Re: TIME FOR A NEW STRATEGY
in response to
by
posted on
Jan 31, 2020 05:53PM
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%)
A draft program has to be presented by Feb 28 of each year and can be suspended or terminated with joint agreement. Specific reasons were not identified, they only need agreement from both parties.