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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: Why would Tech want two copper mines - CUU and the other half of Novagolds?
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Mar 03, 2012 08:34AM

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Mar 03, 2012 04:49PM

nothing says they couldnt use the same mill for two deposits.....it would really only cost them the price of expanding the Schaft Creek facility.

I asked Elmer this exact question at the Vancouver Conference and he said the Schaft and Galore deposits are so different, you could not use a common milling site.


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