No such message found

Welcome To the Copper Fox Metals Inc. HUB On AGORACOM

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%)

Free
Message: Teck sells property in NW BC
Reply New Message
Back To Forum List View

Teck sold its 51% interest in the GJ project in NW BC to Skeena Resources for maybe $5 million in shares of Skeena mostly, some cash, and a 2% NSR. I believe they paid $12 million to buy into the project and did some drilling.

I think this project is on the east side of Mt. Edziza about level with SC.

I hope this means they are consolidating their assets and keeping the best projects. It seems likely to me.

http://ngexresources.mwnewsroom.com/press-releases/ngex-announces-sale-of-its-49-interest-in-the-gj-project-tsx-ngq-201510051027528001

15 Recommendations
Re: Teck sells property in NW BC
3
Spitfire191
Oct 05, 2015 10:40PM
Icon president Re: Teck sells property in NW BC
7
Prospekt
Oct 06, 2015 12:11AM
Re: Teck sells property in NW BC
5
simbran
Oct 06, 2015 10:47AM
Re: Teck sells property in NW BC
7
deeppocket83
Oct 06, 2015 11:00AM
Reply New Message
Back To Forum List View
Share
Share
New Message
Please login to post a reply