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Gold/Mining/Energy : The Molybdenum Discussion Board

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To: LoneClone who wrote (3184)6/30/2008 8:08:06 PM
From: tyc:>  Read Replies (1) of 3267
 
Trying to learn about Moly, I have just been listening to presentations by Thompson Creek Metals.

In one of them they describe their Davidson project at Smithers as the largest undeveloped Moly property in Canada. Apparently it contains 288 million lbs of molybdenum in high grade ore to be mined as an underground mine.

At the Berg deposit of Terrane (TRX-v, a recent report reported an indicated resource of 299 million lbs of molybdenum in addition to 2.5 billion lbs copper and 25 Million oz of silver. It is projected as an open pit possibility so it is not to be compared to Davidson (except in its moly content). This month they are scheduled to begin a drilling program targeting zones of higher grade moly and silver.

Message 24547440

I don't think this deposit has been mentioned on this thread before, so I'm just remedying that absence.
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