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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: Elmer - Exercise of options

an example where we live is oyster leases on crown land that are claimed (the whole area)

to make any alteration/sale of a lease etc requires written approval of the FN (6 months +)

this requirement is getting morphed into some residental building permit requirements also

the process is to say no until the correct compensation is met

I am sure any mine plan change, roads, water course change requires lots of approvals

reading the NTL regs there was big fight about outhouses being less than 250m from a watercourse, like who cares, it was a negotiating point

the obvious solution is to make the FN part of the project so it is just one fight -the enviros not the enviros and FN

from my understanding of SC we have FN approvals with some economic benefits but they are not part of the project correct me if I am wrong

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