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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?


To: onepath who wrote (59622)5/23/2008 7:33:30 AM
From: tyc:>  Read Replies (1) | Respond to of 78424
 
Anecdote concerning Terrane and its Berg project.

I notice from Teck's annual report that the Highmont pit has been reactivated at its Highland Valley mine. When the Highmont pit was closed because of low metal prices,its ore grade was .214% copper and .024% Mo. The grades at Berg are .31% copper and .036% Mo.

The Lornex ore that has been in production all along at Highland Valley, normally has a Mo grade of .008%, sometimes as high as .012%. The Mo content at Berg (.036%) compares favourably with the Highland Valley mine.

Mt Milligan and Berg; Not one but TWO mines in prospect for those who wish to speculate on continued high metal prices.