Re: Good news for us maybe. I know its not about Copper Fox...but then is it?
posted on
Jan 26, 2014 06:38PM
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%)
The 2011 land reservation agreement between Copper Fox and Stewart had the Port of Stewart storing up to 50,000 tones of concentrate, and the building of warehouses to do so. Does Port Stewart have the capacity to also handle the building and storing of Galore Creek's concentrate as well? That I am not certain of. If the agreement is with one or the other, I'm not certain who now holds this agreement.