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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: 4 year clause?
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MES
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Mar 13, 2012 07:46AM
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Mar 13, 2012 08:41AM

Mar 13, 2012 01:19PM

My understanding is:

If / when TCK opt in for 75% of the SC Deposit, they have 4 Years by Contract conditions to Build & start-up the Mill on Site....More likely they buy us out, c/w recent acquistions, as this is a very tight Time-line.

SB


Mar 13, 2012 01:34PM
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Mar 14, 2012 08:44AM
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