Re: Converting the waste and scope of its size
in response to
by
posted on
Jan 11, 2015 08:48PM
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%)
"I wasn't previously aware that CF assigned an inferred grade of .25% (?) to the entire 171 megatons of waste."
http://agoracom.com/ir/CopperFoxMetals/forums/discussion/topics/574844-halt-sign/messages/1804465#message
"I thought all the waste totaled 171 megatons (including overburden, etc.), and we could upgrade an undisclosed portion of it."
The overburden has absolutely nothing to do with the inferred resources.