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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: why are we flat?
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Oct 22, 2014 01:47PM

Why did the Teck money go to Arizona instead of remaining with the Schaft Creek project?

There is nothing to spend money on at Schaft Creek past the JV, what are you talking about?

The Van Dyke property was announced on April 12, 2013. The JV was announced July 16, 2013. It wasn't the "Teck money" that went because they committed to the purchase before the JV.

The mine is under the town of Miami because Van Dyke bought all the land, and created the town above the mine for the mine workers. The town was not there first, and all the properties have a right to mine below something like 500' on their title.

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