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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: Drilling Update - Widespread Mineralization

We still have a huge back-log of potentially game-changing news. Are we geting another NR this week?

Looks like we'll be getting the Mira shortly.

(Results of the interpretation of the airborne and Titan-24 surveys over the Schaft Creek project by Mira Geosciences are expected shortly.)

And we'll also be seeing the Feasibility this month.

(The results of the feasibility study for the Schaft Creek project are expected to be delivered in September 2012. The majority of the sections of the feasibility study have been drafted and reviewed.)


Discovery is mineralised, and we're getting some 1.01% CuEq and 3.54% CuEq at depth, the rest 0.2-0.3 is all about consistency and size.

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