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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: Teck presentation deck from this morning

I tracked down that slide to see if Teck may have accidentally released some numbers that could be back calculated to SC from the other project numbers(slide 6 from here: http://www.teck.com/res/tc/documents/_ces_portal_meta/downloads/investors/ir%20presentations/2015%20investor%20day/06_copper.pdf ) . However, the colour coding on the map refers to brownfield(brown dots) versus greenfield (green dots including SC) projects. The resource/ reserves tables list 2P reserves and M,I and Inf resources for all projects and should give the same values as shown in slide 6. See here for the table: http://www.teck.com/Generic.aspx?PAGE=Teck+Site%2fDiversified+Mining+Pages%2fReserves+and+Resources&portalName=tc

I can match the 2P reserve number easily but I calculate greater numbers for the M+I and inferred values. We'll have to wait for the results from the optimization studies to see if Teck will release some numbers. The project cannot proceed without them.

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