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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.

Well I asked Elmer, it's 10 drill holes in the Liard zone...and a whole lot would have gotten upgraded to Indicated. It's that simple. They can even do it if Teck backs in 75% vs buyout.

They could have done this but it would have required a new Resource Estimate and a new extended Pit Block Model and delayed Feasibility.

With aerial, titan and Mira and 100& correlation...they had enough proof..Teck has enough proof.

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