Investor Presentaiton
COPPER NORTH
MINING CORP.
Carmacks Project Economics
Annual Average Production
Planned
Mine Life
CAPEX (includes sustaining capital,
closure, and contingency)
Gross Revenue LOM
Net Operating Revenue LOM
C1 Cash Cost Cu Productione
Cu US$1.75/lb
Au US$1,300/oz
Ag US$17.50/oz
2017 PEA
Sensitivityb
30M lbs Cu
19.5k oz Au
21.6k oz Ag
7 Years
CAD$263M
($240M pre-prod)
CAD$677M
CAD$333M
Cu US$2.50/lb
Cu US$2.75/lb
Au US$1,300/oz
Ag US$17.50/oz
2017 PEA
Au US$1,300/oz
Cu US$3.25/lb
Au US$1,300/oz
Basea
30M lbs Cu
19.5k oz Au
21.6k oz Ag
7 Years
CAD$263M
($240M pre-prod)
CAD$913M
CAD$382M
Ag US$17.50/oz
2017 PEA
Sensitivityd
30M lbs Cu
19.5k oz Au
21.6k oz Ag
7 Years
CAD$263M
($240M pre-prod)
CAD$981M
CAD$450M
US $1.08/lb
US $1.08/lb
US $1.08/lb
CAD$(120)M/$(120)M
(8)%/(8)%
20/20 years
CAD$11.9M/($11.4M)
9.4%/6.6%
5.2/5.3 years
Ag US$17.50/oz
2017 PEA
Sensitivityc
30M lbs Cu
19.5k oz Au
21.6k oz Ag
7 Years
CAD$263M
($240M pre-prod)
CAD$1,118M
CAD$587M
US $1.08/lb
CAD$144M/$75M
22.9%/16.9%
3.0/3.4 years
NPV (Pre/Post Tax 8% discount)
IRR (Pre/Post Tax 8% discount)
Payback (Pre/Post Tax 8% discount)
Notes to Table:
CAD$56M/$18M
14.2%/10.2%
4.3/4.6 years
The above estimates are forward-looking and demonstrate sensitivity to specific project assumptions. Source: JDS Energy and Mining. 9 February 2017.
NI 43-101 Preliminary Economic Assessment Technical Report on the Carmacks Project, Yukon, Canada. Available at www.coppernorthmining.com and on
www.sedar.com.The PEA is based only on the Measured + Indicated oxide mineral resources in Zones 1, 4, 7, and 7A. The PEA does not include any oxide
resources from Zones 12, 13, and 2000S and does not include sulphide mineral resources. The 2017 PEA is preliminary in nature and there is no certainty
that the PEA findings will be realized.
a.
d.
PEA Base Case, b. Lower range of Cu price sensitivity analysis, c. Upper range of Cu price sensitivity analysis, d. Intermediate Cu price within range
C1 cash cost of copper production net of precious metal credits.
TSX.V: COL
Estimated Project Economics
| 14View entire presentation