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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: Forward plan & Teck
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November 5th news-

The Technical Report recommends a multi-purpose program and budget to advance the project to the pre-feasibility stage (“PFS”).”

Recommended Program

The PEA describes a recommended work program for the Schaft Creek Project that contemplates a C$23.2 million budget as part of a potential PFS. Activities include geological and geotechnical drilling, metallurgical testwork and additional environmental and infrastructure studies to complete the PFS. The recommended budget includes contingencies, preparation of the PFS and direct costs related to completion of the recommended program.

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