No, this website update happened days ago as I visited the site last week with the same old information.

Folks, nothing to worry about lol. All positive imo.

Just legal disclaimer stuff as the old 2013 document is now officially obsolete :) It is no longer a relevant report as the JV will incorporate the last 4 years of project development! Those in the know, will realize the last 4 years of work programs yielded extremely positive results which will IMPROVE the value of SC (POSITIVE OUTCOME).

The website also mentions this:

The results of the remodeling work will be compared to the resource estimation completed in 2012 to determine if either positive or negative changes to resource categories, tonnes and metal grades have occurred. The decision on if an updated resource estimate for the Schaft Creek deposit is required will be made on completion of the remodeling work.

Well since the last report:

In 2013, the Schaft Creek Joint Venture conducted a diamond drilling program to test the extension to the east of the mineralization in the Paramount Zone and to collect additional geotechnical information for pit slope stability studies. Total cost of the 2013 Joint Venture activities related to Schaft Creek was $8.2 million. The positive aspects of the 2013 drilling program were:

1. copper-gold-molybdenum-silver mineralization was intersected east of the resource block model indicating that the mineralization in the Schaft Creek deposit is open to the east, and
2. DDH SCK-13-435 intersected two broad intervals of higher grade mineralization one of which is located immediately outside the resource block model and the second interval is located within the block model

A total of 100 representative samples of the lithologies and alteration across the Schaft Creek deposit were collected in 2015 for geometallurgical testwork. This work indicates for the various GeoMet Units (based on 50th percentile of hardness) throughput could range from 118 to 153 kt/d, while maintaining a 150 micron flotation feed size. This information will guide future work in optimizing the design of the project's crushing and grinding circuits.

The geotechnical, comminution and electrical portions of the optimization studies found similar results to those presented in the 2013 Feasibility Study. Surficial geological mapping of the proposed tailings impoundment area did not find any evidence to support the existence of a large slope sagging feature previously reported by Copper Fox in 2011.

At the end of 2015, over 40% of the drill core from the deposit has been re-logged. Further work includes upgrading the 3D structural model as well as the alteration, mineralization and geo-metallurgical 3D models.

This work includes a full review of all data generated on the Schaft Creek deposit since the late 1960s up to and including the work completed by the Schaft Creek Joint Venture between 2013 and 2016. This work also includes incorporating updated geological model information which provides a better understanding of the lithological and structural controls on the mineralization

 (From the 1960s? From when Teck drilled the Laird Zone?)

 Since establishment of the Schaft Creek Joint Venture ("SCJV") in July 2013, Teck, on behalf of and as operator of the SCJV, has completed a number of activities on the Schaft Creek project including a limited amount of diamond drilling within the Schaft Creek deposit, re-logging of approximately 43,000m of diamond drill core, and a series of studies to review the major components of the Schaft Creek feasibility study completed by Copper Fox. These studies, referred to as "optimization studies", had the objective of enhancing the value of the Schaft Creek project.

The management committee meeting for the fourth quarter 2015 was held in January 2016. Activities completed during the last quarter of 2015 included updating of the geological model to increase the confidence level in, and understanding of, the geology of the Schaft Creek deposit.

A review of comminution data based on geometallurgical principals has provided an improved view of variability in the deposit. This will guide future work in optimizing the design of the project's crushing and grinding circuits.

(Teck also increased Laird share ownership to 86% in the same quarter)

A significant aspect of the 2014 activities undertaken by the Joint Venture is to identify opportunities to reduce capital expenditure. This initiative is related to a high level review on three aspects of the project where capital cost reductions may be achieved. These are: i) the location and construction of the containment dams for the tailing storage facility, ii) the re-location of the mill closer to the pit to reduce transportation distances and iii) camp facilities.

The Joint Venture has identified a mineralized zone north of the Discovery zone, a new zone of copper and gold mineralization reporting value from outcrop samples of up to 1.56% copper and 1.3g/t gold. The area of interest is 1,300m long by 800m wide. This work also identified a new possible mineralized target south of the Schaft Creek deposit as well as extension to the mineralization in three areas of the Schaft Creek deposit.

Geological interpretation of near-surface broken material identified in the feasibility study is a potentially positive development in relation to the pit slope stability, and a separate zone of low-RQD (Rock Quality Designation) material is being evaluated for mill throughput. A total of 16,867m of core was re-logged in 2014 bringing the total core re-logged at Schaft Creek to 31,560m since Teck Resources Limited (the 'Operator') assumed operatorship of the project.

As part of the review of the metallurgical testwork, the Operator has recommended additional variability testwork to determine more accurately the metal recoveries and mill throughput at Schaft Creek. Geometallurgical modelling and additional testwork will be required in the next phase of studies to further advance the project.

Mr. Stewart, President of Copper Fox stated, "We are very pleased that the 2013 drilling program extended the mineralization between 100m and 300m east of the current resource block model and has also tested several blocks of inferred resources in the Paramount zone. The drilling results support the interpretation that the mineralization in the Paramount zone could extend to the east past the limits of the current block model. The extension of the mineralization into that area of the Paramount zone that was previously categorized as waste in the feasibility study prepared by Copper Fox and the testing of the inferred resource block within the pit shell could have a positive effect on the economics of the Schaft Creek project."