Caribou Plant Complex

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In October 2024, Canadian Copper entered into an agreement to acquire the Caribou Processing Plant Complex (“Caribou”).

Caribou is a fully permitted, past-producing sulphide processing facility located approximately 10 km east of the Murray Brook deposit in the Bathurst Mining Camp, New Brunswick. The facility has a nameplate capacity of 3,000 tonnes per day and includes established crushing, grinding, and flotation infrastructure, supported by grid power and water supply.

The complex includes one SAG mill, two ball mills, three ISA grinding circuits, flotation equipment, load-out facilities, an on-site laboratory, and a permitted tailings impoundment. The plant was last in production in Q2 2022, processing approximately 15 million pounds of zinc. The acquisition provides Canadian Copper with existing processing infrastructure capable of producing copper, zinc, lead, and silver concentrates, significantly reducing capital intensity and development timelines compared to constructing a new facility.

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