Re: (Eaglehead 2015 plans)
in response to
by
posted on
Apr 20, 2015 08:10PM
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%)
As a follow-up to this post by YoungMoney I wanted to clarify that the information came directly from the Carmax presentation. (In hindsight I guess we should have all checked the Carmax website for information.)
http://www.carmaxmining.com/_resources/presentation/CMX_OCT2014_Final4.pdf
At that point, October 2014, they must have been throwing around ideas of where to go next. We'll have to see when the approved plan is announced what they have decided but, as I said earlier, they told me they were going to focus on core re-logging.