Teck IR #2

Welcome To the Copper Fox Metals Inc. HUB On AGORACOM

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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bigbuck

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Teck IR #2

posted on Apr 24, 2019 08:20PM

Rozali Lori VANM

to Investors, me

Hi xxxx,

We do not have detailed public disclosure on Schaft Creek beyond materials that you have already referenced. I believe you have already seen our latest slide on Galore Creek in our Investor and Analyst Day materials.

Schaft Creek is early stage and not material to Teck so our disclosures are limited.

Best regards,

Lori

From: xxxx
To: Rozali Lori VANM <Lori.Rozali@teck.com>
Subject: Re: Recent investor presentation

thanks Lori, the SCJV announced strengthening the SCJV management team in a PR earlier this year. Who was added to the team and why were they chosen? Is the $2m spend in 2019 mostly for labour? What is the current team size from Teck?

Is Galore in a similar level of study as SC? Why are you spending 10x the amount at Galore in 2019 but had it mothballed for years, what's changed other than a partner? How do the economics differ for Galore vs SC?

To consider a sale or partnership does a SEIA have to be completed and submitted?

thanks

xxxx

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