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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: Galore

But teck transferred teck land over to galore... Hard to see them selling it away.

Teck transferred the teckland properties to Galore so that they could renew the claims with work money spent on GC. They didn't want to attach them to SC because then we would have gained a 25% ownership of them.

When work is done on a specific claim, all the claims that string together touching each other out from that first claim can be renewed depending on the value of the work.

For example, the claims that Teck just renewed at Schaft Creek were extended to 2023 based on spending of approximately $4.3 million overall. With less money spent all the claims would have been extended for a shorter period.

By attaching the teckland claims to GC they were able to use about $6 million in expenses last year to extend those claims.

They probably got NG to buy into the claims. I think they both paid for aerial work last year. Anyway, they're not really worth much because they're unexplored and they are decades away from being drilled.

I suppose they could try and find a junior to do all the work for them...

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