Re: Update......... Emails from Elmer
in response to
by
posted on
Nov 11, 2012 11:59AM
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%)
5) Finally - now where Teck has acquired most of the land between Galore and SC do they need major infrastructure at Galore (tunnel etc) to possibly transport high grade material from Galore to SC or can it be done "just" by road? (I am not sure what Teck’s plans are with respect to northern BC. In my opinion moving the material from Galore Creek to Schaft Creek for processing would not make economic senses due to the cost incurred in transportation. Also to use a common mill facility would require that the mineralization in both deposits are similar and respond the same to the milling process. Also there is the issue with tailing disposal, combining the two operations would make this an issue with the regulators.)
Agreed that combining operations might be difficult to do for some components like disposal but there are certainly advantages of having two deposits working in synergy one next to the other... same roads, same electricity lines, staffing sharing or cooperations, combination of warehousing or transport of minerals.. etc.. my two cents