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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: Inferred Valuation

No worries Metacomet. Note that this is only looking at the valuation of the 171M tonnes of inferred resource, not the CUU value on the M&I resource, the Liard shares, land, and other potential in Schaft Creek. My assumptions may not be accurate, but I believe this is the reason why the BFS NPV came out relatively low.

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