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Investor Presentaiton

▲ COPPER NORTH MINING CORP. Feasibility Engineering Carmacks Project Continuing to Build Value – Next Steps - Advance metallurgical process engineering to feasibility level (Q4 2019/Q1 2020), focusing on: reducing process plant capital costs (target 8% CAPEX reduction); and, optimizing the process to minimize reagent requirements (target 4% process cost reduction). Update costing on existing permitted project designs (mining and waste rock management, infrastructure) Environmental and Permitting Project is partially permitted with a Quartz Mining License (QML) for the previous heap leach plan - previous mine plan, waste rock management plan, access road upgrading designs in the PEA remain the same as those covered by the QML - further environmental assessment is required to incorporate the revised metallurgical plan and tailings management in an updated QML ➤ Submission of updated Project Description for YESAB review (H1 2020 submission with expected approval H1 2021). ➤ New Quartz Mining Licence to replace current QML (H1 2021). ➤ Type A Water Licence (following YESAB review; H1 2022). Financing Seeking a joint-venture partner for the Project ➤ Continued equity raises in pace with workplan - also will consider a small royalty Consider metal offtake opportunities for cathode copper. TSX.V: COL Project Financing - to be pursued on completion of Feasibility Study Carmacks Next Steps | 33
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