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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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Nov 06, 2015 06:21AM
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Nov 06, 2015 08:56AM
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Nov 06, 2015 09:27AM
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Nov 06, 2015 09:36AM
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Nov 06, 2015 09:52AM

I agree with your interpretation GY, that just those aspects of the optimization work will be completed by year end. I think Radagast posted the other day that the metallurgical component of the optimzation studies would be completed by the end of the month with the report by January. This is a big one, as any change in recoveries would affect the NPV significantly.

My question is, what is left to complete? Off the top of my head, I think we are winding up what they said they would do for the optimization, including the new LaCasse zone drilling, which wasn't part of the original schedule of work.

If we are close to winding things up then let's see the new value of the deposit please. And soon.

K

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Nov 06, 2015 10:23AM
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