Re: Teck's BMO slide presentation along with Project Satellite Summary is up on their website.
posted on
Feb 24, 2019 05:25PM
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%)
Nice to see that Teck acknowledge that CopperFox owns the other 25% of SC on the Project Satellite Summary,I haven't seen them metion us since the signing of the JV in any of their NR over the years.Looks like they will be trying to monetize these deposits somehow either by outright sale or equity partnerships,now is the time.