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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: What about cost of production?
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Jan 09, 2012 11:53PM
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Jan 10, 2012 12:44AM
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Jan 10, 2012 01:06AM
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Jan 10, 2012 06:13AM

MES
Jan 10, 2012 09:23AM

Your numbers match up with mine. However don't expect to see numbers this good in the feasibility report. The feasibility report will use long term prices like $2.50 copper. It will also show the production cost over the life of the mine which will include all of the lower grades too. Even with these factors I still expect to see copper production costs close to zero.

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