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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: Discount rate
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Jul 10, 2021 10:40PM
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Jul 11, 2021 01:20PM
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Jul 11, 2021 02:32PM
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Jul 11, 2021 06:40PM

Also, just like with Schaft Creek, with a mine the size contemplated for Galore you would require the flying-in of hundreds of workers beyond what the local workforce can fill.

Schaft Creek has a runway plan that will accomodate a 737 iirc for its daily/weekly import of labor.  Where would you land a 737 at the mountain peaks where Galore is?

All of the risks and limitations at Galore Creek makes me wonder if mining Galore is even logistically feasible without relying on Schaft Creek infrastructure.   Not 100% sure on this but just throwing that out there for discussion.   Maybe someone has studied the Galore PEA and knows how they will import the required labor.


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Jul 12, 2021 11:13AM
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Jul 12, 2021 11:49AM
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