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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 Observations

I've noticed a few differences between the 2011 RE and 2012 RE. The differences are most likely the result of different definitions, but I thought I'd point them out anways.

1. Drill Hole Quantity

The number of drill holes has decreased from the 2011 RE. Any guesses why that may be?

2011 - "The estimation database comprises 366 core holes (84,221.49 m)"

2012 - "A total of 286 drill holes with 16,501 composited (4 m) drill hole intervals (approximately 65,843 metres) were used by Tetra Tech in estimating the mineral resources for the Schaft Creek deposit. "

2. Liard / Paramount Quantities

2011 - Liard = 880M tonnes, Paramount = 155M tonnes

2012 - Liard = 741M tonnes, Paramount = 488M tonnes

3. Liard / Paramount Dimensions

2011 - Liard = 1000x700x300m, Paramount = 700x200x500m

2012 - Liard = 1500x1000x600m, Paramount = 1300x400x600m

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