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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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2011 RE, only included a couple holes of high grade from 2010...:

Table 1: Mineral Resource Estimate -- Schaft Creek Deposit
David Thomas P. Geo., Effective Date: May 1, 2011

Resource Tonnage Copper Molybdenum Gold Copper Equivalent
Category (Million Tonnes) (%) (%) g/t (%)
Measured 40.3 0.36 0.023 0.25 0.61
Indicated 971.2 0.27 0.017 0.18 0.45
Measured & Indicated 1,011.50 0.27 0.017 0.18 0.46
Inferred 283.6 0.24 0.011 0.15 0.39
Total Resource 1295.1
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