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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: Teck

Looks like Teck and Nova Gold (copper) have a drill plan for 2013.

I would think we "CUU" should have ours really soon.

Galore Creek Project

The Galore Creek project is located in north western British Columbia, approximately 150 kilometres north-west of Stewart.

In August 2007, a 50/50 partnership was formed with NovaGold Resources Inc. to develop the Galore Creek deposit, one of the world’s largest undeveloped copper and gold deposits.

Due to escalating cost estimates and a longer-than-anticipated constructionschedule, development activities were suspended in November 2007.

In 2008, studies were initiated to re-evaluate and optimize the project by defining a more realistic and lower risk development alternative, including alternative plant site and tailings locations.

The 2013 budget and work plan for Galore Creek was approved which includes regular care and maintenance activities, continuation of baseline environmental work and a 10,000 metre drill program focused on resource expansion.

Last updated: April, 2013

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