The Conversation (0)
Copper Fox Metals Inc. (TSXV:CUU) announced its 2015 program on the Schaft Creek Joint Venture project in British Columbia, Canada. The company has an estimated budget of $4.8 million, which will consist of a continued optimization study which started in 2014, as well as an estimated 1,500m of diamond drilling on the LaCasse zone. Geotechnical/Geometallurgical modeling is also planned, which will include additional infill sampling and re-logging of diamond drill cores.
As quoted in the press release:
Geotechnical/Geometallurgical modeling
The scope of these studies include additional infill sampling and re-logging of diamond drill cores that will be used for geometallurgical modelling and definition of geometallurgical domains, sampling for lithogeochemistry and acid rock drainage investigations and additional field mapping.
Evaluation of Key Economic Drivers
This aspect of the 2015 program includes studies on comminution (grinding) throughput rates, electrical demand, mine planning to match throughput rates, land use concepts, resource model review, site planning, water management and various concepts related to tailings and tailings storage.
Exploration
This work includes an estimated 1,500m of diamond drilling focusing on copper-gold mineralization located in the LaCasse zone.
Copper Fox President and CEO, Elmer Stewart, said:
We are very pleased with the scope and scale of the 2015 program for the Schaft Creek Joint Venture. The continuation of the Optimization studies, commenced in 2014, as well as drilling the LaCasse zone are expected to deliver the results required to advance the Schaft Creek project.
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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