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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: on purpose

May 16, 2012 04:32PM
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May 16, 2012 06:05PM

Here is what AMEC stated in the last Resource Estimate regarding silver:

The legacy silver data are so different from those obtained by Copper Fox that the
legacy silver assay values could not be used. AMEC is of the opinion that silver
should not be reported as a part of the Mineral Resource estimate as there are
data quality issues which preclude the classification of Measured and Indicated
Mineral Resources for silver. Silver grades within the deposit range between 1 g/t
and 2 g/t.

The problem was with the data collected by Teck/Hecla when they worked the property.

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May 16, 2012 08:09PM

May 16, 2012 10:30PM
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May 17, 2012 04:53AM
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