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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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Is that 7.2 million ounces of gold as of the 2011 revised RE?

Yes,...and Elmer had explained to me that they had saved 4 Billion in cost, faster payback and higher grades

7.63 BILLION LBS COPPER, 453 MILLION LBS MOLY, 7.2 MILLION OZ GOLD
Seperated the Paramount and Liard:
PARAMOUNT ZONE
COPPER MOLY GOLD
MEASURED 114,1 8,5 0,11
INDICATED 2397,1 167,2 1,99 INFERRED 797,9 38,9 0,64 3309,1 214,6 2,74 3,3 billion 214,6 million 2,74 million LIARD ZONE COPPER MOLY GOLD MEASURED 205,5 12 0,21 INDICATED 3398 196 3,5 INFERRED 719,3 29,9 0,7 4322,8 237,9 4,41 4,32 billion 237.9 million 4,41 million
TOTAL:
COPPER MOLY GOLD
MEASURED 319,6 20,5 0,32
INDICATED 5795,7 363,2 5,5 INFERRED 1517,2 68,8 1,34 7632,5 452,5 7,16 7.63 billion 452.4 million 7,16 million
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