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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: Mining District

Back in the days of yore, we used to speak of the Schaft region as a mining 'district' with much untapped potential...that only a portion of the claim has been adequately explored and that there is (supposedly) much more potential there that has been essentially ignored to date.

This led to much conjecture that any sale should include at least an extra dollar linked to that unexplored territory.

I haven't heard any discussion around this for a few years. Have we collectively discounted the value of that unexplored 'district'?

 

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