Received by email:
File: COL_NR_Jan18_2018.pdf
Copper North Mining Corp.
Suite 1120 1095 West Pender St.
Vancouver, BC V6E 2M6 Canada
www.coppernorthmining.com
T. 604.398.3210
F. 604.398.3456
Toll Free. 1.844.401.2646
January 18, 2018
COPPER NORTH INTERSECTS 50.2 M OF 0.68% COPPER, 0.13 g/t GOLD, AND 1.95 g/t
SILVER AT CARMACKS
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.
Highlights of the assays in Zone 13 include:
CN17-19: 50.2 m true width of 0.68% Cu, 0.13 g/t Au and 1.95 g/t Ag (sulphide)
CN17-20: 55.4 m true width of 0.61% Cu, 0.13 g/t Au and 1.84 g/t Ag (oxide transition to sulphide)
CN17-32: 32.3 m true width of 0.68% Cu, 0.18 g/t Au and 2.46 g/t Ag (oxide)
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 65-75degree 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.
Zone 12 is located approximately 120 metres south of Zone 13. Two step-out 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 Q1 2018.
Dr. Harlan Meade, President and CEO 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
www.coppernorthmining.com. The maps provide an overview of the progress in expanding the
mineralization in the three drill areas.
1
---> 2
Zone 13 and 12 assay results are given in the table below:
Intersected Estimated Acid-
From To Au Ag Total Cu
Hole width true width soluble Cu Style
(m) (m) (g/t) (g/t) (%)
(m) (m) (%)
Zone 13
CN17-19 42.67 67.00 24.33 20.83 0.01 0.42 0.15 0.21 Oxide
CN17-19 85.35 147.80 62.45 50.19 0.13 1.95 0.04 0.68 Sulphide
CN17-19 160.00 167.85 7.85 6.63 0.17 2.04 0.04 0.57 Sulphide
CN17-20 57.04 118.87 61.83 55.39 0.13 1.84 0.22 0.61 Oxide to Sulphide
including 80.75 105.13 24.38 22.01 0.18 2.52 0.22 0.86 Oxide to Sulphide
and 57.04 88.39 31.35 30.36 0.11 1.90 0.37 0.64 Oxide
and 88.39 118.87 30.48 27.45 0.14 1.79 0.07 0.59 Sulphide
CN17-22 41.35 62.44 21.09 20.01 0.11 1.66 0.46 0.54 Oxide
CN17-23 66.25 103.40 37.15 32.12 0.12 2.30 0.33 0.48 Oxide
CN17-25 70.29 99.53 29.24 23.92 0.18 2.67 0.42 0.56 Oxide
CN17-26 72.25 86.22 13.97 12.04 0.12 1.75 0.36 0.49 Oxide
CN17-26 92.22 100.58 8.36 7.2 0.15 1.63 0.22 0.46 Oxide
CN17-26 100.58 109.62 9.04 7.78 0.17 1.67 0.08 0.43 Sulphide
CN17-28 29.87 51.41 21.54 19.8 0.10 1.89 0.38 0.44 Oxide
CN17-28 57.3 65.19 7.89 7.25 0.17 3.51 0.57 0.62 Oxide
CN17-29 56.68 59.3 2.62 2.6 0.16 1.88 0.32 0.41 Oxide
CN17-30 11 45.72 34.72 21.78 0.09 1.52 0.43 0.50 Oxide
CN17-31 31.4 32.8 1.4 1.27 0.03 1.40 0.19 0.25 Oxide
CN17-31 61.67 68 6.33 5.76 0.10 1.71 0.29 0.43 Oxide
CN17-31 71.63 86.87 15.24 13.86 0.14 1.93 0.07 0.54 Sulphide
CN17-32 10.67 46.18 35.51 32.33 0.18 2.46 0.61 0.68 Oxide
including 24.14 30.14 6 5.46 0.36 3.63 0.93 1.03 Oxide
CN17-33 35.59 38.31 2.72 2.39 0.10 1.30 0.32 0.38 Oxide
CN17-36 28.5 34.58 6.08 6.03 0.09 1.23 0.31 0.39 Oxide
Zone 12
CN17-34 12.19 13.21 1.02 0.96 0.13 1.10 0.41 0.51 Oxide
CN17-34 16.17 18.29 2.12 2.05 0.21 2.50 0.59 0.70 Oxide
CN17-35 10.35 13.87 3.52 3.43 0.24 3.85 0.73 0.88 Oxide
QA/QC
Quality assurance and quality control procedures include the systematic insertion of duplicate and
standard samples in to 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 analysed by a 30 g charge fire assay with an AAS finish.
