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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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Teck's interest in Shaft Creek

2002 option agreement with Teck, Copper Fox has acquired a 100 percent working interest in the Schaft Creek Project subject to a 30 percent net proceeds interest held by Liard Copper Mines Ltd., a private company 78 percent owned by Teck and an earn-back option held by Teck.

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