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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: Re: According to Don….”The history of Teck is 80% of the mines we have been involved with, have been partnerships”

As Don stated....in Teck's history....80% of projects they are involved in, has a partnership which results in a low capital intensive structure and migrates the risks from capex/opex.

SC is 2.6 billion (probably lower with enhancements)....say 2 billion....still huge capital investment. Newmont the likely next partner imo!

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