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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: Elm on the helm

With respect to the "why didn't we drill" question. Does it not make sense to anyone that Teck perhaps didn't want CUU to spend any more money on drilling (because Teck has a pretty good idea of what is there and because of the requirement in Tecks back options to spend a multiple of CUUs incurred expenses)? And CUU obliged.

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