Re: VETTES PREVIOUS TALK WITH ELMER - Hi WG
in response to
by
posted on
Feb 21, 2013 05:34PM
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%)
It's not just the drill season that adds a sense of urgency to Teck's decision. Long lead items and financing both have to be take place fairly soon if we want to hit our development schedule.