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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: turquoise water and $58 billion
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http://www.mining.com/2012/06/08/dominican-republic-sandy-beaches-turquoise-water-and-58-billion-in-mineral-reserves-waiting-to-be-exploited/

This wealth is currently shared by only eight companies, Xstrata (LON:XTA), Barrick Gold (NYSE & TSX: ABX) and Goldcorp (NYSE: GG & TSX:G) being the major players.

''But, members of the Chamber of Mines and Petroleum fear the resources will remain unexploited for years due to the lack of transparency in the way Dominican governments have traditionally managed mining concessions and permits.''

58 Billion...hmmm well if it doesn't work out for Xstrata, barrick and Goldcorp....they can all come to Schaft Creek currently at 61.5 Billion (less than 10% of the property)

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