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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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Thanks again YM for sharing that article. VERY interesting to see CUU and Schaft Creek mentioned so prominently.

Downloaded the report referenced in the article: https://mining.bc.ca/wp-content/uploads/2024/01/Mansfield_Critical_Minerals_Economic-Impact-Report_FINAL_2024_01_06.pdf

Schaft is mentioned in the list of mines the study considered as part of its economic impact assessment. Its interesting to note that the study listed Schaft Creek as owned by CUU, no mention of Teck. Schaft is listed as a "new" mine in this study, derived from publicly available information, and their 2021 PEA is specifically referenced.

All in all, good publicity for us and anecdotally adds to the case for Schaft to be a mine.

K

 

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