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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: Using Highland Valley's 2010 Cost as a Benchmark to est. Schaft Creek's Profit

These numbers are fine if you include the silver at 1.8 grams/ton and rhenium at 0.0026g/t. I'll have to confirm the rhenium number but I seem to recall this as being correct. I would also calculate it at 150Gt/d. Our mill cost is slightly less because of the new equipment. (all equipment and the techniques involved).

There a few other small details that help reduce the payback period. I've been told that we don't have the books on HV's rhenium

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