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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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Elmer said in the webcast that drilling targets would continue late 2012 and into 2013. He didn't say that there would be no drilling till late 2012.

Here's what I understood from that. Elmer was speaking of the Aerials..proving District when that came up.

The late 2012-2013 drilling is based on the targets they should identidy with the current Aerial survey and Titan.

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