Carmacks - Canada Next Copper Mine

1. A New Beginning
October 2015
Phone: 604.398.3210 | Toll Free: 1.844.401.2644
Email: info@coppernorthmining.com | www.coppernorthmining.com
Carmacks Project Highlights — Value Creation
New Leach Plan — Better Economics
The sequential recovery of copper and gold by agitated
tank leaching has eliminated many of the concerns of oper-
ation in the north during winter conditions. The enclosed
leach tanks and addition of waste heat from the making of
sulphuric acid to leach the copper, results in very rapid
leach times and reduced reagent, manpower and materials
handling expenses. The process also provides increased
operating controls and increased recoveries.
The enclosed agitated tank leach addresses most of the
key concerns related to a leach operation in the Yukon and
is welcomed by regulators and First Nations groups. The
end waste materials are benign and suitable for dry
stacked tailings, avoiding a tailings dam and simplifying
mine closure requirements.
The Carmacks Project, in central Yukon, is the cornerstone
of building a new mid-tier copper company. A change of
management in April 2014 was followed by a re-financing
of the Company and re-engineering of the Carmacks Pro-
ject, advancing the project to be one of the lowest cost
new proposed copper mines. Key to this transformation
was the addition of gold-silver recovery and expansion of
the mineral resource and potential mine life at Carmacks.
June 2014, Copper North acquires 100% of the Thor prop-
erty (16,000 ha) adjacent to the dormant $1.2 billion Ke-
mess mine and mill facility in Northwest British Columbia;
the acquisition provides Copper North with an exceptional
growth opportunity.
 Carmacks deposit is unique as it the only substantial oxide
copper deposits in Canada; the high gold and silver con-
tent is also unusual.
 New agitated tank leach plan produces cathode copper
and reduction of treatment, refining and freight expense.
 The recovery of gold and silver and change of leach plan
has reduced the cost of copper production to the lower
decile of the cost curve.
 2015 drilling program indicates potential 100% increase in
mineral resources.
 Gold and silver make up 40% of net revenue.
Oxide copper in recent Zone 2 trench
New Preliminary Economic Assessment
A new PEA is in progress to confirm much improved project
economics, even at current low metal prices. This value crea-
tion step is key to re-valuation of the project as a very attractive
mine development, Copper North is working towards com-
mencement of production in Q1 2018.
Project Financing
Copper North is currently raising the capital to complete the
PEA and feasibility study. The current financing of $300,000 is
needed for the PEA and an additional $800,000 is required to
complete the feasibility study and securing of project financing.
Carmacks: Canada’s Next Copper Mine

2. October 2015
2015 exploration success confirms the potential
for substantial expansion of mineral resources
and therefore the potential to extend future
mine life.
Detailed magnetic survey has guided the drilling
and provided for efficient drilling of the mineral-
ized structure south of the original resources
and proposed open pit.
Carmacks Exploration:
Pending major increase in min-
eral resources
CAUTIONARY NOTES: The potential quantities of the exploration targets are conceptual in nature; there is insufficient exploration to define a NI43-101 mineral resource; and it is
uncertain if further exploration will result in the target being delineated as a mineral resource. The potential quantities have been determined by the geological interpretation of a
volume between intervals of drillcore that contain visible copper mineralization. The volumes were determined by two methods: 3D wireframing and geometrical methods. Tonnages
were calculated assuming a density of 2.7 t/m3
. No statement is made regarding the grade of the potential quantities. Further details can be found at www.coppernorthmining.com
and in a news release dated September 23rd
2015.
Carmacks South:
2000 metre mineral zone
Initial drilling of 2000S zone over 250 metres
and 280 metres of Zone 13 indicates a po-
tential 10 to 11 million tonnes.
The new NI 43-101 is in progress and will
provide the new mineral resources infor-
mation. The current drill area represents
approximately 25% of the 2000 metre long
mineralized structure and the mineralization
is open to depth with most holes testing
near surface mineralization to a depth of 120
metres.
The presence of sulphide mineralization at a
shallow depth provides an opportunity for
leach operation of sulphides that could uti-
lize the proposed agitated tank leach facility
used for processing oxide copper minerali-
zation.
Carmacks North:
Exploration during 2014 and 2015 have similar-
ly identified drill targets to the north of the cur-
rent proposed open pit area.
Drilling in Zone 2 defined near surface minerali-
zation over a length of approximately 500 me-
tres. A large gap of favourable exploration po-
tential remains untested, and is a high priority
target.