Re: Mineweb Article - Thoughts
in response to
by
posted on
Jul 18, 2013 10:15AM
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%)
I think its better this way as i am sure if CUU didn't include their land in the deal they would of had a harder time to sell it... keep in mind all that land wasn't even drilled and could of made things even longer for us.