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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: Some more information

We were told this in 2013 after the first Teck drill program:

The extension of the mineralization into that area of the Paramount zone that was previously categorized as waste in the feasibility study prepared by Copper Fox and the testing of the inferred resource block within the pit shell could have a positive effect on the economics of the Schaft Creek project.

We'll see when they release the information if the numbers have changed. I'm not sure if they can change anything without a formal technical report but rather just say they found no material change. They do need to update the corporate presentation and remove the caution about the SC numbers on 9 of the 38 slides.

 

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