Re: NTL - A short history
in response to
by
posted on
Sep 29, 2014 01:21PM
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%)
Copper Fox signed the Facilities Study Agreement prior to the JV, and paid the costs. It was contractually agreed back in March 2013. It should have been completed already and probably will be reported to Elmer at the October JV.
The NR was referenced earlier: