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%)

Free
Message: Re: The 4 year clause - CUU isn't what Teck should be worried about

Chappy, all of those terms will be updated, by agreement within 60 days of the delivery of the BFS

Read Salazar 15.1, Definitive agreement

Teck needs to proceed with planning for a JV with CUU and negotiate a completely new agreement to replace the Salazar agreement

The agreements relative to things like that will be addressed during that negotiation and a new agreement is required, by existing agreement

Share
New Message
Please login to post a reply