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A Promising Future

NovaCopper's principal asset, the Upper Kobuk Mineral Project, is located in the highly prospective Ambler District in Alaska and home to some of the world's richest known copper-dominant polymetallic deposits.

The Ambler District consists of two contemporaneous and adjacent mineralized belts—the Devonian Ambler polymetallic volcanogenic massive sulfide (VMS) belt that contains the Arctic deposit and several other known VMS deposits, and the Devonian Bornite carbonate-hosted copper-cobalt belt that contains the Bornite deposit. The trend of the mineralized district extends for approximately 70 miles along strike.

Arctic hosts a mineral resource with an approximate 7% copper-equivalent grade[1], and is the largest and highest-grade known VMS deposit of its kind in the world. Meanwhile, step-out drilling on Bornite delivered some of the best intercepts in the copper space, including DDH RC11-187 which encountered 178 meters averaging 4% copper. These and other excellent results rival those of any copper project in any part of the world.

With exceptional copper and zinc grades, good precious metals credits and a large district-scale play, NovaCopper offers an exciting exploration opportunity.

[1] CuEq basis calculated using the following metal price assumptions (in USD): $3.93/lb. Cu, $1,815/oz Au, $40.55/oz Ag, $1.08/lb. Pb, and $1.00/lb. Zn. Calculation excludes any adjustments for metal recoveries. Net of by-product credits.
Last changed at 04-Dec-2017 12:05PM by AGORACOM