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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: Phase 1 drilling

So I remain cautiously optomistic and will hope that we get some good results

I wonder what good results look like? How much mineralisation is good enough?

I had hoped that Teck would be somewhat keen to get the EA submitted with the current federal government in place. That is, get it submitted and approved in that time period.

They are contractually bound to drill 10,000 meters and I had assumed that was the Phase 1 drilling. So Phase 2 then would be part of that further $60 million that Teck is obliged to pay for.

I wish we could also get information on whether Teck is working on the metal recoveries and other details that the FS recommended. I got the impression, though, that we won't hear about that.

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