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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: Lack of Interest

"I have been intrigued and puzzled about Elmer's "large circular feature" when describing the area around northern Paramount and DDH 422. My problem is what does someone mean by "large"? A few metres or kms in diameter or... like 15 km's in diameter?"

Chappy, what distance do you get from the northeast portion of the Mike zone to DDH 403?

Paramount Zone:
The survey has extended this strong chargeability anomaly (with corresponding resistivity low) a distance of 1,800m to the north of the current drilling. This chargeability anomaly in conjunction with the chargeability anomaly identified on the Mike Zone defines an interpreted circular feature that coincides with a large circular shaped resistivity low. The south side of this circular feature corresponds to the higher-grade zone of copper-gold-molybdenum-silver mineralization intersected by the drilling completed in 2010 and 2011. The northern side of this anomaly has not been tested by diamond drilling. This chargeability anomaly shows excellent correlation with the zone of argillic alteration within the Schaft Creek Mineral Trend.

Mike Zone:
This strong chargeability anomaly appears to be a separate anomaly that defines the northeast portion of the interpreted circular feature noted above. It appears that this feature is cut by several north-south oriented faults that exhibit a good correlation with the 20km long magnetic feature defined by the airborne magnetic survey completed in early 2011. This chargeability target appears to be truncated by a strong northwest trending interpreted fault.

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