Re: Copper Fox Files Positive Feasibility Study on Schaft Creek Project
posted on
Feb 04, 2013 11:36AM
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%)
apology if already addressed:
From what I understand from may earlier discussions with Mike the bankable feasibilty study is the same and feasibilty study. The regulator (CSA) now prefers (or requires) the use of just the term "feasibility study" in official filings. CUU was using the "bankable" in their earlier NRs becaus that term was used in the original conracts with TECK.