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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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In addition to Skbums post this morning, see the link below. Tetra/Wardrop did the PFS for the Seabridge - KSM released today.

So I would think that they may have more staff available to work on CUU......?

http://seabridgegold.net/KSM2012ExecSum.pdf

Capex around $5.3B

OPEX $13.8

The base case prices, using the three-year trailing average (as of April 15, 2012)

were as follows:

gold – US$1,330/oz

copper – US$3.45/lb

silver – US$25.20/oz

molybdenum – US$15.00/lb

exchange rate – Cdn$1.00 to US$0.96.

They also run the spot and alternate scenarios for 130,000 tpd operation.

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