Re: Using 3.50 copper….
in response to
by
posted on
Sep 30, 2021 03:49PM
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%)
I had provided a couple of calculations (copper, gold), to the best of my knowledge, demonstrating the impact of a 2-3% change accross the board. The output improvements could be significant.
It's always possible that there's no improvement or even a negative outcome, but I'm under the impression that the PEA was conservative and has some buffer to play with regardless the outcome.
IMO.
MoneyK