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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: Teck 'talks Turkey'

It may well be a different league of project but it does show how cheaply a majour like Teck can acquire property and projects in today's market. I think that this reality might mean that Teck only earn's in to the Schaft project vrs paying the price that EE and ES hope to get for selling it and seeing what that same money could buy elsewhere. Remember, the Sched A lands also include most of Discovery and all of Mike zones so there is already exploration potential attached to the SC project within the Salazar Agreement.

I thought the notion of the 4 yr clause to build Schaft Creek was dealt a death blow when Elmer said that one could shoot a cannon-ball through that agreement? In the absolute absence of any other info on that 4 yr agreement, that comment from ES did it for me.

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