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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: Production
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Teck also confirmed that Schaft Creek production has the potential for 161ktpa, which is very close to the 2013 production in CuEq.

I had concerns that the production might be reduced due lower grades, but very happy that this parameter should also not influence the NPV much.

IMO.

MoneyK

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