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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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Of the 3.5 kms discussed in the NR, 1 km (approx) is located in the Greig/Kreft & Paget claims we bought in early spring 2011 (the North Schaft Project). That 1 km is within the 2km Area of Interest in the Agreement.

The other 2.5 kms, stretching from Paramount (DDH415) to the 2012 drilling are definitely inside the Sched A lands of the Agreement.

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