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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: Mitsubishi Materials Corporation
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https://www.mining.com/mitsubishi-grabs-30-of-mantoverde-copper-mine-in-chile/

Maybe they want 25% of SC?

Elmer start a bidding process like all the other majors with large projects.

 

MMC HAS ACTIVELY BEEN SEEKING TO PARTICIPATE IN HIGH-QUALITY COPPER PROJECTS TO SECURE CONCENTRATE FOR ITS COPPER SMELTERS AS DEMAND FOR THE INDUSTRIAL METAL IS EXPECTED TO SOAR

 

 

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