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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: A 2013 drill program

If it is true that a relatively small drill program, strategically designed to move several hundred tons of inferred resource into the M&I category, with a significant effect on the reported economics of the project, is not only doable, but necessary if this project is going to be viable

What is stopping us from announcing the outlines of that program immediately, on our 100% owned Schaft Creek project, with the anticipated results, if successful?

Surely we can define that exercise, and since we own the whole thing, we really do need to plan our next step...which I certainly assume that would be

If something happens between now and February or March to derail that effort, at least we will have the comfort of knowing we haven't simply stopped moving on this project

...and it could be a shot accross the bow of anyone considering a major investment in our project

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Jan 08, 2013 10:02AM
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Jan 08, 2013 10:07AM
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