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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: Teck's flying this morning

Sep 07, 2012 11:33AM

Sep 07, 2012 11:36AM
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Sep 09, 2012 09:53AM

Am I wrong to compare the two???

We won't know for sure until the BFS is released, but we do know that the terrain near Schaft Creek is vastly different than Galore Creek. This significantly impacts the site layout and costs. In addition, here are a few other key differences:

Potential Acid Generating Rock - affects tailings management and environmental concerns

Galore Creek = 25%

Schaft Creek = 5%

Precipitation - affects the tailings management

Galore Creek = 3000mm

Schaft Creek = 1000mm

Concentrate Grade - reflects the quality of the final product

Galore Creek = 28%

Schaft Creek = 33% (PFS numbers)

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