Re: VD water rights
posted on
Apr 22, 2015 10:50AM
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%)
plus a new operator would have to get financing in place get to know the local supply shops, get to know the community etc... the current miners are active in the community and have working releationships with the local folks.