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Canada

Murray Brook Project

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Summary

Mine TypeOpen Pit
Study CompletedPreliminary Economic Assessment
Commodities
  • Zinc
  • Lead
  • Copper
  • Silver
  • Gold
Mining Method
  • Truck & Shovel / Loader
Mine Life... Lock
SnapshotThe Murray Brook Deposit represents one of the largest undeveloped VMS polymetallic projects in the world-renowned Bathurst Mining Camp, New Brunswick.

In October 2024, Canadian Copper announced the signing of a Term Sheet and Exclusivity Agreement providing the Company with the exclusive right to acquire the Caribou Processing Plant Complex.

The Murray Brook Project will consist of two sites, Caribou and Murray Brook. The process plant, tailings management facility, and other infrastructure are located at the Caribou site. The deposit and mine are located at the Murray Brook site.

The PEA mine plan consists of conventional drill/blast/load/haul open pit mining methods for the Murray Brook Deposit and includes a 13 km haul road for the mineralized material to be processed at the Caribou Processing Plant.
Latest NewsCanadian Copper Updates on Turgeon Asset Sale and Files Technical Report     July 7, 2025

Owners

SourceSource
CompanyInterestOwnership
Canadian Copper Inc. 100 % Indirect
Canadian Copper controls 100% of the Murray Brook Property.

Contractors

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Deposit type

  • VMS

Summary:

The Murray Brook sulphide mineralization is classified as a volcanogenic massive sulphide (VMS) deposit hosted in sedimentary rocks.

The Murray Brook property area overlies a structurally compressed area of juxtaposed formations and members of the Miramichi, Tetagouche, California Lake, and Fournier Groups.

The Murray Brook deposit is hosted by sedimentary rocks of the Charlotte Brook Member in the lower part of the Mount Brittain Formation. The upper felsic volcanic member of the Mount Brittain Formation hosts the Restigouche deposit, 10 km to the west of Murray Brook. The Mount Brittain Formation is considered to be equivalent of the Spruce Lake Formation, which hosts the Caribou mine, 10 km to the east.

Deposit Geology, Alteration and Mineralization
The Murray Brook deposit is elliptical in plan with a strike length of approximately 350 m and a maximum thickness of up to 100 m. The deposit dips approximately 40° to the northwest with a dip extent of >350 m. It plunges moderately to the north and appears to pinch out at depth and to the east. The geometry of the deposit was probably lens-shaped, but the up-dip portion of the body has been eroded and pre-Pleistocene weathering produced the gossan that was historically mined for silver and gold.

Structurally, the massive sulphides occupy the core of an F1/F2 synform (sheath fold) that is deformed by F3 folds, such that the hangingwall and footwall are part of the same unit. Although the Murray Brook deposit is a single body of massive sulphide with good continuity, in-fill drilling indicates that it consists of two connected lenses or lobes. The western, deeper lobe is richer in zinc and lead and the eastern, shallower lobe is richer in copper (Figure 7-3). Given that zoned volcanogenic massive sulphide (VMS) deposits tend consist of copper-rich lower zones and zinc-lead-rich upper zones (see Section 8 of this report), it appears possible that the Murray Brook deposit may be overturned.

The Murray Brook deposit is enclosed in a 1 to 3 m wide halo of chloritized sedimentary rocks containing disseminated pyrite. The hangingwall is moderately chloritic and locally intensely deformed. The footwall consists of fine grainedfelsic tuff and tuffaceous sedimentary rocks with moderate to strong chlorite and sericite alteration.

The Murray Brook deposit sulphides are massive to semi-massive, locally banded, and pyrite-rich. The sulphides are mainly fine-grained, massive, weakly laminated pyrite with disseminated and banded sphalerite, chalcopyrite, and galena, and minor tetrahedrite, covellite, marcasite and arsenopyrite.

Reserves

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Mining Methods

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Required Heavy Mobile Equipment

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Comminution

Crushers and Mills

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Processing

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Commodity Production

CommodityProductUnitsAvg. AnnualLOM
Zinc Payable metal M lbs 47626
Zinc Metal in concentrate M lbs 751
Lead Payable metal M lbs 10137
Lead Metal in concentrate M lbs 147
Copper Payable metal M lbs 8104
Copper Metal in concentrate M lbs 109
Silver Payable metal koz 78310,340
Silver Metal in concentrate koz 11,341
Zinc Equivalent Payable metal M lbs 981,296
Copper Equivalent Payable metal M lbs 30396

Operational metrics

Metrics
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Annual milling capacity  ....  Subscribe
Stripping ratio  ....  Subscribe
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Ore tonnes mined, LOM  ....  Subscribe
Total tonnes mined, LOM  ....  Subscribe
Tonnes milled, LOM  ....  Subscribe
* According to 2025 study.

Production Costs

CommodityUnitsAverage
Total cash costs Zinc Equivalent USD  ....  Subscribe
Total cash costs Copper Equivalent USD  ....  Subscribe
All-in sustaining costs (AISC) Zinc Equivalent USD  ....  Subscribe
All-in sustaining costs (AISC) Copper Equivalent USD  ....  Subscribe
Assumed price Lead USD  ....  Subscribe
Assumed price Zinc USD  ....  Subscribe
Assumed price Copper USD  ....  Subscribe
Assumed price Silver USD  ....  Subscribe
* According to 2025 study / presentation.

Project Costs

MetricsUnitsLOM Total
Initial CapEx $M CAD  ......  Subscribe
Sustaining CapEx $M CAD  ......  Subscribe
Closure costs $M CAD  ......  Subscribe
Total CapEx $M CAD  ......  Subscribe
OP OpEx $M CAD  ......  Subscribe
Processing OpEx $M CAD 483
Refining costs $M CAD  ......  Subscribe
Refining and treatment costs $M CAD  ......  Subscribe
Transportation (haulage) costs $M CAD 111
G&A costs $M CAD 100
Total OpEx $M CAD  ......  Subscribe
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Gross revenue (LOM) $M CAD  ......  Subscribe
EBITDA (LOM) $M CAD  ......  Subscribe
After-tax Cash Flow (LOM) $M CAD  ......  Subscribe
Pre-tax NPV @ 7% $M CAD  ......  Subscribe
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Personnel

Mine Management

Job TitleNameProfileRef. Date
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Workforce

EmployeesTotal WorkforceYear
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Aerial view:

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