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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: Teck
13
Oct 20, 2015 12:09PM

I'm hoping we get some clarity on your questions from the JV meeting. The optimization studies would normally form part of the Technical report with other sections pulled from the FS. I see real pressure on Teck to book reserves at SC with possible impairments coming up on coal and lower cash flow. Any opportunity to show increased business value cannot be ignored in this market.

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