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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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"The 2014 program also has a field program planned of mapping and re-logging core to obtain a better structural understanding of the Schaft Creek deposit for pit slope design purposes. Environmental monitoring studies will continue through 2014. The 2014 program is estimated to cost approximately $2.5 million."

I wonder if 2.5 million is just the bare minimum... Teck could be spending more money on other areas sooner than later like CG and I stated for Roads and Camp expenditures. Teck coud cut another chunk of their JV budget from other projects for other areas in the Schaft Creek. i wouldn't be surprised if we will spend closer to the 10million mark plus... 2.5 million could be just the smoke and mirrors. IMO.

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Mar 25, 2014 10:42AM
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Mar 25, 2014 12:40PM
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Mar 25, 2014 01:24PM
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