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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: Resource exploration: Buyout announced

Not sure how I have missed this before, but anyone saying it can't happen because its "under a city" seem to be a tad off on that statement.

Less of a city and more of a village maybe. I think their declining population is under 1784 people.

The ore is underneath many of the homes and I think they do not have mining rights over the top 500 feet or metres or whatever it is. They can't have an open pit mine and I doubt they would mine underground there. The other mines in the area are using ISL, and since it costs about $1 per pound and has very little clean-up costs after the mine is finished it seems like the most likely way to proceed.

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