Providing coverage of Alaska and Northwest Canada's mineral industryMarch 2015
| Vol. 20, No. 12 | Week of March 22, 2015 |
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Mining News: Northern Neighbors: Schaft Creek JV plans $4.8M program
Copper Fox Metals Inc. March 17 provided an outline of the C$4.8-million program it plans for the Schaft Creek copper-gold-molybdenum project in northwestern British Columbia. During 2014, the Schaft Creek Joint Venture – Teck Resources Ltd. holds a 75 interest and Copper Fox holds a 25 percent interest in the JV – began a series of optimization studies on Schaft Creek. The objectives of the 2015 program are to continue these studies. This work will include additional infill sampling and re-logging of diamond drill cores that will be used for geometallurgical modeling, acid rock drainage investigations and additional field mapping. The JV also will evaluate key economic drivers for Schaft Creek, including grinding throughput rates; electrical demand; mine planning; land use concepts; site planning; water management; and tailings storage concepts. A 1,500-meter drill program also is planned to test the LaCasse copper-gold mineralization identified in 2014.
- Shane Lasley
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