Re: Teck opts out to increase interest in Fort Hills...
in response to
by
posted on
Sep 22, 2015 10:22PM
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%)
“That is where you are not correct; TECK will have a partner for 25% of SC that WILL NOT share the costs at all. TECK is responsible for all costs all the way to production…”