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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 Reserves

I just wanted to get back to a comment made earlier by someone that Teck is not showing Schaft Creek on its table of Resources and Reserves for 2014.

If you look at their Annual Information Form they describe Schaft Creek as an exploration property rather than a project. Galore Creek is referred to as a project and has its reserves listed.

Most of the projects that Teck works with have their own employees listed as the QP on their 43-101. My opinion is that when Teck updates the 43-101 information in some way, with their own QP, they will then list the reserves on their website. That is, until they finish reviewing all the data through these optimization studies they won't count the reserves.

When they make the production decision it will cease to be an exploration property.

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