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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: What happens if Teck doesn't accept the FS as bankable?
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I have read it and do understand it.

It says that if we have a positive feasibility under 5.5(b)(ii) i.e. NPV at 8%, but not 5.5(b)(i) i.e. NPV at 12%-- then Teck may elect, in its sole discretion to deem the report to be a positive bankable feasibility study. If Teck doesn't give any notice whether any option is deemed bankable within the 30 days then 5.5(b)(ii) or NPV 8%, will be considered bankable.

We haven't yet met the requirements. That is why the clock has not started and why the Liard shares have not been transferred.

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