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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: Thoughts on Timing

Because of the ROI Galore is a 3 class deposit. A comparison of the class 1-4 deposits is revealing. Spots 1-2 are populated by precious few deposits. RBS? did an comparison a while back. I looked into the sub agreements and near term (7 years). This left us with 4 deposits. Then sorting by size, annual production and life leaves 3. Then looking at safe jurisdictions where Risk can be calculated with a fair degree of accuracy leaves 2. We are 1 of the two. Last, none of the deposits in the list are free and clear. All have encumberances like out Teck options.

There will be people who say "oh what about this one". Before you do that you need to do the comparison yourself. The Alaskan project will be huge for sure. But, 250 miles of pipeline, Salmon... So do the side by side then if you think you have one that should be in the running then bring it up.

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