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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: Re: Pinto Valley
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Apr 29, 2013 11:03AM
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Apr 29, 2013 12:40PM

They seem to be counting on leaching the low-grade stockpiles to extend the mine life. It seems like a lot of money for a short-term operation. I wonder what they do with the railroad after the mine closes? They are now required to pay for the costs of reclamation at the end of the mine.

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I did say in my message "unless there are some other problems with the mine".

Thanks for the additional info Prospekt - I was wrong, not the steal of a deal I originally thought on the surface... I have no problem admitting it when I am wrong.

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Apr 29, 2013 01:18PM
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Apr 29, 2013 08:41PM
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