Re: The Contract - Liddy
in response to
by
posted on
Feb 13, 2013 08:49PM
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%)
More importantly, the Discovery zone is 80% located within the Schedule A claims, as is 100% of Mike. I'm not sure how that would be negotiated under the Agreement. The Sched A lands go with the project n'est pas?
Map showing 2x2km adjacency (thick maroon line) and June 2012 claims. Also shown is the Schaft Creek Mineralized Trend and the known mineralized zones. Sched A claims are outlined in hot pink
http://www.flickr.com/photos/60356448@N04/8399869774/in/photostream/lightbox/