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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: New Schaft Creek numbers confirmed

Wow! I didnt realize how important the last news release was.

After reading it, the company has confirmed the 2018 desktop studies are now COMPLETE and with POSITIVE results! Though, sadly the numbers are not being released :/

"sizing and infrastructure alternatives study initiated in 2018 was completed with positive results"

The next huge development was apparently the JV is keeping the mine throughput at 130K tonnes/day, the original plan. What I did not catch was the fact they are able to keep the same throughput all while REDUCING BOTH capex and opex costs! That was huge and key for mine development. Anyone else wondering what those numbers are?

Elmer stated, "more in-depth study work is expected to confirm the potential capital and operating cost improvements. 

 This is amazing imo. I wonder how this was accomplished? The JV is looking at all parameters of this mine, including changes to mill location, transport, waste management, etc. Did they decide to look at the once considered waste rock and re-categorize it as ore value to reduce costs? They must have improved the strip ratio of the deposit as this helps lower costs. I wish we had the details of the new SC economics!

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