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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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Question was asked about Schaft. Phase I for 10k metres is the current plan. Goal is to expand the resources. No real plan for Phase II. I didn't get the sense that they have any plan for phase II this year.

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