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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: Received from Mike
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Those would be million dollar holes and trigger a redo of the Resource Estimate and that would be 4 months and 10 million more. Time and money. So no, this was the best route by far. Why not prove up the rest of the resource with Tecks money. MIand Inf was almost 1.8 billion tonnes but the model cut off a number of block by smoothing. Then the inferred was labeled waste.
We can get it all back plus some

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Dec 24, 2012 01:38AM
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