Copper North Mining Corp. (TSX-V:COL) is a mineral exploration and development company focused on transforming the Carmacks Project into a low-cost, environmentally sustainable, copper and precious metals producer.
The Carmacks Project, 100% owned by Copper North, is located 200 km northwest of Whitehorse, in mining-friendly Yukon. The project is road accessible now and is located 12 km from Yukon grid power. Carmacks is a near-term producer and is partially permitted for construction.
Carmacks Project – Key Values
Advanced Stage
- As soon as 3.5 years to production
- Positioned to take advantage of coming copper supply short-fall
- Partly permitted to build, including the open pit mining, waste rock management, and infrastructure design
Low-cost Copper Producer
- C1 Cash Cost of US$1.08/lb. after precious metal credits (2017 PEA)
- Established Regional Infrastructure
- Road accessible now
- 12 km from Yukon grid power (94% hydro generated in 2018)
High-grade Oxide Copper-Gold-Silver Mineral Resource,
- Drilling in 2015/2017 increased the oxide mineral resource tonnage by 36%, potentially adding 2.5 years to the currently planned 7 year mine life, with further exploration potential remaining on property (2017 PEA and April 9, 2018 news release)
- Underlying sulphide mineral resource open at depth along entire oxide strike length
Engineered for Environmentally Sustainable Copper Production
- Dry stack tailings management, grid power, cathode copper production on site/no smelting required