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Executive Summary 2017 Phone: 604.398.3210 | Toll Free: 1.844.401.2644 Email: [email protected] | www.coppernorthmining.com Hidden Valley, Northwest Territories, Canada High grade silver mineralization of up to 220 oz/ton or 7,568 g/t Ag occurs within tet- rahedrite veins, lenses or pods up to 0.6 m wide and exposed for at least 10 m in strike at the Hidden Valley property. Mineralization is associated with two brittle faults over a kilometre in strike length, showing potential for a substantial amount of high- grade silver mineralization. Much of the property is covered in talus, with a high poten- tial to discover additional mineralization under cover considering that the property has not been explored in detail since 1962. The vein material could easily be mined on a small scale, hand-cobbed or upgraded using an inexpensive DMS circuit to produce a tetrahedrite concentrate containing up to ~ 7,500 g/t Ag and ~35% Cu with other cred- its of zinc, antimony, bismuth, and indium. Geology Mac Showing The mineralization is hosted by hydrothermal breccias in limestones and dolostones and infills the porosity of the breccia bodies along with calcite, quartz and minor chal- copyrite. Silver is contained within the structure of tetrahedrite-tennantite and assays of the tetrahedrite run between ~700 to ~7,500 g/t Ag and up to 35% Copper. The tetrahedrite occurs as lenses, blobs and short veins erratically distributed throughout the rockmass. Dr. W.R.A. Baragar estimated the overall grade of the rockmass over a ~20 m x 7 m area to be 2 to 2.5 % Cu with 340 to 600 g/t Ag. A series of 13 chan- nel samples within the breccia returned an average assay of 2.23% Cu and 403 g/t Ag. Dr. D.D. Campbell sampled the high grade veins: a grab sample assayed 7,915 g/t Ag and a bulk composite of 9 channel samples cut across a vein returned a silver assay of 7,571 g/t Ag. Hidden Valley Creek Showing The Hidden Valley Creek showing is located approximately 800 metres from the Mac showing and lies along similar fault structures that control silver-copper mineraliza- tion. In 2012, Dr. J.E. Milton took a grab sample grading 1800 g/t Silver, 35% Cop- per, 9.8% Antimony, 0.45% Bismuth, 8.8 g/t Indium and 0.65% Zinc from the Hidden Valley Creek showing. The mineralization occurs in a brecciated limestone body as tetrahedrite-calcite-dolomite-quartz-chalcopyrite cement to angular and rotated lime- stone clasts. There are many other occurrences of tetrahedrite mineralization on the Hidden Valley property that warrant further detailed exploration. [left] distribution of tetrahedrite lenses at an outcrop in Hidden Valley Creek. A 20 metre chip sample ran 400 g/t silver, 7.93% copper here. [right] Examples of mineraliza- tion from the Hidden Valley Creek showing. Tetrahedrite (grey mineral with copper stain) occurs as large pods, blobs and lenses with calcite-dolomite- quartz-chalcopyrite in hydrother- mal limestone breccias

Hidden Valley, Northwest Territories, Canada · TSX.V:COL CAUTIONARY NOTES: Statements contained herein that are not historical fact are forward-looking statements as that term is

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Executive Summary

2017

Phone: 604.398.3210 | Toll Free: 1.844.401.2644 Email: [email protected] | www.coppernorthmining.com

Hidden Valley, Northwest Territories,

Canada

High grade silver mineralization of up to 220 oz/ton or 7,568 g/t Ag occurs within tet-

rahedrite veins, lenses or pods up to 0.6 m wide and exposed for at least 10 m in

strike at the Hidden Valley property. Mineralization is associated with two brittle faults

over a kilometre in strike length, showing potential for a substantial amount of high-

grade silver mineralization. Much of the property is covered in talus, with a high poten-

tial to discover additional mineralization under cover considering that the property has

not been explored in detail since 1962. The vein material could easily be mined on a

small scale, hand-cobbed or upgraded using an inexpensive DMS circuit to produce a

tetrahedrite concentrate containing up to ~ 7,500 g/t Ag and ~35% Cu with other cred-

its of zinc, antimony, bismuth, and indium.

Geology

Mac Showing

The mineralization is hosted by hydrothermal breccias in limestones and dolostones

and infills the porosity of the breccia bodies along with calcite, quartz and minor chal-

copyrite. Silver is contained within the structure of tetrahedrite-tennantite and assays

of the tetrahedrite run between ~700 to ~7,500 g/t Ag and up to 35% Copper. The

tetrahedrite occurs as lenses, blobs and short veins erratically distributed throughout

the rockmass. Dr. W.R.A. Baragar estimated the overall grade of the rockmass over

a ~20 m x 7 m area to be 2 to 2.5 % Cu with 340 to 600 g/t Ag. A series of 13 chan-

nel samples within the breccia returned an average assay of 2.23% Cu and 403 g/t

Ag. Dr. D.D. Campbell sampled the high grade veins: a grab sample assayed 7,915

g/t Ag and a bulk composite of 9 channel samples cut across a vein returned a silver

assay of 7,571 g/t Ag.

Hidden Valley Creek Showing

The Hidden Valley Creek showing is located approximately 800 metres from the Mac

showing and lies along similar fault structures that control silver-copper mineraliza-

tion. In 2012, Dr. J.E. Milton took a grab sample grading 1800 g/t Silver, 35% Cop-

per, 9.8% Antimony, 0.45% Bismuth, 8.8 g/t Indium and 0.65% Zinc from the Hidden

Valley Creek showing. The mineralization occurs in a brecciated limestone body as

tetrahedrite-calcite-dolomite-quartz-chalcopyrite cement to angular and rotated lime-

stone clasts. There are many other occurrences of tetrahedrite mineralization on the

Hidden Valley property that warrant further detailed exploration.

[left] distribution of tetrahedrite

lenses at an outcrop in Hidden

Valley Creek. A 20 metre chip

sample ran 400 g/t silver, 7.93%

copper here.

[right] Examples of mineraliza-

tion from the Hidden Valley

Creek showing. Tetrahedrite

(grey mineral with copper stain)

occurs as large pods, blobs and

lenses with calcite-dolomite-

quartz-chalcopyrite in hydrother-

mal limestone breccias

TSX.V:COL

CAUTIONARY NOTES: Statements contained herein that are not historical fact are forward-looking statements as that term is

defined in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are subject to risks and uncertain-

ties which could cause actual results to differ materially from estimated results. The exploration targets are conceptual in nature and

no guarantee is made that further exploration will lead to the definition of mineral resources. Drilling and bulk sampling is required to

evaluate the extent and quality of mineral occurrences.

1120 - 1095 W. Pender St

Vancouver, BC V6E 2M6 Canada

2017

Hidden Valley Property

Mineralization Style

This style of mineralization is somewhat unique although it shares similarities

to some MVT/Irish-type Zn-Pb-Ag deposits and to some polymetallic vein

deposits. The mineralization is epigenetic, structurally controlled and occurs

as veins or vug-fills within breccias. The fluids that formed the tetrahedrite

mineralization were at least 250 °C and may have been channeled by deep

seated basement structures present in this area along the ‘Redstone Arch’: a

regional basement ramp. The host rocks are Neoproterozoic, yet mineraliza-

tion occurred at approximately 395 Ma.

Location

The Hidden Valley property is located in the Mackenzie Mountains, approxi-

mately 150 km west of the community of Wrigley, Northwest Territories. The

exploration season runs from approximately May to October.

Cu

Cu

MAC

HV Ck

Mac Showing