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Copper North Mining Corp.
Summary
| Project: | Carmacks | |
|---|---|---|
| Deposit: | Carmacks | |
| Location: | Canada | |
| Commodities: | Silver-Gold-Copper | |
| Date: | 4/9/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Resource Estimation | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 9-4-2018: Copper North Mining Corp. announces a Resource Estimation report for its Carmacks deposit at the Carmacks project. Updated mineral resource estimate at project. Vancouver, British Columbia – Copper North Mining Corp. (“Copper North” or the “Comp | |
| Resources: | ||
| CP/QP: | [Resources]: Dr. Gilles Arseneau (Arseneau Consulting Services Ltd.) | |
| ABSTRACT: | Vancouver, British Columbia – Copper North Mining Corp. (“Copper North” or the “Company”) (TSX.V:COL) announces the expansion of oxide copper-gold-silver mineral resources at the Carmacks Project, Yukon Territory. The mineral resource expansion is in the southern extension of the Carmacks mineral deposit, in Zones 2000S, 13, and 12, on the basis of the step-out and infill drilling program conducted in September and October 2017 and the recently completed updated mineral resource estimate (“Updated Mineral Resource”). The Updated Mineral Resource has been prepared in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects (“NI 43-101”) by Independent Qualified Person, Dr. Gilles Arseneau, P.Geo. Dr. Harlan Meade, President and CEO, commented that “the increase of Measured and Indicated Oxide mineralization in the Updated Mineral Resource for the Carmacks Project confirms there is an opportunity to undertake mine development engineering work on the southern extension to evaluate the potential for extending oxide mineralization mine life and for a potential future shift to mining the sulphide mineralization”. Updated Oxide Mineral Resource Zones 2000S, 13, and 12 are located 400 to 2,000 m to the south of the proposed open-pit, defined in the 2016 PEA based on the mineral resources in Zones 1, 4 and 7. The oxide mineral resources occur from surface and extend to depths of 80 to 100 m that may be amenable to open pit mining with a modest strip ratio. The Measured category represents 79% of the total Measured and Indicated resource. The 2017 drill results, including location maps, are available in news releases dated January 8 and January 18, 2018, or at www.coppernorthmining.com. | |
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