Re: Newmont acquires GT Gold Corp
in response to
by
posted on
Mar 11, 2021 11:48AM
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%)
Great perspective!!
Maybe third party involved?
Copper Fox sells 25%
Teck sells 25%
New partner gets 50%.
Like Teck has with galore and other projects. 50/50 partnership. Teck style mining.