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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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CUU wanted the silver in, BUT the engineers did not. That's all I was able to get out from CUU.


2003 RE                     cu-eq     Tonnes   Cu         Mlb      Gold    Silver  CuEq
                  Giroux M&I 0.20       991    0.28      0.018     0.19    1.77    N.A
                  Measured   0.55       100.7  0.43      0.028     0.32    1.85    0.65
                  Indicated  0.55       108.3  0.40      0.034     0.36    1.19    0.66
                   Total M&I 0.55       209.0  0.41      0.031     0.34    1.51    0.66
                   Inferred  0.55       2.4    0.53      0.035     0.15    2.11    0.71

Notes: (1): ("M and I") stands for Measured and Indicated. "Giroux" refers to the resource report by Giroux & Ostensoe dated June 30, 2003 and amended May 20, 2004

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