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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: royalties
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royalties
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gbouman
Mar 23, 2017 04:54PM
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ducks
Mar 23, 2017 05:08PM
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CanadaG
Mar 23, 2017 07:25PM
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simc1
Mar 23, 2017 07:31PM

Most likely purchased from one of the prospectors who CUU uses to stake claims back then.  The deal was to pay them xx plus 2% NSR but there is a clause where JV can purchase half of it back at anytime.

 

Only royalty at sc was royal gold.  Othere ones were thorugh staking.  Thats why it shows SC north.

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ducks
Mar 23, 2017 09:14PM
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