A Promising Future

NovaCopper's principal asset, the Upper Kobuk Mineral Projects, are 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.