TCK Lands around Shaft Creek
in response to
by
posted on
Jul 24, 2012 02:04PM
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%)
Is there any chance that TCK might do a similar deal and get CUU to explore all the adjacent lands, or is it just a given that what we have found extends to the other properties?
Just thinking that CUU is an explorer and TCK is a miner. It seems like a good relationship potentially going forward. They have the cash CUU has EE and ES. We keep exploring and tell them where to dig. Seems like a win - win to me.
Nut