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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: Exploration Potential and Drilling
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IMHO there has been a very long poker game been played between Teck and CUU when it comes to drilling programmes.

Elmer and his team showed Teck the hidden value in SC and the surrounding plays. It's now up to Teck to pony up and do the verification drilling, with CUU obviously helping to identify the best targets. Our 25% of SC will hopefully grow in value once the 2013 drilling results are released.

For me this is back to a long waiting game, not what I had originally hoped for but I still see the future value and hopefully a return into the green one day. I just hope to be young enough to enjoy the reward for waiting so long :)

GLTA longs

Max

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