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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: More results are pending
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Sep 04, 2012 04:14PM

More results pending but I'm not exepcting much on the last 4 holes both on the Discovery zone and on the Mike zone, they all got terminated and didn't reach target. Now I'm waiting for Mira (shortly) then Feasibility (20-28 sept).

2012 Drilling Program:
The 2012 drilling program to date totaled 2,206 m completed in six diamond drill holes. This is the first year that drilling was completed in these areas. Difficult ground conditions encountered in the Mike zone, (DDH) CF-429-2012 and CF429B-2012, and portions of the Discovery zone, (DDH) CF428-2012 and CF-430-2012) resulted in early termination of four of the drill holes from the 2012 exploration program before reaching the chargeability anomaly on both the Discovery and Mike zones. Analytical results for these drill holes are pending.

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