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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: Quiet Dialogue
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Apr 23, 2019 01:11PM
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Apr 23, 2019 01:34PM
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Apr 23, 2019 03:47PM
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Apr 23, 2019 04:06PM
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Apr 23, 2019 10:32PM

Hey CG,

No idea really. They could certainly do a Galore/Schaft combo as you suggest. i recall this was discussed years ago and someone posed this question to Elmer who said it wasn't that good of a fit for many reasons. Something about acidity in the ores from each place being different, etc. I don't recall the exact details. But that's perhaps only from a gelogical perspective, it may make sense to combine them in a deal, and if the mining activities themselves need to be different then perhaps that doesn't prevent the corporate bundling of the two together.

If Teck did something like this before, what was the result?

K

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