Re: Jim Gray--Galore Creek
in response to
by
posted on
Sep 23, 2012 04:24PM
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%)
"For some reason I don't think Teck is going to be angry that we found billions of pounds of copper for them"
.. and confirmed them, to a large degree, that their (i.e., TECK) earlier view that there was a copper distict (er. province) was correct. The beauty is that it really did not cost them that much to do so.