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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: QB2 is nice...
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Nov 15, 2020 08:32AM
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Nov 15, 2020 09:20AM
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Nov 15, 2020 10:04AM
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Nov 15, 2020 01:32PM

Teck likes to de-risk it projects by taking on a partner and keeping control as the operator.

Also Teck has already stated there will be a QB3 and possibly QB4 all using the same the same infrastructure.. I believe their partners would have to pay up for the next stages.

So overall QB is the better project and that's why money was spent on it.. I still believe Schaft Creek/ Galore creek will go ahead at some point because of the demand for copper.. Who knows which decade that will play out 

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Nov 15, 2020 02:13PM
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Nov 15, 2020 02:45PM
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