Re: Copper Fox Feasibility - Measured vs Inferred vs reality-Cross
in response to
by
posted on
Dec 27, 2012 12:20PM
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%)
"When the drills were shut down early quite a few figured it was due to a pending deal with teck."
That was my sense as well
Elmer calls whever he talks to at Teck and says you want is to go ahead and pump several million more into the drill program which you will pay 4X for when you back in, or are you satisfied the metal is there, will credit it in our negotiation and then you can drill it at actual cost after the back in....
We really do need to see have Teck show it's hand....