After-Tax NPV8 US$842.1 million ; IRR 12.9%Pre-Tax NPV8 US$1.4 billion ; IRR 15.2%Projected After-Tax Payback 4.8 yearsMetal Price Assumptions: Cu: US$3.25lb, Au: US$1,500oz, Mo: US$10.00lb, Ag: US$20.00oz Copper Fox Metals Inc. is pleased to announce the results of a Preliminary Economic Assessment for the Schaft Creek copper-molybdenum-gold-silver porphyry deposit located in Tahltan Territory in northwestern …
After-Tax NPV8 US$842.1 million (C$1.1billion); IRR 12.9%
Pre-Tax NPV8 US$1.4 billion (C$1.8 billion); IRR 15.2%
Projected After-Tax Payback 4.8 years
Metal Price Assumptions: Cu: US$3.25/lb, Au: US$1,500/oz, Mo: US$10.00/lb, Ag: US$20.00/oz
Copper Fox Metals Inc. (TSXV: CUU) (OTCQX: CPFXF) (“Copper Fox” or the “Company”) is pleased to announce the results of a Preliminary Economic Assessment (the “PEA”) for the Schaft Creek copper-molybdenum-gold-silver porphyry deposit (the “Schaft Creek Project”) located in Tahltan Territory in northwestern British Columbia. The Schaft Creek Project covers 55,779.56 ha of mineral concessions, located approximately 60 kilometers (“km”) south of Telegraph Creek near existing transportation and energy infrastructure. The effective date of the PEA is September 10, 2021, a technical report relating to the PEA will be filed on SEDAR within 45 days of this news release. The 2021 PEA will supersede all previous studies and incorporates the Updated Mineral Resource Estimate announced on March 22, 2021.
The Schaft Creek Project is...
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