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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

Teck will have decided by then as to what they are doing. If they only opt for 75 % then we use there money and move the inferred over with a little drilling. Wait and see if the options are exercised on Thursday or Friday this will be telling.

Cheers

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