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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: Here is what I think :) My 2 Cents :)

>The Mineral Tenure Act is very clear. It was good to refresh my old prospector memory. My original comment was that the remining lapsed claims within the lapsed footprint are " Not Available " This is for a reason, be it Procedural ? or Related to the issue ?

The Mineral Tenure Act is very clear. You Snooze zzzzzzzzzzz You Lose zzzzzzzzzzzzz<

I am no lawyer or expert with the Mineral Tenure Act but I think there is a possibility this deal can be reversed.

I may be wrong but I think the Gold Commissioner (Ministry of Mines) can reverse the forfeiture if he/she feels the new claim holders did not aquire them for the purpose of mining. If they claimed with the intent of reselling them that may be a violation of the act.

It would be interesting to know if Carmax contacted the new claim holders in the Yukon or Carmax was contacted by them.

http://www2.gov.bc.ca/assets/gov/farming-natural-resources-and-industry/mineral-exploration-mining/documents/mineral-titles/notices-mineral-placer-titles/tacrd-10-15_mta_amendments1.pdf

http://www2.gov.bc.ca/assets/gov/farming-natural-resources-and-industry/mineral-exploration-mining/documents/mineral-titles/notices-mineral-placer-titles/tacrd-10-15_mta_amendments1.pdf

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