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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: Whistler Conference - Teck
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https://www.teck.com/res/tc/documents/_ces_portal_meta/downloads/investors/ir%20presentations/2015/20150122_CIBC_Institutional_Investor_Conference.pdf

Here's the slide.

Few things I noticed from it.

-SC not on the list of assets.

-Copper deficits beyond 2016.

-Current cash cost per pound of copper is $1.60-1.70 USD after by credits. SC is currently at $1.02

-Slide 62 says Copper Cash Costs should include sustaining capital. I found this slide interesting is that Elmer always said to me that our FS includes sustaining capital. Whereas if you look at other mines out there, a lot of them don't.

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