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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: MD&A

The MD&A is on SEDAR now.

This was the most interesting quote:

"Copper Fox needs to finalize the level of exploration to be competed at Schaft Creek during 2012. Completion of the Feasibility Study on the Schaft Creek deposit is our primary focus over the next few months as well as preparation of the Environmental Assessment Application."

It seems that our confusion over drilling is justified given the clarity of communications.

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