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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: Why Drill East?
9
Jul 24, 2013 06:50PM

Jul 24, 2013 06:58PM

Yes. pretty much what I've been trying to explain.

* Our Feasibility was to get Teck on the clock.

* The EAA was not submitted because this mine won't be below 150,000 tpd and Teck as opertaor will submit it.

* The whole Paramount zone (not Liard zone) will be mined 1st. It's high grade and open at depth. To get to the depth they need to connect the West and East (thus confirm the East).

Again, look at the average grades on the West. Then factor in that the grades get better with depth and the chargeabilty anomaly goes below 800m. So far we have a 1 to 1 correlation between the signature and the drill results.

Then you have the root zone / source under Mount Lacasse,,,

If the east side of the same chargeability is like the west (and should be) it's a bonanza.

What happens while Teck is discovering this or after it's announced....

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Jul 25, 2013 10:06AM
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