Re: Spoke with Management about BFS.......
in response to
by
posted on
Oct 27, 2012 05:23PM
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%)
Here is a list of the 27 sections found in the KSM preliminary feasibility study completed by Tetra Tech. It's likely our BFS will have very similar sections:
1.0 SUMMARY
2.0 INTRODUCTION
3.0 RELIANCE ON OTHER EXPERTS
4.0 PROPERTY DESCRIPTION AND LOCATION
5.0 ACCESSIBILITY, CLIMATE, LOCAL RESOURCES, INFRASTRUCTURE, AND PHYSIOGRAPHY
6.0 HISTORY
7.0 GEOLOGICAL SETTING AND MINERALIZATION
8.0 DEPOSIT TYPES
9.0 EXPLORATION
10.0 DRILLING
11.0 SAMPLE PREPARATION, ANALYSES, AND SECURITY
12.0 DATA VERIFICATION13.0 MINERAL PROCESSING AND METALLURGICAL TESTING
13.0 MINERAL PROCESSING AND METALLURGICAL TESTING
14.0 MINERAL RESOURCE ESTIMATES
15.0 MINERAL RESERVE ESTIMATES
16.0 MINING METHODS
17.0 RECOVERY METHODS
18.0 PROJECT INFRASTRUCTURE
19.0 MARKET STUDIES AND CONTRACTS
20.0 ENVIRONMENTAL STUDIES, PERMITTING, AND SOCIAL OR COMMUNITY IMPACT
21.0 CAPITAL AND OPERATING COSTS
22.0 ECONOMIC ANALYSIS
23.0 ADJACENT PROPERTIES
24.0 OTHER RELEVANT DATA AND INFORMATION
25.0 INTERPRETATION AND CONCLUSIONS
26.0 RECOMMENDATIONS
27.0 REFERENCES
It's great to hear that 24 out of 25 sections are complete. However, the economics are the only section that really matter so I hope we get that wrapped up soon.