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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: Nova Gold

All is not rosey around SC. There are headwinds for Donlin and Galore that seem to be growing, not diminishing. NG is unfortunately in the middle of both projects.

Exactly why it is so important for Elmer to submit a bullet-proof BFS. If he also manages to keep the Capex anywhere near 3.5B, Schaft Creek will be irresistable.

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