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Copper Fox Metals ( (TSE:CUU) ) has shared an announcement.
Copper Fox Metals has announced its 2025 program for the Schaft Creek project, aiming to transition from the Scoping stage to the Preliminary Feasibility Study stage. With planned expenditures of C$15.8 million, the program includes technical model reviews, completion of geotechnical and hydrogeological models, and field activities such as environmental and archaeological assessments. The announcement highlights that pre-production costs have surpassed C$60 million, with Teck Resources covering further costs, impacting Copper Fox’s financial obligations and potentially reducing future payments.
More about Copper Fox Metals
Copper Fox Metals Inc. operates in the mining industry, focusing on the exploration and development of porphyry copper-gold-molybdenum-silver projects. The company is involved in the Schaft Creek project in northwestern British Columbia through a joint venture with Teck Resources Limited.
YTD Price Performance: -13.79%
Average Trading Volume: 112,416
Technical Sentiment Consensus Rating: Hold
Current Market Cap: C$142M
Learn more about CUU stock on TipRanks’ Stock Analysis page.
