Re: Contract Discussions (A couple things)
in response to
by
posted on
Feb 12, 2013 01:44AM
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%)
You are confused. 180,000 tonnes is how many tonnes of ore they will mine and process a day. They will only produce and truck 1236 tonnes of copper concentrate a year.
One or two trucks an hr is not a 'huge amount of traffic' by any measure. I have been on that HWY.
Triple that traffic (which it wont') for the other mines (they aren't as big as Schaft) and you still don't have an issue.
There is no concentrate pipeline considered for Schaft. The galore concentrate pipeline only goes to the hwy at Bob Quinn.