Re: Company Contacts Re Timelines
in response to
by
posted on
Aug 20, 2012 11:27AM
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%)
Thanks THEMILLION for relaying the mssg from IR. I don't think they will tell someone on the phone that BFS delivery is anything different than the last NR.
I'm a bit puzzled by the drilling programme.
"[THEMILLION] also asked about the assays, and he told me that they have been in the labs for over 2 weeks and results expected shortly."
Two weeks? The first hole must have finished well over a month ago, the second hole (427) finished spinning on July 19th (per AGM). There really doesn't seem to be a hurry to drill and report this summer or there is some operational delay.
We are about half way thru the drilling season but only about 2/3rds thru the first 5000m phase or even less. Sure they've lost some drills but these delays relate to the completed jobs. The more assayed core the better.