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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: Paramount

I've been busy re-reading old NR's on the 2011 drilling. If you gather up these NR's and read them together you start to get a sense of how much bigger the Paramount zone got and it is still open in many directions.

What really brings this home is this one statement from the Dec 12 NR:

...d) the grade of the 2011 diamond drill results received to date from the Paramount zone is 0.34% copper, 0.22 g/t gold, 0.034% molybdenum and 1.99 g/t silver which exceeds the average grade of the metals as set out in the current indicated mineral resource estimate [for Main & Paramount zones combined] (0.27% copper, 0.18g/t gold and 0.017% molybdenum) completed by AMEC Americas Limited.

2011 RE (all Zones)

2011 Paramount DDH Average grade

Difference

Cu

0.27%

0.34%

126%

Mo

0.017%

0.034%

200%

Wow! Moly is ~ 20% of SC's value

Ag

1.7

1.99

gpt

117%

Using 1.7 gpt in place of missing Ag in 2011RE

Au

0.18

0.22

gpt

122%


Apr 27, 2012 01:27PM

Apr 27, 2012 01:34PM

Apr 27, 2012 01:38PM

Apr 27, 2012 01:45PM
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Apr 27, 2012 02:09PM

Apr 27, 2012 03:03PM
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