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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: Phase 1 drilling
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Aug 30, 2013 05:00PM

Actually, I find this very interesting. We now know to expect news beginning around October--gives us something to shoot for. They are dangling the prospect of a Phase 2, and I assume that would be a very exciting moment for us because it means something worthwhile showed up in Phase 1.

The EA submission is the first indication we've had that the date might actually change. I would assume that is because if the drilling shows something that would fundamentally change the pit plan they might have to re-work it. I'm not sure about this entirely but we might end up with less waste to plan for, and a longer period to be in operation, for example.

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Aug 30, 2013 06:15PM
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Aug 30, 2013 06:22PM
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Aug 30, 2013 07:44PM
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