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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: MD&A Notes

Ski - I asked Elmer about the possibilty of TECK building a CESL procesing plant up north to deal with thir copper concentrate from the DISTRICT in stead of shipping it out. Elmer told me that CESL process will not work becuse in the process they would lose all the gold from the ore. I don't know the chemistry behind this, but CESL is not be for copper ore with significant gold content.

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