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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: ES Zone

We know from the drill results that the Paramount zone has a strong chargeability anomaly. According to the Oct 17, 2011 news the second anomaly on the west side of the ES zone could possibly be the extension of the anomaly found in the Paramount zone. The ES zone is approximately 3 kilometres north of the Paramount zone.

ES Zone:

Two moderate chargeability anomalies have been located on this zone. The centre of the chargeability anomaly (with moderate resistivity) that correlates with the mineralized zone outlined on surface exhibits a distinct low chargeability over a distance of approximately 300m, possibly due to an interpreted northwest trending fault zone. The second anomaly (with associated moderate-strong resistivity) is located to the west of the mineralized zone and is interpreted to be the extension of the chargeability anomaly defined on the Paramount zone. The chargeability signature is accompanied by a moderate to strong resistivity signature possibly due to alteration.

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