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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: More info on the delays

Red Chris got assays form their program. (Completed near the end of Oct. ie 20th). This suggests that we are definately over due.

A deep diamond drilling program was initiated in August 2011 to test the continuation at depth of mineralization historically defined in the Gully zone, located about a kilometre west of the western rim of the proposed open pit. Drilling in the area by previous operators penetrated about 350 metres in the zone with a maximum penetration of 470 metres, encountering strong alteration and widely distributed copper/gold mineralization. Geological and analytical studies of the historic drill core, and results from the Titan 24 geophysical survey completed in 2009, indicate the potential for additional deep porphyry mineralization below these zones. Three holes were drilled in the Gully zone in this phase of drilling. Results are pending.

If they get the eastern ridge results before we see ours I'm going to call Elmer and whine. The bordoms getting a bit much. sigh...

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