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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: Hole 421 revisited

Remember this?

If 421 shows stressed horizontal slabs and banded mineralizations and high grades...

Well, it turns out that was mostly correct.

It turns out that the shearing occurred after the mineralization.

419 is in the starter pit for the Liard/Main Zone.

Now about 421 and 404.

The large zone of chargeability (labeled Area B) at the south end of the block starts at a depth of approximately 100m below surface. Drill hole DDH CF404-2010 was intended to test this anomaly but intersected low-grade copper mineralization in volcanic before drilling into an interpreted steeply dipping late mafic dike, and was not able to reach its target. As a result, the chargeability anomaly has not yet been tested. 421 will test this.

It's my understanding that there's a large thrust zone near there. (Not a collapsed couldera.) We are going to find out just how good this really is. I think it's possible to see grades over 1%eq. Maybe 1.18? That would mean 404 is a leached zone and other anomalies like it will behave in similar fashion. The thrust zone would have involved sea water and a lot of pressure So I won't be surprised to see decent gold, moly and silver returns.

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