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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: Re: Interesting
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Aug 24, 2012 07:45PM
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Aug 24, 2012 08:14PM
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Aug 25, 2012 06:03PM
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Aug 25, 2012 08:06PM
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Aug 25, 2012 08:16PM

I believe you are correct Orcinus. Our location is significantly better compared to Galore Creek.

I found the comments about Highland Valley quite interesting because labour is a significant factor in the costs of operating a mine. Not only the costs, but also the ability to actually find 800 or so skilled employees.

I was reading on a Highland Valley website that they have approximately 880 employees and the mine will be in operation until 2020. That is a further 8 years from now and would very nicely enable Teck to move already trained employees, and residents of BC, into the new project at Schaft Creek. It seems to fit very nicely.

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Aug 25, 2012 08:58PM

Aug 25, 2012 09:18PM
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Aug 26, 2012 12:43AM
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Aug 26, 2012 12:48AM
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