holding up very well. still undervaled., page-8

tci - read the folloiwng answer from my question to Tom Eadie

Hi Tom.
I have a quick question or two - Can Teck still buy into Chloe now that they have knocked it back, like if it turns out to be bigger than currently thought?
Also, what are the next drilling results from, and when ar they due?

reply:

There seems to be some confusion about Teck Cominco. They have a once only right to take a 51% interest in any resource that is announced by Copper Strike by funding the feasibility study. They have passed up Chloe, Jackson, Einasleigh, Kaiser Bill and Walford Creek. If a big one is found outside of these deposits, it may be in their interests to take up their option to earn 51% in it.

So in answer to your question, Chloe and possible extensions are 100% Copper Strike for ever.
As for the drilling, we started with 2 rigs about 2 weeks ago. Results will probably not be until after Christmas – but there will be a lot of them then – and continuous for a few months.

Did you see the article in the Herald Sun today?
Regards

Tom Eadie
Managing Director
Copper Strike Limited
Level 9 - 356 Collins Street
Melbourne VIC 3000
Ph 0419 880333 or (03) 96400955
Facsimile (03) 96420698
www.copperstrike.com.au
ABN 16 108 398 983