Re: Another week- no news
in response to
by
posted on
Aug 14, 2021 03:31PM
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%)
Teck should not evaluate and compareĀ projects IRRs only based on 43-101s.
With SC, they should have many options to bring it into production with minimal to no funds required.
Thats the beauty of having Gold and a very low C1 cost.
MoneyK