YUKON – Copper North Mining of Vancouver has wrapped up a successful year of exploration at its Carmacks copper-gold-silver project 220 km northwest of Yellowknife. Promising mineralization has been found in at least 15 zones stretching along a 5 km length, says the company.
In 2014, Copper North conducted geologic mapping, trenching, IP and magnetic surveys and diamond drilling. The proposed open pit mining area has measured and indicated oxide resources of 11.98 million tonnes averaging 1.07% Cu, 0.456 g/t Au and 4.58 g/t Ag plus 90,000 inferred tonnes at 0.73% Cu, 0.128 g/t Au and 1.809 g/t Ag.
The 2015 exploration program will be larger than last year's and aimed at expanding the resources so that the life of the mine can be extended beyond the 6.5-year period currently planned.
Visit CopperNorthMining.com to read the Carmacks preliminary economic assessment prepared in 2014.