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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: Has anyone considered
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Mar 20, 2012 08:44AM
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Mar 20, 2012 11:08AM

considering all of the potential issues I raised with the mine plan...

We still have some $32.4 B* in metals in situ with RE2011 and this can only be improved in grade and tonnage with RE3.

I think SC is a very viable project.

(some 'negative' folks either can't follow (ESL?) or like to twist my comments to their advantage)

*Cu $3/lb, Mo $15/lb, Au $1200/oz, Ag $23/oz @1.7gpt

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Mar 20, 2012 12:03PM
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