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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: Smithers Presentation
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Mar 23, 2013 04:21PM
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Mar 23, 2013 04:58PM
Elmer and Cam were the two presenters. They made mention of the area of the failed drills from last year. They believe that the area at the top was covered by a large overhang rock slide many years ago. Because of the slide there is a lot of inconsistent density to drill through (like a pile of loose rubble). This causes the drills holes to blow out very easily, and this is the problem they had last year. Both Cam and Elmer were excited in that they think they've figured out how to successfully drill through the crap laying on top. If I were a betting man, I would bet that we will see them revisit this area for more drilling this year.
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