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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: Don Lindsay: Teck Q2 Earnings Transcript

My thoughts exactly as I read through it Chappy. Schaft looks better and better all the time, ie. it's a relatively 'safe' play with no big issues waiting to halt the progress. I wouldn't be surprised if some tacit support had already been given (wink, wink, nod, nod) if the warehouse has been built in Stewart.

I like the idea of Teck starting with Schaft, then branching out to the surrounding claims which maybe aren't quite a simple in the coming decades. (eg. Galore, Teckland, maybe buy DOK?)

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