Re: SC PFS (2008) vs. FS (2013) and possible FS/PEA (2021)
in response to
by
posted on
Jan 23, 2021 04:55PM
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%)
I'm thinking mine life could be increased closer to 28 years.
In 2013, the calculation gave 19.6 years, but production slowed down years 11 & 16, probably for maintenance or something.
1293 MT at 133 000 tpd give me 26.6 years, so adding 1.4 years for maintenance would bring it to 28 years.
Any other thoughts?
MoneyK