Carmacks Project
Location
The Carmacks Copper Project is located 45 km to the northwest of the community of Carmacks, in the Traditional Territory of the Little Salmon Carmacks First Nation and Selkirk First Nations.
The Project site is currently accessible by an existing 12 km exploration road that leads north from km 33 of the Freegold Road from Carmacks.
Location Map - Provincial Scale
Project Overview
The Carmacks Copper Project contains an oxide copper deposit that will be mined as an open pit.
The extraction process will produce over 33.3 million pounds of copper on average each year. This process will produce 99.9% pure copper metal at the mine site. At that stage, the metal is ready for transformation into finished products. It will be transported and sold to market.
The extraction technology is a well known and tested process that is used extensively in North and South America and in Australia. More than 20% of the world copper supply is produced through this technology.
The project is expected to be active for over 8 years. The project construction will require 2 summers at an estimated cost of C$140 million, followed by more than 6 years of production. Reclamation will start in the early stage of production while final closure is expected to be completed 5 to 10 years after the end of the mining phase.
Construction is subject to completion of the permitting process and to obtaining the financing.
