Re: SP attack - Spoke to Cathy
in response to
by
posted on
Mar 27, 2013 01:29PM
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%)
If we are waiting for Keevil's response, then this is from 1979 ''Mining man of the year'' Norman B Keevil
(PS: notice the same hard mining times)
''The past decade has not been easy for Canada's mining community. While many of the biggest and best were forced to retrench in the face of soft markets, tight money and tought goverment restrictions, new mines were few and far between''
Throughout these though times, however, one company consistently gas bucked slow-growth trend. Over the last five years,. Teck corp, the brainchild of veteran geologist Norman Keevil has brought not 1 but 3 new mines to fruitition
''We've got good inventory of projects to keep us busy over the next few years, but it's important to replace the developed inventory so we never have to scramble for the next deposit
The key ingredients in building a major company are good deposits that can be developed, good people who can do this properly
Also waiting to be developed is the Schaft Creek copper-moly-gold deposit in northern BC
''The richness of Schaft Creek's copper grade is pretty dramatic Dr.Keevil Jr says. Despite the high cost, the development date probably would be earlier if there were power in the area, he adds. However hopes for a new BC Hydro plant so far are just that , hopes''