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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: Comparison
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The key well according to the LaCasse zone map is 427, so I expect the new drills to be compared to these results:

Dip

From

To

Interval(m)

Cu %

Au (g/t)

Ag(g/t)

Mo (%)

CuEq(%)

CF427-2012

90

-60

428.12

764.84

336.72

0.24

0.14

0.57

0.006

0.36

including

509.00

556.00

47.00

0.62

0.59

2.02

0.006

1.01

including

511.00

523.00

12.00

1.23

2.12

6.36

0.019

3.54

The target is the copper-gold mineralization found in that hole and outcrop. Establishing some strike extent to that mineralization and shallower intercepts would be significant for future development. I'm hoping some drill results and some update on the optimization studies are contained in the next press release.

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