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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: Re: SC/copper mountain/TKO grade comparison

The reason people claim Schaft Creek is a low grade copper project is because it is a low grade copper project. 0.27% copper is among the lowest grades of copper for undeveloped projects worldwide. Fortunately for us, we have a huge amount of byproducts that bring the copper equivalent to 0.46%. We also have an updated RE that should improve our grade. So the low grade claim is true, but it's nothing to worry about.

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