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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: Received from Mike
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Mike says that upgrading the inferred to indicated would require a significant investment of time and money.

I'm not sure I believe that. The Tetra Tech Resource Estimate recommended drilling 2 holes to move some inferred to measured and indicated. Cost was $428K. If it turns out that these two drill holes would have made a significant difference to our waste rock, then I view that as a major failure of management. When the report is filed we will know some more info.

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