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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: Teck questioning Fort Hills
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Oct 29th quarter NR.

Construction of the Fort Hills Project is progressing substantially in accordance with the project schedule. We forecast our share of incurred costs for 2014 to be approximately $800 million, including our earn-in commitments. Our share of Fort Hills cash expenditures in the first three quarters of 2014 as 421million, including our earn-in commitments. Cash expenditures tend to lag incurred costs in the initial phase of construction.


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