Re: Indirect Holding is the key
in response to
by
posted on
Mar 22, 2012 11:37PM
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%)
5.1
c) permit Teck or it's representatives access to the Property at all reasonable times and to all records prepared by Salazar in connection to the work done on or with respect to the property and furnish Teck with any curent reports and information on any material results obtained;
e) present work programs for Teck Cominco review and comment;
f) seek Teck Cominco approval for major engineering firms , contractors and consultants to be used on the Property;
These points reverse after the Feasibility is delivered up until the point that Teck completes their earn-back.