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Copper Fox Metals Announces 2016 Schaft Creek Program

Matthew Spizziri
Mar. 30, 2016 07:35AM PST
Base Metals Investing

Copper Fox Metals Inc. (TSXV:CUU) announced an outline of the 2016 program planned for the Schaft Creek project located in northwestern British Columbia.

Copper Fox Metals Inc. (TSXV:CUU) announced an outline of the 2016 program planned for the Schaft Creek project located in northwestern British Columbia.
As quoted in the press release:

Highlights:

  • Estimated cost of the 2016 program is approximately $0.7 million,
  • Resource modelling of the Schaft Creek deposit,
  • Environmental monitoring, and
  • Permitting and Social aspects of the project.

Resource Model
This aspect of the 2016 work program includes incorporating the work completed in 2014 and 2015 to update the resource model for the Schaft Creek deposit. This phase of the program will emphasize getting a better understanding of the precious metals content of the deposit.
Environmental
Ongoing environmental monitoring of the project is planned in 2016. This work will include the services of external consultants and will continue with field data collection including humidity cell tests and other environmental base line data.
Permitting/Social
This consists of an application for a Multi-Year Area Based Permit. These permits are for a period of five years and are intended to streamline the consultation and application process related to exploration of resource properties. The 2016 program also includes ongoing consultation with the Tahltan First Nations on social and cultural matters.

Copper Fox Metals President and CEO, Elmer B. Stewart, stated:

The work planned for 2016 is an extension of the past three years of work at Schaft Creek and will provide the Schaft Creek Joint Venture (“SCJV”) with a better understanding of the project. We are very pleased with the progress to date on the Schaft Creek project.

Connect with Copper Fox Metals Inc. (TSXV:CUU) to receive an Investor Presentation.

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