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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: Email to and from Mike Smith today

Rather than ordering items and beginning engineering, we are back to touching up the resource and the economics.

Mike told me ages ago that the feasibility would be improved by Teck up to around 40% because of their economies of scale and as an example he said they would already have trucks on order as a matter of course. They would also get a better deal by ordering in larger numbers.

Would Teck figure they have two drilling seasons left before the EA is approved and they are in a position to make that production decision? They're not going to make that decision now regardless.

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