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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: Questions for CUU
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The mechanics of the JV are established by paragraphs 9 and 15 of the Salazar agreement:

https://docs.google.com/file/d/0B1opssTdj4BuY2FkMmQzMDctNzdiZC00Njg1LTg3YzUtNTY2MzhjODRlMGFl/edit?hl=en_US&authkey=CPLqmtQO

A key provision is that Tecks rights become effective after they earn their interest, ie after funding 4x CUU expenditures at backin if the 75% option is elected

CUU owns it till Teck earns in

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