Operations

The Berg Property is a copper-molybdenum-silver deposit located in west-central British Columbia, Canada, approximately 50 miles southwest of Houston, British Columbia, and 15 miles northwest of the currently operating Huckleberry Mine. Since 1965 approximately 180 diamond drill holes have been completed totaling approximately 42,000 metres and a significant copper-molybdenum resource has been developed. Thompson Creek will continue to evaluate the Berg Property to determine the potential of bringing the project to commercial production.

Berg Mineral Resource Estimate⁽¹⁾

At 0.30% Copper Equivalent Cut-off Grade⁽²⁾

Berg Mineral Resource Estimate⁽¹⁾

Category	Tons (millions)	Cu (%)	Mo (%)	Ag (oz/t)	Cu lbs (millions)	Mo lbs (millions)	Ag ozs (millions)
Measured	58.8	0.48	0.030	0.131	558	36	7.7
Indicated	499.0	0.28	0.038	0.108	2,783	376	53.7
Measured & Indicated	557.8	0.30	0.037	0.110	3,342	412	61.4
Inferred	159.4	0.23	0.033	0.073	739	107	11.7

Note:
1. Click here to view the 43-101 technical report dated June 26, 2009.
2. Copper equivalent grades are calculated using metal prices of US$1.60/lb Cu, US$10/lb Mo, US$690/oz Au and take into account forecast metallurgical recoveries into separate copper and molybdenum concentrates.