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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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Spoke with management, BFS is still on track to be completed in March 2012. (released?) Also, there wil be a new RE completed to include the 2011 drill results (including silver). We will also have a 2012 drill program (not sure of scope) as we are still the operator until Teck declares thier intentions. All in all an exciting 30 days ahead. GLTA

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