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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: Teck at 40%
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The actual "build a mine" part is in a seperate agreement that we can't see, correct?

This 4 year clause is in a non public underlying agreement that dates back to the 1960's between Hecla, Asarco , Teck and now Copper Fox

What would the 40% option actually look like.??

Well for one, 40% would leave CUU with 60%. That's great.

And Teck must pay 300% expenditures, 60% of that going to CUU = 144 million

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