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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: To the board. Your thoughts
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Jan 22, 2012 10:56PM
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Jan 23, 2012 11:18AM
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Jan 23, 2012 12:02PM
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Jan 23, 2012 12:04PM
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Jan 23, 2012 12:11PM

Same here. Had a great chat with him and Hector.

Elmer explained the potential (what Vette always was talking about) in the Mike zone, ES Zone, and GK zone. These are potential deposits. They currently have similar mineralization characteristics of Schaft creek. They've only drilled once around the Mike Zone area but he said whoever is going to continue this project iwll want to drill it.

He said porphyry copper deposit usually has a vein that runs over a long strip of land and they usually have clusters of deposits (he refered to highland valley in BC where they have 10s deposits?). He believed there is potentially more deposits around up north where the veins follow. That's why they purchased more land up in the north.

Elmer is one smart man.

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