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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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or they are not yet familiar with the results of the desktop studies (Teck may discuss the results with CF probably at the end of this month), they do not know what Teck's intentions are and they should continue with VD and MM. They need financial resources for that.

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