Copper North Starts 2015 Exploration Program at Carmacks

Copper North Mining (TSXV:COL) announced the start of its 2015 Carmacks exploration program. Exploration work will be aimed at extending measured and indicated mineral resources in zones 1, 4, 7, and 7a. Target areas are referred to as the North Gap and South Gap.

As quoted in the press release:

The 2015 program focuses on determining the offset of Zone 1, on the cross fault, and following it along strike to the northwest. The highest copper and gold grades in Zone 1 occur at its north end, up against the cross fault. A combination of detailed geophysical surveying and trenching will be undertaken in preparation for drilling of the Zone 1 offset. The gap between Zone 1 and the known mineralization at Zone 2 is approximately 2,000 metres, and has the potential to host substantial oxide mineral resources.

Exploration this past year focused on extending the Zone 2 mineralization along strike. Trenching to the southeast was successful in tracking Zone 2 for approximately 500 metres. The historic Zone 2 trench was refreshed with the excavator and the oxide copper zone was resampled. The shear fabric and distribution of oxide copper minerals indicates a steep dipping mineralized zone, trending southeast. Sampling of the trench yielded 15 metres grading 0.9% copper. Ten drill holes tested the near surface oxide copper mineralization over a distance of 450 metres. Drill holes in the Zone 2 extension intersected the mineral zone at depths between 9.6 metres and 81.0 metres. All holes intercepted oxide copper in the mineral zone and yielded an average of 10.5 metres grading a weighted average of 0.36% copper, 0.069 g/t gold and 4.37 g/t silver (see January 5, 2015 news release).

Trenching to the north of the Zone 2 showing indicates that Zone 2 is cutoff by a cross fault, approximately 20 metres to the northeast of the discovery outcrop and mineralized trench. Additional trenching failed to find an extension on the north side of the cross fault.

Copper North president and CEO, Dr. Harlan Meade, said:

[T]he expansion of the oxide mineral resources has the potential to significantly improve project economics. An extension of mine life will increase the attractiveness of investment to those providing capital for project financing. The continuity of mineralization over the five kilometres of the structural trend is very encouraging, and suggests that new discoveries are likely in the gap areas between the known mineral zones.

Click here to read the Copper North Mining (TSXV:COL) press release