Dr. Harlan Meade reports
COPPER NORTH INTERSECTS 50.2 M OF 0.68% COPPER, 0.13 G/T GOLD, AND 1.95 G/T
SILVER AT CARMACKS
Copper North Mining Corp. has released the final results of the 2017 drill program on the Carmacks oxide
copper-gold-silver project, Yukon, Canada. Thirteen holes were drilled within zone 13, and two holes within zone
12 as infill and small stepouts to better define the mineralized zone and the boundary between the
sulphide and oxide domains. Copper mineralization was intersected in all 15 holes.
Highlights of the assays in zone 13 include:
- CN17-19: 50.2-metre true width of 0.68 per cent copper, 0.13 gram per tonne gold and 1.95 grams per tonne silver (sulphide);
-
CN17-20: 55.4-metre true width of 0.61 per cent Cu, 0.13 g/t Au and 1.84 g/t Ag (oxide transition to sulphide);
-
CN17-32: 32.3-metre true width of 0.68 per cent Cu, 0.18 g/t Au and 2.46 g/t Ag (oxide).
Zone 13 is located 1,100 metres 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 stepout drilling has increased the known strike length of mineralization by
approximately 70 metres beyond the limit of the 2015 drilling. Infill 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- to 75-degree east-dipping
tabular body of foliated amphibolite and gneiss. The oxide zone contains malachite, azurite, chrysocolla
and tenorite throughout the rock mass 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 per cent copper, 0.13 g/t gold and 1.95 g/t silver,
indicate the potential for sulphides to depth.
Zone 12 is located approximately 120 metres south of zone 13. Two stepout holes were drilled in zone
12, and a thin body of copper oxide mineralization was discovered. The gap between zones 12 and 13
has now been closed off. Both zone 12 and zone 13 have sulphide zones that are open to depth.
From zones 2000S, 13 and 12, there are 22 new drill holes that will be integrated in to a new geological
model for each zone. An updated mineral resource estimate is anticipated in first quarter 2018.
Dr. Harlan Meade, president and chief executive officer, commented, "The exploration successes that we have had in 2017
continue to enhance the opportunity to expand Carmacks beyond the currently planned seven years of
oxide mine life and potential to also process sulphide mineralization using other equipment and process."
Maps of the location of zone 2000S, zone 13 and zone 12 and the drill holes are available at
the company's website. The maps provide an overview of the progress in expanding the
mineralization in the three drill areas.
Zone 13 and 12 assay results are given in the attached table.
ASSAY RESULTS
From To Intersected Estimated Au Ag Acid- Total Cu
Hole (m) (m) width true width (g/t) (g/t) soluble Cu (%)
(m) (m) (%)
Zone 13
CN17-19 42.67 67.00 24.33 20.83 0.01 0.42 0.15 0.21
CN17-19 85.35 147.80 62.45 50.19 0.13 1.95 0.04 0.68
CN17-19 160.00 167.85 7.85 6.63 0.17 2.04 0.04 0.57
CN17-20 57.04 118.87 61.83 55.39 0.13 1.84 0.22 0.61
Including 80.75 105.13 24.38 22.01 0.18 2.52 0.22 0.86
And 57.04 88.39 31.35 30.36 0.11 1.90 0.37 0.64
And 88.39 118.87 30.48 27.45 0.14 1.79 0.07 0.59
CN17-22 41.35 62.44 21.09 20.01 0.11 1.66 0.46 0.54
CN17-23 66.25 103.40 37.15 32.12 0.12 2.30 0.33 0.48
CN17-25 70.29 99.53 29.24 23.92 0.18 2.67 0.42 0.56
CN17-26 72.25 86.22 13.97 12.04 0.12 1.75 0.36 0.49
CN17-26 92.22 100.58 8.36 7.2 0.15 1.63 0.22 0.46
CN17-26 100.58 109.62 9.04 7.78 0.17 1.67 0.08 0.43
CN17-28 29.87 51.41 21.54 19.8 0.10 1.89 0.38 0.44
CN17-28 57.3 65.19 7.89 7.25 0.17 3.51 0.57 0.62
CN17-29 56.68 59.3 2.62 2.6 0.16 1.88 0.32 0.41
CN17-30 11 45.72 34.72 21.78 0.09 1.52 0.43 0.50
CN17-31 31.4 32.8 1.4 1.27 0.03 1.40 0.19 0.25
CN17-31 61.67 68 6.33 5.76 0.10 1.71 0.29 0.43
CN17-31 71.63 86.87 15.24 13.86 0.14 1.93 0.07 0.54
CN17-32 10.67 46.18 35.51 32.33 0.18 2.46 0.61 0.68
Including 24.14 30.14 6 5.46 0.36 3.63 0.93 1.03
CN17-33 35.59 38.31 2.72 2.39 0.10 1.30 0.32 0.38
CN17-36 28.5 34.58 6.08 6.03 0.09 1.23 0.31 0.39
Zone 12
CN17-34 12.19 13.21 1.02 0.96 0.13 1.10 0.41 0.51
CN17-34 16.17 18.29 2.12 2.05 0.21 2.50 0.59 0.70
CN17-35 10.35 13.87 3.52 3.43 0.24 3.85 0.73 0.88
Quality assurance/quality control
Quality assurance and quality control procedures include the systematic insertion of duplicate and
standard samples into the sample stream. Drill core samples were sawn in half, labelled, placed in
sealed bags and were shipped straight to the preparatory laboratory of ALS Minerals in Whitehorse. All
geochemical analyses were performed by ALS Minerals in North Vancouver. Total copper assays were
performed by four-acid digestion with an AAS finish. Soluble copper assays were carried out by sulphuric
acid digestion with an AAS finish. Gold was analyzed by a 30-gram charge fire assay with an AAS finish.
Silver was analyzed by four-acid digestion and ICP-AES finish.
True widths were determined by construction of geological cross-sections along drill fences and interpretation
of the bounding surfaces of the mineralized zones, and the width of the mineralized zone was measured
perpendicular to the zone boundaries at the centre point of the intersection.
The technical information in this news release has been prepared, reviewed and approved by Dr. Harlan
Meade, PGeo, the president and chief executive officer of Copper North, a qualified person within the meaning of National Instrument 43-101.
About Copper North Mining Corp.
Copper North is a Canadian mineral exploration and development company. Its assets include the
Carmacks project, located in the Yukon, the Redstone property, located in the Northwest Territories, and
the Thor property in British Columbia.
We seek Safe Harbor.
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