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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: JV meeting

Just got off the phone with Lynn at Copper Fox. Elmer is in JV meeting today she said and will be back in the office Monday.

She could not say for certain of any forthcoming results but expects that any drill holes with completed assay results will be upcoming for release.

As far as optimization studies, she said metallurgical work is expected to be completed by the end of November, but don't expect the report until early in the new year.

Regards, Radagast

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