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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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When looking at the financial table, the NPI (LOM) considered as cost seems to be around 593M, which seems to account for Royal Gold + our 1.55% + remaining 3rd party Liard?

Therefore, does that mean the SCJV 85.5% in Liard is included in the NPV numbers?

MoneyK

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