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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: Teck is watching us - see page 11

Nice find. Anyone know if this is the first instance where Teck has made known the existance of Shaft Creek?

The first mention of Schaft Creek, was made by the main Teck A shareholder (over 51%)...

The current executive chairman of Teck...Norman B Keevil.

''The company will kick off the coming decade with the start up of yet another large project – it’s Highmont copper-molybdenum mine in B.C. Three more Canadian development proposals (B.C.’s Bullmoose coking coal deposit and its Schaft Creek copper-molybdenum-gold property along with Ontario’s Montcalm nickel-copper deposit) are waiting in the wings.

Also waiting to be developed is the Schaft Creek copper-molybdenum-gold deposit in northern B.C.,.

The richness of Schaft Creek’s copper grade is “pretty dramatic,” Dr. Keevil Jr. says. Despite the high cost, the development date probably would be earlier if there were power in the are, he adds. However, hopes for a new B.C, Hydro plant near the site so far are just that – hopes.''

http://www.republicofmining.com/2009/01/10/the-northern-miner-1979-%E2%80%9Cmining-man-of-the-year%E2%80%9D-norman-b-keevil-jr/

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