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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: Potential Initial 12 year mine life: Explanation

The timelines were discussed and Teck probably taking in a partner. As for the rest, it's JMHO. Teck will have to make sure all the t's are crossed and all the i's dotted on the optimization in order to show a potential buyer, without question what they would be buying. Of course any buyer would have to do their own due diligence and it would have to match Tecks.

Please call the office with your own list of questions and talk with Elmer. He was very cordial and willing to answer all my questions.

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Feb 19, 2015 11:46AM
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Feb 19, 2015 11:52AM
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