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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: Spoke to Teck VP
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I can't recall any discussion regarding a Phase 2 program, foxy. The emphasis was on results from phase one, analyzing them over 2-3 months then being in a position to shop our 25%.

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