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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: Re: PDAC
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Mar 01, 2013 09:47AM
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Mar 01, 2013 10:11AM

CUU should at least be able to answer what exact day did Teck recieve the FS.

The Feb 4th NR put down the notion that it was delivered (past tense) as of Feb 4 but not when exactly. Hrs, days, weeks???

This section from that NR says that they were in discussions so, I would interpret that as something reached Teck before Feb 4th

"The Company has delivered a copy of the completed positive Feasibility Study to Teck Resources Limited ("Teck"). Teck is reviewing the Feasibility Study and is discussing with the Company its earn back options available under the "Teck Option Agreement" dated January 1, 2002...."

..."Mr. Stewart stated "The filing of the positive Feasibility Study and commencement of our discussions with Teck related to its earn back rights are significant milestones for the Schaft Creek project. We look forward to these discussions regarding Teck's possible future involvement in the Schaft Creek project...."

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Mar 01, 2013 10:54AM
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