Re: Schaft/Galore Creeks Combo

Welcome To the Copper Fox Metals Inc. HUB On AGORACOM

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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realcdn

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Re: Schaft/Galore Creeks Combo

in response to

Re: Schaft/Galore Creeks Combo

realcdn

posted on Feb 23, 2012 04:47PM

Anyone else think Teck asked for an extension on the 90-day right of first refusal for the other 50% of Galore Creek so that they can make a decision about Shaft Creek?

I find it very interesting that they outright declared that they have not waived their right of first refusal on Galore when clearly the 90 days has expired (if indeed the clock did start on Nov 16th?)!