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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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BREAKING NEWS!!!

Explor Intersects 2.187% Copper Over 9.66 Meters on the Chester Copper Property

  • Intersects 2.187% Copper Over 9.66 Meters
  • Chester Property is known to contain both a copper deposit and a VMS deposit
  • Copper deposit has an Open Pit resource with Measured & Indicated resource of 1,400,000 tonnes grading 1.38% Cu, 0.06% Zn & 3.5 g/t Ag and an inferred resource of 2,089,000 tonnes grading 1.26% Cu

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Description: The Quellaveco open pit copper project contains reserves of 938Mt of copper and molybdenum ore. It is currently at the feasibility stage. The project, scheduled to be at full capacity in 2015, will require 4,500 workers during the construction phase and will then generate 1,700 jobs during the ensuing operational phase.

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