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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: NovaGold Announces Major Changes to Its Organization

This is great news for us, it shows that either Teck Or Nova differ in future plans. Teck can let Galore sit while they work on Shaft Creek and then with SC 's infrastructure bring Galore on stream a few years later. Depending on commodities prices will determine how much of a rush they will incorporate Galore. SC is in the process of becoming a mine, Teck just steps in and off they go, exploration is only proving up value for take out. Would of thought we would have had a good bounce today with this NR.

CUU and the Golden Triangle will draw more interest, they will see we are very close to being #1. This has been going on for awhile between TCK and NG, this just didnt happen in the last 24 hrs, they have been in serious talks and i believe Teck wants CUU and was prepared to wait for SC plus they want Galore to tie into SC later and told NG "so sell your half if you cant wait" So if Tck has a partner in mind for SC, they maybe the same ones who take NG's 50% of Galore.

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