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IMO, watching the video below of the Subscribers Investment Summit held in Vancouver 2012, might provide possible answers as to why Teck/CUU is currently drilling on the East.
http://www.youtube.com/watch?v=SoTs90JIiWM
Here are some of the key points I got from the presentation. I'm not quoting verbatim but providing a gist of what I am understanding to avoid any unfavorable remarks. I'm sharing to be helpful with information I run across that might help others.
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- Schaft Creek project is probably the largest undeveloped project in North America. We don't know how big it is. Paramount zone is open to east, north and at depth.
- 2012 rilling results of Discovery Zone (2 kilometers north of Schaft Creek), confirmed it was a different system of copper and gold, no molydenum.
- Considerable amount of copper exposed with geophysical signature as ES and GK zones. It was Elmer's opinion that he's no longer looking at a single deposit project but a multiple deposit one.
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Could additional drilling be to:
- Find out how big is the project?
- How many different systems are there?
- How many deposits and minerals?
- Where is the main source?
- Volume/tonnage/value, etc.
