Re: Drill program: Opinions
in response to
by
posted on
May 01, 2013 08:27AM
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%)
IMO they need Tecks position before they can plan drilling.
Once the position is taken, they will know how much money they have to drill before more dilution is necessary.
MoneyK