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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: News
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Oct 28, 2014 07:58AM
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Oct 28, 2014 12:26PM

So the planned 25 more holes were not for a resource estimate (expanding resources).

What are these holes you speak of? I thought VD was essentially a two-hole project where you sluice stuff down one hole and pull the copper out of the other? I'm not paying that much attention to it so maybe I've gotten it wrong.

I do know the historical estimate showed about 1.2 billion pounds of copper. Compare that to our share of Schaft Creek at 1.4 billion pounds of copper and it is starting to look quite good for the price we paid.

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