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.
hosts a mineral resource with an approximate 6% copper-equivalent grade, 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.
 basis calculated using the following metal price assumptions (in USD): $2.90/lb. Cu, $1,300/oz Au, $22.70/oz Ag, $0.90/lb. Pb, and $0.85/lb. Zn. Calculation excludes any adjustments for metal recoveries. Net of by-product credits.