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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: Just a Reminder
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May 06, 2012 09:11PM
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May 07, 2012 08:10PM
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May 10, 2012 08:49AM
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May 10, 2012 09:05AM
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May 10, 2012 10:18AM

I have no idea where these new Jay/Scotch claims are. I find it interesting that we did not purchase them, but purchased the option to buy them.

I think the fact that we did not get an update on the Resource Estimate means it is virtually complete. I'm going to continue with my random guesses and predict we see it next Wednesday.

Just for a chuckle, here's a quote from a year ago:

"Our first priority for 2011 is to complete the feasibility study on the Schaft Creek deposit and to do this we must first receive the updated resource estimation. The delay in receiving this report has been frustrating but resource estimations are complex in-depth studies especially when dealing with a substantial amount of legacy data such as at Schaft Creek. I am confident that this report will be completed soon and we can then move quickly to complete the feasibility study."

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