Re: Teck's BMO slide presentation along with Project Satellite Summary is up on their website.
posted on
Feb 26, 2019 02:49PM
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%)
The "district" concept is a theory until proven by the drillbit. There have been a few very good drill intercepts away from the Paramount and Liard zones and Teck took a shot at their Lacasse target but so far nothing that could be used for even an Inferred resource number. It's still a possibility which remains as upside potential to attract buyer interest.