Resource World Magazine

Resource World - February 2013

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Mi n i n g Copper North Mining excited about first year as a junior company by Jennifer S. Getsinger, PhD, PGeo Copper North Mining Corp. [COL-TSXV] issues were managed. In 2008 and 2009, was created by Western Copper when they the Carmacks property had completed decided to go in a "new direction" in 2011, an environmental assessment and held a to concentrate on developing two north- quartz mining licence, but had not been ern Canadian copper projects: Carmacks in approved by the Yukon Water Board. Doug Ramsey, the current VP for the Yukon and Redstone in the Northwest Territories, both at about the same latitude Sustainability and Environmental Affairs as Yellowknife (62 – 64 deg. N). Western (formerly of Wardrop/TetraTech), has comCopper and Gold [WRN-TSX] retained the pletely revised the design of the mining Casino Project in Yukon, which is project- plans for Carmacks to better reflect watering production by 2017. Northern Canada use practices and address key concerns is considered a mining-friendly jurisdiction. raised by the Yukon Water Board; this will Spearheaded by a forward-looking team also require a revised environmental assessof keen management (some formerly from ment. During a recent interview, Ramsey Endeavour Mining) led by Dr. Sally Eyre, outlined changes to the heap leach design, President and CEO, Copper North spent its including the use of "interlift liners" that first independent year lining up permits divide the heap into layers, restricting leachSVL_Ad_7.375X4.7_1209_PRINT.pdf 1 12-09-18 9:37 AM and making sure environmental and social ing to the top while allowing drainage in the lower layers, and thus beginning remediation and the closure process simultaneously with mining. Because the Carmacks copper deposit is expected to be mined entirely within an oxide zone, there are no anticipated problems with sulphides and acid rock drainage. It is also convenient to modern infrastructure. The geological target at Carmacks is a bulk mineable, high-grade, copper oxide zone more than 200 metres thick with little waste rock, in metamorphosed granitic rocks (gneiss) of the Yukon Cataclastic Terrane. Proven and probable reserves are estimated at 11.6 million tonnes at 0.97% Cu. Ore minerals include cuprite and tenorite, malachite and azurite. In contrast, the Redstone Project, in the T S X.V: SV L N Y S E M K T: S V L C Low Cost Silver & Gold Producer in Mexico C M Y CM MY CY CMY Why Invest in SilverCrest? PEOPLE Management team has accumulated a century's worth of international mining success PRODUCTION Santa Elena Mine (Mexico) high-grade gold & silver, open-pit heap leach mine FINANCIAL Strong balance sheet with growing free cash flow PRODUCTION GROWTH Double Ag Eq production RESOURCE GROWTH La Joya + 100 million oz AgEq Resource & growing K Scan the QR codes for more info. Get the FREE mobile app: http:// gettag.mobi WEBSITE 46 www.resourceworld.com MEDIA PRESENTATIONS 501 – 570 Granville Street Vancouver, BC V6C 3P1 Tel: 604-694-1730 | Fax: 604-694-1761 Toll Free: 1-866-691-1730 info@silvercrestmines.com www.silvercrestmines.com

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