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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: Teck and Goldcorp
3
Aug 27, 2015 10:47AM
6
Aug 27, 2015 10:56AM

Unlike some others, I don't view the Teck/Goldcorp JV as a detriment or delay to Schaft Creek. I view this as two companies getting together to use each others facilities, location, land, workforce and equipment to drastically reduce the cost of the finished product and probably reduce the time and cost to get into production. Smart. Wonder what they are going to do with that extra money they just saved themselves....

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