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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: Where r our Magnetics?

The news release dated May 24th stated that the aerial magnetics were completed. It's also when they announced their land acquisition that was "in line with Copper Fox's interpretation of the porphyry copper potential along strike of the Schaft Creek deposit." I had assumed they took a quick look at the aerials and bought some more land. This would seem to indicate the aerials were good. Also they were planning their drilling based on those aerials so it would also seem to indicate something positive showed up.

I phoned in recently and was told that there were good initial results on the drilling so far. I don't know the extent of what that means, or even whether it was a generalization. I am hoping they will elaborate at the AGM.

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