Silver was analyzed by four-acid digestion and ICP-AES finish.
---> 3
True widths were determined by construction of geological cross sections along drill fences, 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, P.Geo, the President and CEO of Copper North, a Qualified Person within the meaning of NI 43-
101.
On behalf of the Board of Directors:
"Dr. Harlan Meade"
President, CEO and Director
About Copper North
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. Copper North trades on the TSX Venture Exchange under the
symbol COL.
For Further Information
Dr. Harlan Meade
President and Chief Executive Officer
Tel: 604.398.3451
Email: info@coppernorthmining.com
Web: www.coppernorthmining.com
This news release includes certain forward-looking information or forward-looking statements for the purposes of
applicable securities laws. These statements include, among others, statements with respect to the use of proceeds
from the Private Placement; and proposed exploration and development activities and their timing. These statements
address future events and conditions and, as such, involve known and unknown risks, uncertainties and other factors,
which may cause the actual results, performance or achievements to differ materially from those anticipated in such
statements. Important factors that could cause actual results to differ materially from the Company's expectations
include, among others, the timeliness and success of regulatory approvals, the timing and success of future
exploration and development activities, exploration and development risks, market prices, exploitation and exploration
results, availability of capital and financing, general economic, market or business conditions, uninsured risks,
regulatory changes, defects in title, availability of personnel, materials and equipment, unanticipated environmental
impacts on operations and other exploration risks detailed herein and from time to time in the filings made by the
Company with securities regulators. In making the forward-looking statements, the Company has applied several
material assumptions including, but not limited to, the assumptions that the Private Placement will receive regulatory
approval, the proposed exploration and development of the mineral projects will proceed as planned, market
fundamentals will result in sustained metals and mineral prices, and any additional financing needed will be available
on reasonable terms. The Company expressly disclaims any intention or obligation to update or revise any forward-
looking statements whether as a result of new information, future events or otherwise except as otherwise required by
applicable securities legislation.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the
TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
proposed waste rock
storage area 0
---> 100 200 300 400
---> Meters
proposed tailings
management area Supers
--->cript 1
---> 6,914,000
proposed open pit for
zones 1, 4 and 7 oxide
(7 year mine life)
proposed
process plant
and SX-EW
facility
---> 6,913,000
Zone 2000S
proposed
mine camp
---> Zone 13
Legend
(
! 2017 Drillholes
!
( Pre-2017 diamond drill holes
---> 6,912,000
Surface projection of the 2007 and 2015 oxide zone resource wireframes
Surface projection of the 2015 transition zone resource wireframe
---> Zone 12
Surface projection of the 2007 and 2015 sulphide zone resource wireframes
2 m Contours
10 m Contours
412,000
---> 413,000
--->
WC-020
---> 0 20 40 60 80
---> Meters
WC-022
WC-134
WC-135
WC-136
DDH-13-01
WC-137
CN15-14
CN15-21 WC-023 WC-024
CN15-16
CN15-13
WC-131
CN15-15 CN17-19
WC-132 (
!
WC-133 CN15-19
---> Superscript 1
CN15-09
CN17-20
(
!
CN15-12
CN15-20
CN15-10
WC-027 WC-02
--->9
(
! CN15-11
WC-113
---> CN17-26
---> (
---> !
CN
--->15-32
WC-026
---> CN17-25
CN15-17
---> (
---> !
CN15-22
---> CN15-33
CN15-31
---> CN17-23
CN15-34
---> (
---> !
CN17-36
---> CN17-22
!
(
---> !
---> (
---> CN17-30
(
!
---> CN17-31
---> CN17-28 (
---> !
---> (
---> !
---> CN17-32
WC-114 WC-115
---> !
