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CUU own 25% Schaft Creek: proven/probable min. reserves/940.8m tonnes = 0.27% copper, 0.19 g/t gold, 0.018% moly and 1.72 g/t silver containing: 5.6b lbs copper, 5.8m ounces gold, 363.5m lbs moly and 51.7m ounces silver; (Recoverable CuEq 0.46%)

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Message: Re: Silly comments about capex abound - Galore Capital Costs and Op-Ex

For your information...Galore.

Any thoughts on Operating Costs as we would be processing more ore.......?

CAPITAL COSTS

Table 21-2: Restated Capital Cost Estimate

Mine $ 357

Plant $ 835

Tunnel $ 580

Total Direct Costs 2,470

Mine and Pre-production Costs $582

Indirect Costs $1,320

Owner’s Costs $111

Contingency $678.

Total Capital $5,160

Note: Numbers may not sum due to rounding.

Table 21-4: Restated Operating Cost Estimate

Area $ per tonne milled

Mining 6.70

Process 5.76

Port 0.16

Corporate 1.56

Infrastructure 0.16

G&A 0.73

Total 15.07

http://www.gcmc.ca/upload/technical_reports/Galore_Creek_NI_43-101_2011_Final.pdf


Nov 14, 2011 09:07PM
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