Re: Teck CUU agreement
in response to
by
posted on
Feb 22, 2012 03:23PM
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%)
I emailed the company today wanting to know if there was a 4 year clause, since I haven't seen it in any of the Sedar documents and Jason emailed back: