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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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Under door number 2, does the option state CUU would still be operator? Teck is paying but the ownership split would be Teck 75, CUU 19, Liard 6% . It would be better if CUU does drive the bus as they are more familiar with the property and motivated to keep their eye on the ball.

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