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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: Waste Rock

Everyone seems to be missing the key news... the inferred resource being treated as waste rock. The good news is this will be a huge addition to our economics. The bad news is that it means our drilling and resource estimate was poorly planned.

171M tonnes of waste rock will cost us 1.2B dollars to move.

171M tonnes of reserve will net us about 3.4B dollars of extra cash flow.

3.4B in cash flow over 22 years is an extra 155M per year.

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