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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: Drill Results
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Oct 12, 2013 02:31PM
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Oct 12, 2013 02:55PM
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Oct 12, 2013 04:58PM
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Oct 12, 2013 08:42PM

The drill results will be reported when phase 1 is complete. You won't see a regular trickle of results like you do with Juniors in some effort to bolster the SP. This drilling is not designed to prove up some amazing "pie in the sky results" on the east side, rather to define the mineralization lateral borders/depths north and east under the mountain in an effort to rework the pit and it's slope on the east/north sides.

Like a few here, I too think that these soon to come results should not only help our SP but potentially open the doors for a few good offers. The big companies can extrapolate rough new reserve potential for the deposit just by knowing the what and where of current drilling and the spacing, location, depth, and grades of these new cores to come. They don't need to wait for an updated resource estimate, pit shell and FS to rework just how long this deposit will be mined and how profitable it will prove to be. Elmer already did that. I have a feeling it may be 4-8 weeks yet for the results, but that's JMHO.

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Oct 13, 2013 09:49AM
NTL
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Oct 13, 2013 12:28PM
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Oct 14, 2013 11:53AM
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Oct 15, 2013 01:30AM
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