Mention of Schaft Creek in Teck Q2 Report

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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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Mention of Schaft Creek in Teck Q2 Report

posted on Jul 24, 2014 11:12AM

Teck Reports Unaudited Second Quarter Results for 2014 .....

Excerpt...

Other Copper Projects

At Relincho, work continued in the quarter on optimization studies that are focused on capital and operating reductions and other value enhancing initiatives.

Focused engineering studies also continued in the quarter for our Galore Creek, Schaft Creek and Mesaba projects as we further explore ways to enhance the value of these projects.

A $30 million pre-feasibility program at our 50% owned Zafranal copper-gold project located in Southern Peru was approved. The study is expected to be completed over the next 18 months. Our share of expenditures will be $15 million.