Energy & Mining International - Spring 2013 - (Page 138)

E M I SPRING 2013 C O P P E R F OX M E TA L S I N C . CAN ADA ‘A Revenue Generator’ Copper Fox Metals is an emerging junior resource company that is pleased with how the Schaft Creek Project is progressing. • Vancouver “We just have to do the drilling.” // ELMER STEWART, chairman, president and CEO Copper Fox Metals has bult good relationships with> First Nations peoples in the area of its Schaft Creek project.. [ B Y S T A C I D AV I D S O N ] The Schaft Creek Project in northwestern British Columbia has been extensively explored and drilled since its discovery in the 1950s, but it remains one of Canada’s largest undeveloped copPROFILE Copper Fox Metals Inc. | Headquarters: Vancouver | Service: Exploration and development 138 per-molybdenum-gold-silver porphyry deposits. This is why when Copper Fox Metals – a small, private entity – got the option to acquire a 100 percent working interest in the project from Teck Resources in 2002, Copper Fox went public and moved forward on what it saw as a lot of potential in Schaft Creek. “This project primarily has copper, gold and silver concentrate, and it has a five-year development time, although we think we can shorten that with concur- rent activities,” Chairman, President and CEO Elmer Stewart explains. “Our study shows the initial mine life to be 21 years with 941 million tons of reserves. The feasibility study says it has 171 million metric tons of inferred resources, and if we can upgrade those to indicated or measurable resources, it will become a revenue-generator instead of an expense. We just have to do the drilling.” The Schaft Creek Project is located about 28 miles west of the Stewart-Cas-

Table of Contents for the Digital Edition of Energy & Mining International - Spring 2013

Energy & Mining International - Spring 2013
Washington, D.C.
Independent Exploration
Drilling Down
Pipeline Infrastructure
Marine Oil Terminals
Eagle Ford Shale
Monterey Shale
Marcellus Shale
Bakken Shale
Monitoring Fracking
Compliance Abroad
Public/Private Sales
Qv21 Technologies
PVR Partners LP
Lake Truck Lines
Aurcana/Rio Grande Mining Co. – Shafter Mine
Ruder Ware
Legacy Steel Buildings
Mineral Park Mine/Mercator Minerals Ltd.
Hearn Trucking LLC
John Fithian Contracting Co.
Chemex LLC
Global Diving & Salvage Inc.
Gold Spur Trucking
TAM International Inc.
Industrial Minerals Focus
The Mouat Company
Hi-Crush Partners
Mill Creek Sand and Gravel/Peaskie Minerals
Del Sol Industrial Services Inc.
Market & Johnson
Fortress Proppants
Canada Focus
Strategic Oil & Gas
Copper Fox Metals
Standard Machine
Gold Reach Resources
Treasury Metals Inc.
Canadian Zinc
Havlik Gear
The Final Shot

Energy & Mining International - Spring 2013