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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: 940.8 million tonnes of ore?
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Feb 24, 2014 09:05PM
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Feb 25, 2014 06:56AM
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Feb 25, 2014 12:37PM
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Feb 25, 2014 12:39PM
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Feb 25, 2014 12:54PM

I don't understand how the recoveries were negatively impacted from the PFS to BFS. I'm not sure what changed except the companies involved in the work.

When you think about it, improving recoveries has to be right up there near the top of the list of important things to improve any mine value. It is really the easiest way to squeeze more value out of an exploration project.

For example, this work was done by Teck on Highland Valley to extend the mine life:

The mill modernization project progressed in 2012. The project includes the construction of new flotation and pebble-crushing capacity adjacent to the existing circuits, which should increase plant availability and increase copper recovery by 2%, molybdenum recovery by 3% and annual mill throughput by 10% over the remaining life of the mine.

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Feb 25, 2014 01:41PM
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