Re: Partner probably funding the whole thing?
in response to
by
posted on
Jan 03, 2013 04:37PM
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%)
The "1 percent of land" is very misleading. First of all, that likely only counts the land from the open pit and ignores the land required for the infrastructure and tailings pond. Second of all, that 1 percent happens to be the most accessible and economic land on our project.