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Copper North Mining Corp.
Summary
| Project: | Carmacks | |
|---|---|---|
| Deposit: | 2000S, Zone 12, Zone 13 | |
| Location: | Canada | |
| Commodities: | Silver-Gold-Copper | |
| Date: | 1/18/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 18-1-2018: Copper North Mining Corp. announces an Exploration/Drilling Update report for its 2000S, Zone 12, Zone 13 deposit at the Carmacks project. Drilling results incl. 55.4m @ 0.61% Cu, 0.13g/t Au, 1.84g/t Ag. Vancouver, British Columbia – Copper Nor | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Dr. Harlan Meade (Internal) | |
| ABSTRACT: | Vancouver, British Columbia – Copper North Mining Corp. (“Copper North” or the “Company”) (TSX.V:COL) is pleased to announce the final results of the 2017 drill program on the Carmacks oxide Cu-Au-Ag project, Yukon, Canada. Thirteen holes were drilled within Zone 13 and two holes within Zone 12 as infill and small step-outs to better define the mineralized zone and the boundary between the sulphide and oxide domains. Copper mineralization was intersected in all fifteen holes. Zone 13 is located 1100 meters south of the proposed open pit encompassing zones 1, 4 and 7. The mineralized zone has now been demonstrated by drilling to extend over a strike length of approximately 380 m. The 2017 step-out drilling has increased the known strike-length of mineralization by approximately 70 metres beyond the limit of the 2015 drilling. In-fill drilling has confirmed that the zone can reach widths of over 100 metres and that grade continuity is excellent between drill sections. The oxide cap of zone 13 shows a variable level of preservation but can extend vertically up to 85 metres. The mineralization comprises oxide and sulphide copper mineralization hosted by a 65-75° east dipping tabular body of foliated amphibolite and gneiss. The oxide zone contains malachite, azurite, chrysocolla and tenorite throughout the rockmass and as coatings on fracture surfaces. At the base of the oxide zone is a transition zone that contains disseminated and vein-hosted native copper mineralization. Below the transition zone is a sulphide zone with fresh chalcopyrite-bornite that is open to depth. The 50.19 metres of sulphide mineralization in drill hole CN17-19, grading 0.68% copper, 0.13 g/t gold, and 1.95 g/t silver, indicates the potential for sulphides to depth. | |
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