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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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For comparison, Pretium's Brucejack and New Gold's Blackwater properties are spending money on exploration and development faster than any other projects that I follow.

In 2012, Blackwater drilled 270,000m and spent a total of $128M on the property. They had 19 drill rigs on site.

Pretium drilled 106,000m and spent $100M on the property.

Reaching Teck's spending requirements for a 75 percent back in without building a mine would be very difficult.

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