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Gold/Mining/Energy : Copper Fox

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To: dsikorsk who wrote (9086)	1/14/2015 5:42:38 PM
From: louel	of 10654

From the article Edited to express the point; "Another deeply entrenched myth is about “ounces in the ground. This is such a flawed method. Instead of focusing on creating a mine, The focus is on creating resource ounces in documents irrespective of whether they could ever be mined economically. 6 gram gold per tonne rock 2,000 metres underground might actually be much more expensive to produce, than an at-surface, bulk-tonnage deposit grading 0.8 gram " Shaft Creek has a lot of overburden or waste rock that is lower than average thruput. For that reason I suggest, it was left as waste rock for the purpose of not further lowering the grade used in the BFS. Possibly the most efficient if the same partners own both Galore and Shaft Creek. Would be to build a central milling facility. Then slurry the ore at the mines and pipe it to mill for processing. Eliminating duplication and reducing road building costs. Another thing to watch will be Teck's 100% owned Frontier project. Said to begin production in 2021. If that is schedule is not changed it would have to begin construction shortly after the completion of Fort Hills. So with QB2 as their priority copper project. Where does every thing else fit in ? ceaa.gc.ca

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