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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: Email response from Mr. Stewart
10
Jan 21, 2013 10:08AM

The reason for this statement was because of the calls from guys like Brent Cook and even M Fulps who thought this was too low of a grade to be mined. Take the waste for example. The historical drilling indiated low grade. But, since the deposit under it if much better the waste is convertable to cash. Based on the old data, ya, low low grade. I'd encourage people to read the Govt's doc on the property. You'd get the impression that .25 was as good as it gets. Elmer expected people to be aware of that on this board.

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