Copper Fox Metals Inc.

The agreement covers the origina; area and adds that the area of inclusion must be offered. Since Teck anti'ed up for the drilling we can assume it was accepted by Teck. Most of the non-main zone is not proven but Teck elected to have us stop drilling. That indicates they have accepted it as proven and will pay full value. So they back in on all of that and offer to buy the remaining. This means they accept our estimates for what's in those inclusion zones. We effectively have the negotiating power as if we held 100% of the main zone. In addition, we have the net smelters and royalties. Our current eq cu value is about 20 billion pounds. To get us out of the picture they have to pay full price. You might think I'm joking here but I'm not. Watch and see later when the real negotiations begin.