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Copper Fox - Minerals North

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Schaft Creek Highlights<br />

• Net Present Value estimated to be $662 Million<br />

(2006)<br />

• Preliminary Pit (2005)<br />

– designed for quick payback of capital expenditures<br />

– scheduled to produce 62,000t copper & 145,000 oz<br />

gold for 15 years<br />

• Plans for 2007 include a pre-feasibility study,<br />

further drilling and advancing the permitting<br />

process

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