---> (
---> CN17-29
---> (
---> !
---> CN17-33
---> (
---> !
---> CN17-35 WC-112
---> (
---> !
---> CN17-34 CN15-30
---> !
---> (
---> 6,912,000
---> CN15-28 CN15-29
---> CN15-26
---> CN15-27
---> DDH-12-02
---> CN15-25
---> DDH-12-03
---> CN15-24
---> WC-100
---> WC-099
Legend
---> WC-129
!
( 2017 Drillholes
---> CN15-23
Pre-2017 diamond drill holes
---> WC-126
drill traces projected to surface
---> WC-097
--->
---> WC-125
Surface projection of 2015 resource wireframes for the oxide zone
---> WC-127
---> WC-128
413,000
File: COL_NR_Jan18_2018.docx
January 18, 2018
COPPER NORTH INTERSECTS 50.2 M OF 0.68% COPPER, 0.13 g/t GOLD, AND 1.95 g/t SILVER AT CARMACKS
Vancouver, British Columbia - Copper North Mining Corp. ("Copper North" or the "Company") (TSX.V:COL) is pleased to an
--->nounce the final results of the 2017 drill program on the Carmacks oxide Cu-Au-Ag project, Yukon, Canada. Thirteen hol
--->es were drilled within Zone 13 and two holes within Zone 12 as infill and small step-outs to better define the mineral
--->ized zone and the boundary between the sulphide and oxide domains. Copper mineralization was intersected in all fiftee
--->n holes.
Highlights of the assays in Zone 13 include:
CN17-19: 50.2 m true width of 0.68% Cu, 0.13 g/t Au and 1.95 g/t Ag (sulphide)
CN17-20: 55.4 m true width of 0.61% Cu, 0.13 g/t Au and 1.84 g/t Ag (oxide transition to sulphide)
CN17-32: 32.3 m true width of 0.68% Cu, 0.18 g/t Au and 2.46 g/t Ag (oxide)
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 ha
--->s 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 excell
--->ent 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 65-75degree east dipping tabular bod
--->y 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 di
--->sseminated and vein-hosted native copper mineralization. Below the transition zone is a sulphide zone with fresh chalc
--->opyrite-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.
Zone 12 is located approximately 120 metres south of Zone 13. Two step-out holes were drilled in Zone 12 and a thin bo
--->dy of copper oxide mineralization was discovered. The gap between zones 12 and 13 has now been closed-off. Both Zone 1
--->2 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 eac
--->h zone. An updated Mineral Resource Estimate is anticipated in Q1 2018.
Dr. Harlan Meade, President and CEO 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 p
--->rocess 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 www.coppernorthmining.co
--->m. 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 table below:
Hole
From (m)
To (m)
Intersected width (m)
Estimated true width (m)
Au (g/t)
Ag (g/t)
Acid-soluble Cu (%)
Total Cu (%)
Style
Zone 13
CN17-19
42.67
67.00
24.33
20.83
0.01
0.42
0.15
0.21
Oxide
CN17-19
85.35
147.80
62.45
50.19
0.13
1.95
0.04
0.68
Sulphide
CN17-19
160.00
167.85
7.85
6.63
0.17
2.04
0.04
0.57
Sulphide
CN17-20
57.04
118.87
61.83
55.39
0.13
1.84
0.22
0.61
Oxide to Sulphide
including
80.75
105.13
24.38
22.01
0.18
2.52
0.22
0.86
Oxide to Sulphide
and
57.04
88.39
31.35
30.36
0.11
1.90
0.37
0.64
Oxide
and
88.39
118.87
30.48
27.45
0.14
1.79
0.07
0.59
Sulphide
CN17-22
41.35
62.44
21.09
20.01
0.11
1.66
0.46
0.54
Oxide
CN17-23
66.25
103.40
37.15
32.12
0.12
2.30
0.33
0.48
Oxide
CN17-25
70.29
99.53
29.24
23.92
0.18
2.67
0.42
0.56
Oxide
CN17-26
72.25
86.22
13.97
12.04
0.12
1.75
0.36
0.49
Oxide
CN17-26
92.22
100.58
8.36
7.2
0.15
1.63
0.22
0.46
Oxide
CN17-26
100.58
109.62
9.04
7.78
0.17
1.67
0.08
0.43
Sulphide
CN17-28
29.87
51.41
21.54
19.8
0.10
1.89
0.38
0.44
Oxide
CN17-28
57.3
65.19
7.89
7.25
0.17
3.51
0.57
0.62
Oxide
CN17-29
56.68
59.3
2.62
2.6
0.16
1.88
0.32
0.41
Oxide
CN17-30
11
45.72
34.72
21.78
0.09
1.52
0.43
0.50
Oxide
CN17-31
31.4
32.8
1.4
1.27
0.03
1.40
0.19
0.25
Oxide
CN17-31
61.67
68
6.33
5.76
0.10
1.71
0.29
0.43
