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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: Drill Plan
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Jul 18, 2013 12:11PM
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Jul 18, 2013 10:11PM

"From what I can read the Feasibility doesn't recommend 10,000 meters of drilling in Phase 1 or in Phase 1 & 2 combined. The presentation is emphasizing moving the waste into measured. Elmer said something about how that would be done as part of the work Teck was about to do. They did say that Teck was going East to test the anomaly, whereas the FS seems to be emphasizing the West and North of Paramount. I guess we have to wait for a more detailed description of the work that is intended. The FS also recommended another Titan survey "eastwards towards Mount LaCasse."

The caller asked Elmer if the 171 million tonnes was going to be drilled and Elmer said "part of the drilling program was to test the mineralization in the eastern extension of the Paramount zone and if it was mineralized for several hundred metres then we would convert some waste to mineralization"

Kind of sounds like Elmer gave away part 2 of the drilling program.

The majority of the 171 milion tonnes is in the Main/Liard zone.

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