Everything CUU does, showing us or not, is very legal. They are very well represented on their board of directors, nobody including Ernesto would take any risk:

R. Hector Mackay-Dunn, Q.C.
Position: Secretary of the Board and Director

Hector is a Senior Partner at Farris, Vaughan, Wills & Murphy LLP which is among Canada's leading law firms, where Mr. MacKay-Dunn advises private and public high growth companies in a broad range of industries on domestic and cross-border private and public securities offerings, mergers and acquisitions, tender offers, and international partnering transactions. Mr. MacKay-Dunn is recognized by Lexpert, the most respected legal publication in Canada, as among the Top 100 Canada/US Cross-Border Corporate Lawyers in Canada and among Canada's leading lawyers in mergers and acquisitions, technology, and biotechnology. Hector holds the highest ("AV" Pre-eminent) legal ability rating from Martindale-Hubbell, an authoritative and global source for identifying leading lawyers and law firms and the Best Lawyers in Canada ranks him as a national leader in Technology and Biotechnology. Hector was appointed Queen's Counsel in 2003. Hector is the immediate past Chair of the British Columbia Innovation Council, the Province's lead agency with the mandate to advance ideas into investment-ready companies in the areas of science and technology, a director of British Columbia Leading Edge Endowment Fund, British Columbia's $56 million program to attract top researchers to B.C.'s universities and LifeSciences BC and a former director of Genome British Columbia.

As for Teck...they have been with us every step of the way:

Teck & CUU (1)

So with all these pieces in place, and a resource table expected in late April, pit design optimizations will lead to a complete mine feasibility study, which Stewart hopes to see this summer. “At that point, Teck Cominco will elect to earn a 20%, 40% or 75% interest, or walk away with a some shares and a 1% royalty,” explains Stewart. “That decision should come quickly. We’ve kept a transparent flow of information with Teck, the provincial and federal agencies and the Tahltan First Nations so everyone can decide quickly because they all helped us get it there.”

Teck & CUU (2)

The company has a relationship with Teck, Canada's largest diversified mining company, can you explain the significance of this relationship to our readers?

Teck has an earn-back right pursuant to the Option agreement entered into in 2002. We have been working with the senior technical people from Teck since early 2010 when we announced that we were proceeding to complete a feasibility study on Schaft Creek. The purpose of engaging Teck early on in the process of completing the feasibility study was to have their input into the feasibility study that is required to allow Teck to make their decision as to their participation in the Schaft Creek project. Teck’s experience in operating open pit mines of the size of that contemplated at Schaft Creek is valuable information that helps makes the feasibility study a realistic and practical study in the contexts of developing the deposit.


Lawrence Roulston (1)
Teck is working closely with Copper Fox in conducting the feasibility study. The Vancouver-based major operates a large copper mine near Kamloops, British Columbia and also has a huge base metal smelter-refinery complex at Trail in the southern part of the province.

Lawrence Roulston (2)
Copper Fox is about to start field work on the Schaft Creek copper-gold deposit in northern British Columbia. A feasibility study is due for completion by the end of June and is being led by Wardrop, a highly regarded international engineering firm.
The work is being done in close cooperation with Teck, a major mining company from whom Copper Fox is acquiring the project. The study considers a minimum 120,000 tonne per day open pit mine. The resource estimate supporting the feasibility study outlines 1.4 billion tonnes hosting 7.7 billion pounds of copper, 8.1 million ounces of gold, 584 million pounds of molybdenum and 69 million ounces of silver