan, the study is expected to be completed during or before the fourth quarter of 2015, and
- the study is estimated to cost in the order of $750,000.
Mr. Stewart, President of Copper Fox stated, “We are pleased that the work completed in 2014 including the recovery and review of the historical data is sufficient to allow completion of a Preliminary Economic Assessment on the Van Dyke oxide copper deposit. The work on the Preliminary Economic Assessment will commence immediately with the view of completing the study in 2015.”
In addition to MMTS, Knight Piesold Ltd., Greenwood Environmental Inc., Schlumberger Water Service and Ray V. Huff and Associates have been retained to provide input on various portions of the PEA.
Click here to read the Copper Fox Metals (TSXV:CUU) press release
Click here to see the Copper Fox Metals (TSXV:CUU) profile.
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