Re: So can we apply the 3.5 to 4 cents for copper in the ground to CUU to determine.
posted on
Nov 02, 2012 03:21PM
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%)
No, 33% of the value is normal for a top end deposit here. You have to differentiate. Az will be a deposit alone not an entire mine.