Oxide
CN17-31
71.63
86.87
15.24
13.86
0.14
1.93
0.07
0.54
Sulphide
CN17-32
10.67
46.18
35.51
32.33
0.18
2.46
0.61
0.68
Oxide
including
24.14
30.14
6
5.46
0.36
3.63
0.93
1.03
Oxide
CN17-33
35.59
38.31
2.72
2.39
0.10
1.30
0.32
0.38
Oxide
CN17-36
28.5
34.58
6.08
6.03
0.09
1.23
0.31
0.39
Oxide
Zone 12
CN17-34
12.19
13.21
1.02
0.96
0.13
1.10
0.41
0.51
Oxide
CN17-34
16.17
18.29
2.12
2.05
0.21
2.50
0.59
0.70
Oxide
CN17-35
10.35
13.87
3.52
3.43
0.24
3.85
0.73
0.88
Oxide
QA/QC
Quality assurance and quality control procedures include the systematic insertion of duplicate and standard samples in
---> to 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 assay
--->s were carried out by sulphuric acid digestion with an AAS finish. Gold was analysed by a 30 g 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, interpretation of the bou
--->nding 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, P.Geo, th
--->e President and CEO of Copper North, a Qualified Person within the meaning of NI 43-101.
On behalf of the Board of Directors:
"Dr. Harlan Meade"
President, CEO and Director
About Copper North
Copper North is a Canadian mineral exploration and development company. Its assets include the Carmacks Project locate
--->d in the Yukon, the Redstone Property located in the Northwest Territories, and the Thor Property in British Columbia.
---> Copper North trades on the TSX Venture Exchange under the symbol COL.
For Further Information
Dr. Harlan Meade
President and Chief Executive Officer
Tel: 604.398.3451
Email: info@coppernorthmining.com
Web: www.coppernorthmining.com
This news release includes certain forward-looking information or forward-looking statements for the purposes of appli
--->cable securities laws. These statements include, among others, statements with respect to the use of proceeds from the
---> Private Placement; and proposed exploration and development activities and their timing. These statements address fut
--->ure events and conditions and, as such, involve known and unknown risks, uncertainties and other factors, which may ca
--->use the actual results, performance or achievements to differ materially from those anticipated in such statements. Im
--->portant factors that could cause actual results to differ materially from the Company's expectations include, among ot
--->hers, the timeliness and success of regulatory approvals, the timing and success of future exploration and development
---> activities, exploration and development risks, market prices, exploitation and exploration results, availability of c
--->apital and financing, general economic, market or business conditions, uninsured risks, regulatory changes, defects in
---> title, availability of personnel, materials and equipment, unanticipated environmental impacts on operations and othe
--->r exploration risks detailed herein and from time to time in the filings made by the Company with securities regulator
--->s. In making the forward-looking statements, the Company has applied several material assumptions including, but not l
--->imited to, the assumptions that the Private Placement will receive regulatory approval, the proposed exploration and d
--->evelopment of the mineral projects will proceed as planned, market fundamentals will result in sustained metals and mi
--->neral prices, and any additional financing needed will be available on reasonable terms. The Company expressly disclai
--->ms any intention or obligation to update or revise any forward-looking statements whether as a result of new informati
--->on, future events or otherwise except as otherwise required by applicable securities legislation.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the
--->TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
© 2024 Canjex Publishing Ltd. All rights reserved.