Re: BHP and Lundin buy filo Mining 4.1B

Welcome To the Copper Fox Metals Inc. HUB On AGORACOM

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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golfyeti

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Re: BHP and Lundin buy filo Mining 4.1B

in response to

Re: BHP and Lundin buy filo Mining 4.1B

MoneyK

posted on Aug 01, 2024 12:22PM

A couple of 1% CUeq drill holes "unlocks a district"? That's quite the stretch. Facts show that their project has a pathetic 13-yr mine life.

SC drill holes skirting 'Big Red' came up with long stretches of near 1% CUeq. You know SC is brutally underexplored and underconfirmed with the near-zero dilling Teck has done in 11 years. I'm pretty confident the best parts haven't been drilled.

With the massive advances in the prices of by-product in the last decade; au, mo, ag, I'm sure those long stretches at SC are above 1% CUeq today.