Re: Out of left field
in response to
by
posted on
Jul 09, 2012 01:07PM
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%)
Vette, you think we're selling with discovery zone and we'll get a nice amount for this also? So, no cuu 2 in this area means we'll get a nice premium for potential on top of everything else (RE2, 4 y clause, Liard shares etc...?
Yes...I think CUU,s is selling all, and keeping the name...and just grabed a couple Bilion pounds of copper for pennies...The other company was going down, had no money left, look at the balance sheet.....
Sombrero Butte (Porphyry source is deep underground)
http://www.bellcopper.com/s/Sombrero_Butte.asp?ReportID=300753
(Elmer will take care of the next Phase...) And I'm told those cores did not get sampled for other metals....
Next Phase
* Completion of ground magnetic and radiometric surveys
* Surface rock geochemistry
* Stream sediment mineralogy
* Geological Mapping
* Permitting and Further Drilling
Van Dyke
http://www.bellcopper.com/s/News_Releases.asp?ReportID=393999
The Van Dyke project contains 1100 acres of patented ground and was developed in the early 1900s when a shaft was sunk to a depth of 1692 feet. The mine produced 11.8 million pounds of copper between 1929 and 1945 from azurite, malachite, chrysocolla and tenorite ores grading just over 5.0 % Cu per ton
Forty-six of these holes were used to estimate a non-NI43-101 compliant, historical resource of 112,000,000 tons at a grade of 0.52% copper.
Obviously Elmer likes them...