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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: Copper on the move

Sorry, it was actually only $14.64 for Moly that was used in the Economic assessment -- and the assumed annual production of Moly is just north of 10 million pounds -- see pages 521 through 523

S UMMARY OF FINANCIAL RESULTS Tetra Tech evaluated the base case using copper, gold silver, and molybdenum prices of US$3.25/lb, US$1,445/oz, US$27.74/oz, and US$14.64/lb, respectively. In addition to the base case, Tetra Tech prepared three alternate cases based on threeyear trailing average metal prices between October 15, 2009 to 2012, spot prices on October 15, 2012 and real options case using base case metal prices. Details are provided in Table 22.2.

Today's spot Moly is at $44.75...over 300% higher than the 2013 FS
10,000,000 LBs times $44.75 = $447.5 USD Millions per year
Just about a half BILLION USD per year annually just from the Moly!!

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