Copper Fox Metals Working with BC Hydro to Secure Power for Schaft Creek

Copper Fox Metals Inc. (TSXV: CUU) announced that they have entered into a facilities study agreement with the B.C. Hydro and Power Authority regarding the proposed power supply for their Schaft Creek project.

As quoted in the press release:

Pursuant to the Facilities Study Agreement, Copper Fox has requested transmission voltage service (69,000 kV and above) at the Schaft Creek project and BC Hydro will conduct a facilities study consisting of: (i) conducting preliminary engineering design to develop equipment specifications; (ii) developing a project plan that describes the Schaft Creek interconnection project and includes a schedule for implementation of detailed engineering, procurement, construction, testing and commissioning; (iii) developing a +/-30% cost estimate for implementation of the Schaft Creek interconnection project, and (iv) developing internal (BC Hydro) documentation for financial approvals to proceed with the Schaft Creek interconnection project.

To view the whole press release, click here.