Re: (Eaglehead 2015 plans)
in response to
by
posted on
Apr 17, 2015 01:51PM
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%)
2015 plans
-ExploraIon plans underway, to include: expanded geophysics & infill drilling
-Correlate data and create updated geological model
-Expand geophysical survey to include remaining known mineralized zones
-Resource and exploraIon drilling
-Updated Resource calculaIon
-Start Preliminary Environmental Baseline studies
Next Steps:
-To expand the size and scale of the Eaglehead
-ConInue to drill along strike to refine the mineralized zone and geological model
-Increase and upgrade the current resource esImate
-Re-evaluaIon of the Titan-24 results to bemer define mineralized and non-mineralized areas Commencing preliminary environmental baseline studies
-Re-logging and re-sampling of historical drill holes to bemer define the geological model including alteraIon, structure and sulphide speciaIon
-2015 plans include drilling and Titan-24 surveys which will be finalized aoer compilaIon of 2014 results
2016 plans
1) Expand and relocate Camp
2) Resource and exploraIon drilling
3) Begin Preliminary Economic Assessment (PEA)