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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: Another IP Survey news release

I noticed they highlighted "Northern Fox Copper Inc" in the last PR.

 

That stuck out to me too, but the whole desert for/northern fox doesn't really work since the two plays that are salable are each a part of each division.  I think if VD and Schaft were in one subsidiary and the other 3 in another it would make much more sense as one could be kept and the other sold.  The fact we are going ahead with EH IP survey tells me we aren't selling the whole company or even "Northern Fox", or at least soon.  If we were, why would we be starting new work there?

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Jul 14, 2021 03:48PM
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