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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: Random Feasibility Notes
21
Feb 04, 2013 01:37PM

I particularly like the initial timing;

1) BFS submitted - December 2012 - Done that.

2) Teck review completed April 2013 - Note: Doesn't say Copper Fox review

3) Financing period completed April 2013

4) Start ordering long lead time items - June 2013 - oh, there goes the June 4 end of 120 day period

5) Start of commercial operations - December 2019. MMMM. That's 6/1/2 years. Makes the 75% back-in option a tad risky.

And Elmer did say this morning that Teck is further ahead on the curve than he thought.

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