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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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From the "Schaft Creek Option" agreement:

"The option agreement has a time-limited back-in right exercisable by Teck Cominco within up to 120 days of the delivery of the positive feasibility study."

Today we recieved an NR stating that:

"The Company has delivered a copy of the completed positive Feasibility Study to Teck Resources Limited ("Teck"). "

Isn't it therefore logical to assume that the 120 clock has started?

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