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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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If nothing else.....they can buy Galore and just sit on it for a while. Its still a nice deposit. The major problem with galore was the economics didnt work out like they had hoped.....that being said rising commoditiy prices will make it economical soon enough.

Id just as soon as have one thats already proved up sitting there as opposed to finding another one. If nothing else the proximity to Schaft Creek will probably make it a bit more economical....nothing says they couldnt use the same mill for two deposits.....it would really only cost them the price of expanding the Schaft Creek facility.

Im sure theres a lot of companies out there wouldnt mind having an 800 million tonne deposit in their portfolio of projects. Galore has better grades than Schaft Creek too, its main problems were being further from infrastructure and the fact that its right up in the mountains.

The race for resources will begin soon....

Rogue,

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