Copper Fox advances Schaft Creek studies toward prefeasibility assessment
Bitget2026/10/19 10:04- Copper Fox Metals advanced its C$ 9.1 million 2026 program at the Schaft Creek copper project in northwestern British Columbia.
- Teck Resources operates the joint venture with a 75% stake; Copper Fox holds 25%.
- Metallurgical testing is evaluating processing options to improve metal recoveries, define energy requirements and assess mill throughput.
- The venture initiated tailings and water-management studies, with an access-road trade-off study also underway.
- The technical program aims to reduce development risks and establish a foundation for a prefeasibility study.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
SoftBank Group’s credit risk rises to a four-year high, as AI bets and acquisition rumors heighten leverage concerns
Due to increased market concerns over AI-related financing and potential large-scale acquisitions, SoftBank Group's credit risk indicator—the credit default swap (CDS)—has risen to its highest level in nearly four years.
Microsoft (MSFT.US) faces a "higher bar" after its rebound! Morgan Stanley remains bullish: Azure growth and Copilot commercialization are key drivers, target price set at $600
Morgan Stanley stated that Microsoft's stock price has recently rebounded, so the tech giant will face a "higher hurdle" if it wants to maintain its upward momentum.
Report: OpenAI plans to accelerate fundraising before Anthropic goes public
OpenAI is racing against time—in order to secure funding ahead of rival Anthropic’s IPO, the company has significantly compressed its fundraising timeline, aiming to complete approximately $30 billion in private financing, which could push its valuation past $1.4 trillion upon completion. Major investors such as SoftBank and MGX are already engaged in discussions. Both AI giants are targeting trillion-dollar valuations, and their largely overlapping investor bases are being forced to make simultaneous bets on both ventures within just a few days.
Crypto prices
More
