Re: Disappointing
in response to
by
posted on
Jun 06, 2012 04:30PM
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%)
Why is everyone saying there is no drill plan? Did something change since their news release dated May 24th?
"Diamond drilling of the Discovery Zone (DDH CF422-2011) located approximately 1,200m northwest of the Schaft Creek deposit is expected to commence in early June, subject to snow conditions.
The diamond drilling is planned to commence on the Discovery Zone located approximately 1,200m north of the Schaft Creek deposit to test the width and strike extent of the mineralization intersected in 2011 associated with a large Titan-24 chargeability anomaly. Three to four drill holes are planned to confirm the extent and continuity of the copper-gold-molybdenum-silver mineralization in this zone. A similar drill strategy will be utilized for testing the Titan-24 chargeability anomalies associated with the Mike, ES and GK zones. Detailed mapping and sampling of the ES and GK zones is planned to establish the relationship between the mineralization on surface and the chargeability anomaly prior to drilling."