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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: Drill program: Opinions
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I don't want to see a drill program until we know what Teck will be doing. If we do announce a drill program it will indicate that we won't be expecting any help from Teck this season. A drill program with Teck will look quite different than one fully funded by Copper Fox.

For those that think we will scare Teck by pushing ahead, that won't work. We would just be funding work that might end up free for Teck (unless it counts as an eligible expense, I don't think so though since we should have already delivered our list of eligible expense to Teck).

The best thing this company can do is clear the air regarding the back-in agreement. Until then, I don't want to see us face more dilution.

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