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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: Claims Extended

All the Schaft Creek and surrounding claims were extended yesterday until February 2023. They were extended by applying their exploration and development work credits, so the dollar amount spent on work allows them to extend the claims without paying.

For this extension they registered $4.3 million in technical work for geological, geochemical and drilling. The work started in July 2013 and concluded May 10, 2014. The dates appear to be more a function of the JV period, but still.

I think all the dates on these claims now line up whereas before they ended at various times due to the dates they were staked. The dollar amount could be a factor in how much exploration credits they needed to use, rather than how much money was actually spent in total.

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