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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: Re: Tax Return
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Dec 17, 2014 08:27AM
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Dec 17, 2014 10:58AM

CUU's PAC account is up to $11m, so the claims are in good standing for a long time,...CUU can also use the PAC to keep Carmax's claims in good standing.

CUU doesn't own the claims at Schaft Creek anymore, they are 100% owned by Teck and Teck has extended them through to 2023.

I'm not sure about being able to use the PAC to extend the Carmax claims. I thought you had to use the PAC credits on the claims that were worked directly? I didn't know those credits were transferable? Are you sure about this?

It used to be that you could extend any claim that was actually touching the one where the work was completed. That's why you will see a string of claims in a line that don't appear to have much value but they are just bridging between two bigger areas.

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Dec 17, 2014 11:24AM
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Dec 17, 2014 12:00PM
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Dec 17, 2014 12:09PM
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Dec 17, 2014 12:23PM
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Dec 17, 2014 12:27PM
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Dec 17, 2014 12:54PM
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