Teck Operated C$15.8M Schaft Creek Program Validates Scoping Design, Urges Gap Analysis
Teck Resources, as 75% operator of the C$15.8 million 2025 Schaft Creek program, confirmed existing geotechnical, hydrogeological and slope stability data support advanced scoping-level designs. The review recommended a targeted gap analysis and additional drilling, rock mechanics tests and hydrogeological studies to meet prefeasibility thresholds.
1. 2025 Geotechnical Program Findings
The 2025 Schaft Creek program, budgeted at C$15.8 million, consolidated data from 2008–2025 and confirmed that recent geotechnical and hydrogeological investigations provide sufficient coverage for advanced scoping-level pit and rock storage designs. The results indicate stability models and preliminary pit footprints are supported by the existing dataset, with no significant deviations from prior studies.
2. Gap Analysis and Recommendations
The review called for a detailed gap analysis to pinpoint areas requiring additional field work, recommending targeted drilling, rock mechanics laboratory testing and expanded hydrogeological investigations. These studies aim to enhance data density around the ultimate pit limits and rock storage sites to comply with industry criteria for a preliminary feasibility study.
3. Joint Venture Structure and Next Steps
Teck Resources holds a 75% interest and acts as operator of the Schaft Creek Joint Venture, with Copper Fox owning 25%. The recommended investigations will inform permitting activities and advance the project toward prefeasibility, with updated geotechnical and hydrogeological models underpinning future slope stability and water management designs.