GOOD NEWS:

The 2013 program objectives were achieved, as the mineralization continues east under Mt. LaCasse by at least 300m beyond the 2012 block model. And the pit slope studies were positive... meaning that a larger pit could be conceivable thus adding to the speculation that this is being planned as a much bigger mine than what the BFS reported.

BAD NEWS:

Below suggests that 2014 may be another year of waiting. As Teck (AKA: the Operator) is recommending a program of optimization studies and a field program:

Preliminary indications are that the Operator of the Schaft Creek Joint Venture plan to recommend a program of optimization studies as well as a field program to update the geological model and better define certain parameters of the Schaft Creek deposit.

RESULT:

A BIG Mine plan is being put together, the EA will incorporate this newer and much larger plan. The 2014 plan will further expand and outline this project as a massive operation. CUU will sit and wait while all this happens and continues to work in AZ; as the S.C. project will roll along until either somebody gets investors to offer $ for the 25% or more likely... Teck finally decides to find a major partner to do the project as it will have all the detailed studies to know how valuable this resource really is. Thus Teck will buyout CUU's 25% after all the "detailed studies" are complete, and a willing partner is available.