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The Quartz Mountain Property is a later stage exploration project located in south central Oregon, approximately 50 km west northwest of the city of Lakeview on the northern extension of the prolific Basin and Range Province of Nevada.

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On a project basis using a $1500 per ounce gold price and a discount rate of 10 percent the project will generate a net present value of almost $22.0 million. The payout of the capital investment on a project basis is 1.1 years and the calculated rate of return is over 200%.

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2017 ANNUAL QUARTZ MINING LICENCE REPORT Submitted to Yukon Government Energy Mines and Resources Yukon Quartz Mining License QML 0007 Carmacks Copper Project, Yukon Territory Submitted by Copper North Mining Corp. 1120 1095 West Pender Street Vancouver, BC V6E 2M6 DISTRIBUTION LIST Number of Copies Distribution

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1. INTRODUCTION OF THE PROJECT/BACK GROUND

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Arizona is a mining friendly jurisdiction with a long, rich history of resource extraction, accounting for 65% of copper production in the United States. With ready access to skilled labour and a clear permitting and approval process, it is an optimal location for this project.

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