Re: Good news for us maybe. I know its not about Copper Fox...but then is it?
posted on
Jan 26, 2014 06:19PM
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%)
Grant/art75. The bolded portion of this references the marine loading facility (port). Need to confirm with Elmer if the port agreement is still in place or whether this agreement is now in place with Galore Creek.
The Galore Creek project is located in northwestern British Columbia, approximately 150 kilometres northwest of Stewart.
The Galore Creek project, as envisioned by a Prefeasibility Study (PFS) published in 2011, would be a large-scale open-pit copper-gold-silver mine which would provide ore to a process plant at a nominal rate of 95,000 tonnes per day or 34.6 million tonnes per year over an approximate 18-year mine life. Mining and mine rock facilities would be located in the Galore Valley. A tunnel would connect the mining facilities to the process plant and tailing facilities in the adjacent West More Valley. The process plant would produce a high-quality copper concentrate with significant gold and silver credits, using a conventional grinding and flotation circuit. The concentrate would be transported along the project access road to Highway 37, then along Highway 37 to a marine loading facility in the town of Stewart for shipment to various international destinations.