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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: CONFUSED
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Jun 15, 2012 10:42AM
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Jun 15, 2012 10:54AM

Why is everyone saying "no drilling" or "no drilling till late in 2012" ??? Did I tune into the wrong webcast?

Elmer said in the webcast that drilling targets would continue late 2012 and into 2013. He didn't say that there would be no drilling till late 2012.

There are at least 2 drills in camp and have been there for a few weeks now. Prospekt confirmed with the office that drills and camp were getting geared up.

Drills

posted on Jun 07, 12 01:16PM Use the IP Check tool [?]

From Cathie: The drills have been onsite for awhile but have not yet started. This is becuase there is work to be done after the snow clears every year. For example, this year a roof collapse had to be repaired and the runway needed repairs. Possibly they will start the drill plan, as earlier detailed, next week.

Blackout still in effect and likely to be in effect through to feasibility. This is for obvious reasons, namely--they know too much.

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