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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: SC Development: Labour
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Jan 27, 2015 12:52PM
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Jan 27, 2015 04:20PM
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Jan 27, 2015 04:53PM

"The Project requires an Environmental Assessment Certificate under the British Columbia Environmental Assessment Act before proceeding with activities related to construction and operation of the Project.

The Project is also be subject to federal review under the Canadian Environmental Assessment Act and thus requires a federal approval before construction can commence."

Hi

It means even if Teck and the BC gov't have their act together, and even if the workers move back we're still, imo, two years plus from any possible construction start. Thats not negativity, its reality.

More reality - dealing with the Talthan, the EA also has to be approved by the Talthan. Teck needs to negotiate and sign a Benefit Impact Agreement (BIA) with them, the BC Gov't needs to negotiate and sign a Revenue Sharing Agreement (RSA) with them.

Whats most important to me is not the road or a camp, but about finishing and getting the EAC and getting First Nation and Fed approval. And of course getting the BIA and RSA deals done with the band.

What I'm hoping to hear from tomorrows JV meeting is the finishing of optimization studies run concurrently with the finishing of the Enviro Study.

Rick

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Jan 27, 2015 07:02PM
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Jan 28, 2015 10:08AM
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Jan 28, 2015 11:33AM
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Jan 28, 2015 11:42AM
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Jan 28, 2015 12:44PM
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