Re: VIRC
in response to
by
posted on
Jan 21, 2013 12:23PM
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%)
Seems to me that the reason for any disctinction in this language whatsoever, is that a larger project would be preferable, and be subject to a lower standard of economic qualification
We exceeded the size the lower standard by a factor of at least 2
..again I see a difference between what I believe Salazar says and how Elmer interprets it