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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: Emerita Resources
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issued their NI 43-101 Resource Estimate for their IBW deposit in Spain. The long term prices used are as follows:

Long term price assumptions are US$3000/t Zn, US$2300/t Pb, US$9500/t Cu, US$25/oz Ag and US$1800/oz Au

Unless there is a typo in the press release, $9,500/ton works out to roughly $4.30 USD per pound of copper !?! 

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