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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: Not Good

I don't know about Breccia hunting myself but there is some things I can add to his line of thought.

The 2012 RE had 8 DDH's recommended. The 2012/3 FS had 7 holes to recommend; all 7 are identical in location to those 7 proposed in 2012 RE.

You asked about drilling too close to PGS's claims to the south. We are still 2.5km north of our claims boundary with PGS so that will not be an issue. We've drilled quite a bit to the south and came up with more than one dud.

Recommended drill collar locations from the 2012/3 Schaft Creek FS. "PHII - Proposed 8" was proposed in the 2012 RE but not in the FS. All other collars were proposed in identical locations in both studies.

Historic DDHAS 16 is not shown but is located directly south of "Ph1-3" about half the distance to "PHII - Proposed 8"

The new 2012/3 mine plan rim is shown in orange outline. Claims boundaries in thick red. All set on top of the 2011 Chargeability.

http://www.flickr.com/photos/60356448@N04/8461908995/in/photostream/lightbox/

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